Provo, Utah, Aug 2, 2024 – RevRoad, a leading venture services firm, has initiated a strategic investment partnership with Nomyx, a pioneering company in blockchain technology and digital asset management. This collaboration aims to harness advanced technologies to enhance security and compliance in the fintech sector.
Nomyx offers an innovative approach to asset tokenization with an easy-to-use, no-code, asset-agnostic solution that provides Tokenization-as-a-Service (TaaS).
By integrating Blockchain, IoT, and AI/ML technologies, Nomyx enhances transparency, automates processes, and delivers intelligent insights for digital assets. This platform streamlines contract and payment processes, expands distribution channels, and ensures cost-effective management and transfer of assets. Designed for rapid deployment and scalability, Nomyx accommodates various enterprise assets, simplifying a traditionally complex process while building trust in digital asset management.
“The $600 trillion transition from traditional assets to blockchain tokens offers a unique opportunity to revolutionize global finance,” says Ubair Javaid, CEO and Co-Founder of Nomyx. “By combining our deep expertise in blockchain and digital asset management with RevRoad’s expertise in scaling innovative companies, our tokenization platform is poised to lead this transformation. Together, we are shaping the future of asset tokenization, making it more accessible, secure, and efficient for asset managers worldwide.”
Amy Caldwell, RevRoad’s Chief Investment Officer, states, ‘Nomyx has a transformative approach in an emerging industry that is seeing market traction. They have an impressive team with profound track records, grit, and vision. Our partnership will focus on expanding Nomyx’s reach through a global institutional trading network, making it easier for investors and bankers worldwide to engage in the asset market. By creating seamless user experiences, Nomyx is building a more accessible and efficient market for asset tokenization.”
For more information about the partnership and future initiatives, please visit revroad.com and nomyx.io.
About RevRoad:
RevRoad is a venture services firm dedicated to achieving the full value of startups for founders and investors. The company invests in innovators through the delivery of strategic services, including marketing, sales, development, strategy, finance, and capital to accelerate revenues and scale efficiently while keeping founders in the driver’s seat.
About Nomyx:
Nomyx is a pioneering digital asset tokenization company at the forefront of the multi-trillion dollar transition from traditional assets to blockchain-based tokenized assets. Our flagship platform offers Tokenization-as-a-Services (Taas), providing mid-market asset management ($1-10 billion AUM) with a no-code solution for issuing, tracking, and managing a wide variety of digital assets. By abstracting away the complexities of blockchain technology, Nomyx streamlines the end-to-end tokenization process and enables asset managers to reduce settlement times from days to seconds, expand investor pools, and dramatically lower transaction costs.
Media Contact:
Brittany Ouimette
Communications Specialist
brittany.ouimette@revroad.com
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