"Dusk, Cordial, NPEX Unveil Blockchain Stock Exchange for Europe"

Dusk, Cordial Systems, and NPEX have partnered to develop a blockchain-powered stock exchange, setting a new standard for digital asset custody and institutional finance in Europe. The collaboration integrates zero-trust custody for blockchain-powered market infrastructure, enabling both primary and secondary market trading, and unlocking new efficiencies and liquidity.

NPEX, a licensed stock exchange operating a multilateral trading facility (MTF) in the Netherlands, is integrating with the Dusk blockchain to facilitate the issuance, trading, and tokenization of regulated financial instruments. This integration is made possible by Cordial Systems' Cordial Treasury, a self-hosted wallet technology that enables financial institutions to maintain full control over their technology stack, ensuring regulatory compliance and operational security.

Cordial Systems, an established participant in the tokenization ecosystem, has worked alongside Figure Markets and its parent company, Figure.com, to originate $20 billion in private credit on-chain. For NPEX, Cordial Treasury was a strategic choice, providing seamless deployment and comprehensive on-premise functionality. Cordial Systems' CEO, Nicolas Stalder, expressed excitement about supporting this milestone in bringing tokenized financial instruments to European markets.

Dusk is proud to announce the launch of Dusk Vault, the first digital asset custody service with multiple licensed financial institutions, including European banks, centralized crypto exchanges, and NPEX as a traditional exchange, participating as infrastructure partners and clients. This new service will provide unparalleled security, compliance, and decentralization, ensuring seamless institutional onboarding. Dusk CEO Emanuele Francioni emphasized the importance of partnering with high-caliber companies like Cordial Systems to drive innovation and bridge the gap between traditional finance and DLTs.

As financial institutions integrate blockchain technology, NPEX, Cordial Systems, and Dusk are positioned to support the growth of regulated digital asset markets. Dusk is the privacy blockchain for financial applications, enabling enterprises to collaborate at scale while meeting compliance requirements and ensuring data confidentiality. NPEX offers a regulated platform for the financing of European SMEs and for trading in securities, investment funds, and eventually large caps and digital assets. Cordial Systems gives users full control over their digital asset custody, ensuring security, resilience, and regulatory compliance without vendor reliance.