Cashlink & Crypto Risk Metrics cooperate on risk management of tokenized assets
Frankfurt, July 10th 2024 – In its recently published study, the Boston Consulting Group predicts that the share of tokenized assets could reach a volume of 16 trillion by 2030. In order to adequately map the associated risks and meet the corresponding regulatory requirements, the leading German crypto registry Cashlink and Crypto Risk Metrics, which specializes in the needs of regulated financial market participants, are now collaborating.
“We are seeing a great deal of interest in tokenized financial products,” says Michael Duttlinger, CEO of Cashlink Technologies GmbH. “At the same time, however, we are also confronted with many questions that arise in the context of an New-Product-Process, for example. By cooperating with the market leader for risk management in distributed systems and ESG data for blockchain-based assets, we can offer significant added value to potential investors.”
Tim Zölitz, CRO of Crypto Risk Metrics, adds: “The many advantages of tokenized assets definitely speak for a positive development. At the same time, as is always the case when new technologies emerge, new risk vectors arise that asset managers must manage accordingly in order to act in a regulatory compliant manner. We are very pleased to make the financial market a little bit safer with this cooperation.”
Source: Press release Crypto Risk Metrics
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