CoreNest Capital Partners with Texture Capital to Launch ‘SoloTex’ Tokenized Securities Platform

New York, NY, Nov. 21, 2024 – CoreNest Capital, a leading venture capital firm, has made a strategic investment in Texture Capital Holdings to launch a groundbreaking platform, SoloTex, designed to facilitate the trading of tokenized real-world assets (RWAs). Pending regulatory approval, the platform aims to bridge the gap between traditional financial markets and the burgeoning world of digital asset securities, providing both institutional and individual investors with seamless access to tokenized securities.

SoloTex will integrate technology and expertise in asset tokenization, combining CoreNest Capital's partner companies Sologenic and Coreum with Texture Capital’s established presence as a FINRA Member and SEC-registered broker-dealer for digital asset securities. With Texture Capital’s Alternative Trading System (ATS) infrastructure and Transfer Agent capabilities, the platform will offer an end-to-end solution for the tokenization and trading of securities, while ensuring compliance with the complex and evolving U.S. regulatory framework.

“Sologenic’s deep expertise in product development and asset tokenization, paired with CoreNest Capital’s strategic vision, will drive our mission to revolutionize capital markets,” said Richard Johnson, CEO of Texture Capital. “Together, we aim to tokenize real-world assets using blockchain, delivering the benefits of decentralized finance (DeFi) to traditional markets and empowering a new era of financial accessibility.”

Revolutionizing Capital Markets with Blockchain Technology

Through its investment and technological contributions, CoreNest Capital will play a pivotal role in enabling Texture Capital to spearhead the tokenization of real-world assets, transforming traditional capital markets into a more efficient, transparent, and globally accessible ecosystem. By leveraging Sologenic’s blockchain infrastructure, known for its superior security and user-friendly design, the partnership will provide the necessary foundation to tokenize and trade assets with the utmost precision and reliability.

“Innovation is the driving force in the ever-evolving financial landscape,” said Bob Ras, General Partner & Co-Founder of CoreNest Capital. “This partnership is about more than launching a platform. It’s about laying the groundwork for a new generation of asset management applications, investment strategies, and market solutions that prioritize transparency, security, and innovation.”

SoloTex: A New Era for Tokenized Securities

SoloTex will offer a comprehensive solution for the issuance, tokenization, and secondary market trading of digital securities. By merging the power of blockchain with the structure of traditional finance, SoloTex will empower institutions and individuals to engage with tokenized assets like never before. The platform is designed to simplify the trading process while ensuring compliance, security, and transparency.

Early Access and Waitlist

In preparation for its official launch, SoloTex has created a waitlist for early access. This will allow users to join the platform ahead of regulatory submission, enabling them to be among the first to experience the benefits of tokenized securities. Interested parties can join the waitlist at www.solotex.com.

About Texture Capital Holdings

Texture Capital Holdings is the parent company of Texture Capital Inc., a FINRA-member broker-dealer specializing in digital asset securities, and Texture Transfer Services LLC, an SEC-registered Transfer Agent. The company’s mission is to empower clients to compliantly issue tokens that represent equity, debt, royalties, revenue shares, or other investment contracts. By harnessing blockchain technology and smart contracts, Texture Capital is transforming the traditional capital markets, offering cutting-edge tools for token issuance, tokenization, and secondary trading via its Alternative Trading System (ATS).

About CoreNest Capital

CoreNest Capital is a venture capital firm focused on emerging technologies, including AI, robotics, fintech, and medtech. CoreNest invests in and nurtures high-potential startups that are shaping the future of their respective industries, providing them with the capital and expertise needed to drive innovation.

About Sologenic

Founded in 2020, Sologenic is a pioneer in asset tokenization, offering innovative solutions for both institutional and retail markets. Its advanced blockchain infrastructure supports the creation and trading of blockchain-native assets, stablecoins, and tokenized securities, bridging the gap between traditional finance and blockchain space.

About Coreum

Coreum is a third-generation, ISO20022-compliant layer-1 blockchain designed for enterprises of all sizes. As an Enterprise-Grade Blockchain (EGB), Coreum introduces enhanced programmability through ‘Smart Tokens’, enabling diverse use cases such as tokenized real-world assets (RWAs) and neobanking applications. Coreum’s robust infrastructure is pivotal in supporting the growth of SoloTex and other blockchain-driven financial platforms.