Amsterdam, The Netherlands, February 27th, 2025,
Chainwire
Dusk, NPEX, and Cordial Systems are partnering to develop a
blockchain-powered stock exchange, setting a new standard for
digital asset custody and institutional finance in Europe.
NPEX, Dusk, and Cordial Systems: Pioneering
Blockchain-Powered Trading
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 enables both
primary and secondary market trading, unlocking new efficiencies
and liquidity.
Mark van der Plas, NPEX CEO shared “Working with
Cordial Systems is great for all of us. Partners like Cordial make
it possible for us to integrate DLTs, provide classic assets
on-chain, and drive innovation in a highly regulated
sector”.
To facilitate seamless post-trade processes, NPEX will leverage
Cordial Systems’ Cordial Treasury, a self-hosted
wallet technology that enables financial institutions to maintain
full control over their technology stack. By avoiding reliance on
black-box SaaS solutions, NPEX ensures regulatory compliance and
operational security. Additionally, Cordial’s rapid blockchain
integration capabilities enabled a smooth connection with the
approved Dusk Layer 1 blockchain.
Cordial Systems: A Proven Leader in
Tokenization
Cordial Systems is an established participant in the
tokenization ecosystem, working alongside Figure Markets and its
parent company, Figure.com, which has originated $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, said “Regulated
financial institutions require full control over their digital
asset custody, and NPEX’s adoption of Cordial Treasury showcases
how a self-hosted, on-premise digital asset custody solution can
seamlessly support blockchain-powered market infrastructure. We’re
excited to support this milestone in bringing tokenized financial
instruments to European markets.”
This partnership also benefits Cordial’s existing client base,
who now gain access to hold and transfer assets on the Dusk
network.
Dusk Unveils Decentralized Institution-Grade
Custody
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.
Emanuele Francioni, Dusk CEO added "We are thrilled to
join forces with Cordial Systems. A blockchain-powered financial
system requires partners of the highest caliber, and through their
custody solution we are able to serve clients, drive innovation,
and bridge the gap between traditional finance and
DLTs”.
Expanding its capabilities, Dusk will also introduce
custody for all digital assets, covering both
cryptocurrencies and tokenized securities and commodities. This
innovation will significantly simplify the onboarding of Dusk
assets onto both crypto-native and regulated exchanges, including
the DUSK token itself and Zedger.
A New Era for On-Chain Finance
On-chain financing continues to expand in 2025, driven by the
increasing adoption of tokenized money market funds and
stablecoins. As financial institutions integrate blockchain
technology, NPEX, Cordial Systems, and Dusk are
positioned to support the growth of regulated digital asset
markets.
About Dusk
Dusk is the privacy blockchain for financial
applications. A new standard for compliance, control, and
collaboration. Their mission is to enable enterprises of any size
to collaborate at scale, meet compliance requirements, and ensure
that personal and transaction data remains confidential. Users can
visit dusk.network to learn more.
About NPEX
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.
About Cordial Systems
Cordial Systems gives users full control over
their digital asset custody. Their on-premise, MPC-powered solution
is built on zero-trust security, allowing users to store, stake,
and manage digital assets across 45+ blockchains while ensuring
security, resilience, and regulatory compliance—without vendor
reliance. Users can learn more at CordialSystems.com.
Contact
CMO
Emanuele
Carboni
Dusk
carboni@dusk.network
