Just before the end of the year, we are pleased to announce another start-up investment. DPS Group is a co-investor in the pre-seed financing of Tokenfabrik.
Tokenfabrik is a FinTech founded by Jochen Kaßberger and Dimitrios Chatzianagnostou that deals with the tokenisation of illiquid assets. In doing so, in particular, Tokenfabrik relies on the targeted use of DLT.
As the managing partner of 51nodes GmbH, Mr Jochen Kaßberger has already successfully implemented numerous blockchain projects in the financial sector and industry, in addition to supporting the establishment of a DLT ecosystem in Baden-Württemberg as part of the blockLAB initiative. Within the context of product development for the tokenisation of industrial goods, the Tokenfabrik cooperates with leading companies in Baden-Württemberg.
For DPS, this participation represents a strategic building block for actively shaping the digitalisation of financial markets and contributing its existing expertise in the areas of clearing, settlement, custody and trade processing.
“We are happy to be working with dps as a co-investor in the Token Factory in the future. dps is an experienced company that is very well connected in the financial sector and combines a down-to-earth approach with an open attitude towards technological innovations. These characteristics make dps an optimal choice as an investor and companion for our start-up project.”
Just like with the start-up investment Bill.less this commitment was also made as part of the Start-up BW Pre-Seed Programme of the state of Baden-Württemberg with L-Bank as the main investor and the start-up accelerator, Pioniergeist, as the support partner.
