Misyon Bank Launches Tokenization Solution On Avalanche

Misyon Bank, a popular Turkish investment bank and one of the country’s first neobanks, launched a real-world asset tokenization platform on the Avalanche network.

Announced on June 5, Misyon Bank described the new platform as a “bank-secured end-to-end tokenization solution enabling institutions to tokenize and distribute assets to investors globally.”

Tokenization Platform is available to banks and investment companies, and supports the tokenization and fractionalization of bonds, funds, company shares, and real estate.

“Misyon Tokenization Platform will provide a global investor base with seamless access to a variety of underlying investments with just a few clicks,” said Önder Halisdemir, the CEO of Misyon Bank. “This solution is ready to be leveraged by any bank or investment institution.”

“Misyon Bank has developed a first-of-its-kind tokenization solution,” said Emin Gün Sirer, the founder and CEO of Ava Labs. “We are proud to support this project, allowing public and private institutions to meet global investor demands without compromising on security or compliance.”

The news comprises the latest example of the accelerating adoption of tokenized real-world assets from legacy financial institutions.

According to Rwa.xyz, the value of tokenized U.S. treasuries, bonds, and cash equivalents has tripled over the past 24 months, with more than $1.5 billion worth of assets currently on-chain.

Looking ahead, Misyon predicts the value of tokenized assets will exceed $1 trillion by 2030, adding that Tokenization Platform is well positioned to attract capital from global sources and drive significant growth for the Turkish economy.

Misyon Bank also announced that it is the first financial institution offering corporate Eurobonds and Turkish sovereign bonds to retail investors, which it offers via Tokenization Platform.

“By offering tokenized Eurobonds to individuals, the platform allows investors to diversify and protect their investments from currency depreciation while benefiting from the stability of Euro-denominated assets,” Misyon Bank said.

Taurus, a digital asset custodian, will provide custody services for Tokenization Platform users.

“Misyon Tokenization Platform ensures that all tokenized Eurobonds are secured at the highest level,” said Lamine Brahimi, the co-founder and managing partner of Taurus. “Taurus’ advanced custody technology provides robust protection [and] every interaction with Avalanche smart contracts also remains secure through our integrated asset servicing engine.”