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Enegra migrates digitized equity tokens from Ethereum to Polygon blockchain By Cointelegraph



© Reuters.

Enegra Group, a commodities buying and selling agency primarily based in Malaysia with a web asset worth of $28 billion, has migrated its equity-tied EGX safety tokens to the Polygon (MATIC) blockchain from (ETH). In 2019, Energra tokenized 100% of its fairness, enabling shareholders to digitally train their dividend, voting and governance rights. Each the preliminary tokenization and token migration had been facilitated by Tokeny, an asset tokenization and compliance infrastructure supplier.

Matthew Averay, managing director and CEO at Enegra, mentioned: