In a rapidly evolving financial scene, Zoniqx stands at the forefront of innovation, transforming the way assets are managed and traded. Sanjeev Birari, Co-founder and Chief Business Officer of Zoniqx, recently shared insights into the company’s journey and its cutting-edge technique to asset tokenization in an interview with Ripple.

A Vision Realized: The Genesis of Zoniqx

Founded in 2017, Zoniqx has swiftly become a trailblazer in the tokenization space. "We started in 2017 and up till today, we have tokenized billions of dollars of assets," Sanjeev proudly shared. The company’s mission is clear: to provide a seamless, efficient platform for the tokenization of any asset class, be it commercial real estate, debt, equity, or even bank funds.

The Power of Tokenization

So, what exactly is tokenization? "Tokenization is nothing but converting the interest of any asset into a digital token," explained Sanjeev. This process involves placing an asset’s ownership interest on the blockchain, effectively digitizing it. Once on-chain, this ownership interest is divided into multiple tokens, which are then issued as securities. These securities are compliant with the regulations of the jurisdiction where the asset is located, ensuring a secure and lawful transaction process.

Speed and Flexibility: Zoniqx’s Unique Offering

One of Zoniqx’s standout features is its rapid deployment capability. "Any issuer who wants to tokenize any asset... can just take our infrastructure and in 48 hours they can be up and running to tokenize any asset class," Sanjeev highlighted. This remarkable speed, coupled with the platform’s flexibility to integrate with any blockchain, positions Zoniqx as a leader in the tokenization market.

The XRPL Advantage

Zoniqx leverages the strengths of the XRP Ledger (XRPL) ecosystem to enhance its offerings. Sanjeev emphasized XRPL's unique benefits: "XRPL is one of the best ecosystems in terms of the blockchain. The best example is their native token standards, the combination of compliant-focused regulatory standards." He also noted the significant liquidity provided by XRPL, driven by major banks already active within the ecosystem. This institutional support has significantly boosted adoption over the past six years, setting the stage for a bright future in the tokenization of real-world assets.

A Promising Future

As institutions increasingly embrace tokenization, Zoniqx is poised to lead the charge. "The adoption level has increased quite a lot... and I think we are at a point where most institutions have got into this space," Sanjeev observed. With its innovative platform, regulatory compliance, and robust blockchain integration, Zoniqx is set to redefine asset management and trading.

Embrace the Future with Zoniqx

Zoniqx invites you to be part of the future of asset management. Discover the transformative potential of asset tokenization and stay connected with us for the latest updates, insights, and opportunities in this dynamic field.

To learn more about how Zoniqx can help your organization unlock the potential of tokenized assets, or to discuss potential partnerships and collaborations, please visit our contact page.