OpenWorld and VerifyMe Merge to Focus on Asset Tokenization
- OpenWorld has completed its business combination with VerifyMe, trading on Nasdaq under the ticker OPNW from October 1.
- The company is led by digital-assets executive Matthew Shaw, focusing on institutional-grade tokenization of real-world assets.
- OpenWorld plans a dual listing on Figure OPEN, a blockchain-based trading platform, by November.
- Tokenization efforts aim to digitize real-world assets rather than launching a single token or consumer trading app.
OpenWorld’s entry into the public market through Nasdaq provides investors with an equity route into the expanding field of asset tokenization. With its focus on infrastructure for tokenized assets, OpenWorld aims to bridge traditional securities with blockchain settlements.
The successful merger marks the beginning of OpenWorld’s strategy execution in regulated tokenization products and attracting issuers and investors for real-world asset digitization. Source
