Platonic and Several Leading Financial Organizations Team Up to Demonstrate Solutions to Bridge Gap Between TradFi and Digital Securities

• Global Digital Finance and FIX Trading Community announce work conducted by industry members to interconnect FIX to the FinP2P tokenization interoperability protocol.
• Results of this working group’s efforts presented in new white paper.

New York City, February 4, 2025 – Platonic, a blockchain infrastructure technology company, today announced its participation in a new white paper, “Connecting any FIX OMS to Tokenized Assets.” A collaboration between Global Digital Finance (GDF) and the FIX Trading community, the white paper included the support of a number of leading financial organizations and is published on the GDF website.

The GDF and FIX Trading Community working group brought together a diverse group of participants, including banks and financial institutions, technology providers, industry groups, associations, and advisors. In addition to Platonic, the group included Ownera, SEI, U.S. Bank and otcDigital. Deloitte & Touche LLP provided advisory services.

By leveraging the open-source FIX Trading Community and the FinP2P Tokenization interoperability protocol, Platonic focused on how to modernize existing financial infrastructure. The goal was to demonstrate the potential of integrating blockchain technology with traditional financial systems.

Platonic led a pilot project aimed at transforming the servicing and ownership of Private Credit Funds through blockchain technology. This initiative involved the deployment of Platonic’s private permissioned blockchain (Layer 1) to tokenize shares of a Private Credit Fund. The shares could be purchased seamlessly via FIX, with master records held privately on Platonic and tokens available to be distributed to a public blockchain wallet of investor choice. The pilot project was designed to offer clients a unique way to protect data privacy and share information selectively across asset servicers while issuing, managing, and distributing ownership in a Private Credit Fund.

The findings and recommendations outlined in the whitepaper provide a roadmap for future actions, ensuring that the financial industry can fully realize the benefits of integrating blockchain technology with traditional systems.

About Platonic

Platonic is at the forefront of the next generation of financial market infrastructure. Platonic’s permissioned Layer 1 blockchain linked to public chains ensures privacy, security, and business continuity, delivering enterprise-level performance. Platonic‘s vendor-agnostic approach empowers global financial institutions to participate in a digitized common market infrastructure on a decentralized platform. For more information, visit platonic.io.

Media contact:
Neal Stein
ZCorp PR
321.473.7407
neals@zcorppr.com