Stock Groups

Enegra migrates digitized equity tokens from Ethereum to Polygon blockchain -Breaking

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© Reuters.

Enegra Group is a Malaysia-based commodities trading company that has a net assets value of $28billion. Its equity-tied EGX security tokens have been migrated from the Polygon (MATIC blockchain) by (ETHIt is. Energra tokenized 100 percent of its equity in 2019, allowing shareholders to electronically exercise their voting, dividend and governance rights. Both initial tokenization as well as token migration took place. FacilitatedTokeny is an Asset Tokenization and Compliance Infrastructure Provider.

Matthew Averay is the managing director at Enegra and its CEO.