CoinList expands into tokenized asset distribution with ‘Passage’ as token sales slow
The Block
CoinList has launched a new platform called Passage to streamline the distribution and accessibility of tokenized real-world assets.Summary
CoinList is diversifying its operations by launching "Passage," a platform designed to serve as an orchestration layer for tokenized assets. As the traditional token sales market has slowed, CoinList aims to address the fragmentation in the tokenization sector by helping issuers distribute assets and platforms embed them into existing applications. By leveraging its established compliance and identity infrastructure, the company intends to facilitate easier access to onchain financial products like stocks and bonds, moving toward a more transparent and compliant ecosystem.
(Source：The Block)