Data analytics firm Inveniam has acquired Swarm Markets, a platform specializing in on-chain asset tokenization. The financial terms of the deal were not disclosed. Philipp Pieper, co-founder of Swarm Markets, stated that the acquisition will provide scalable on-chain asset infrastructure for asset managers, private equity and credit institutions, custodians, and market makers. This move follows Inveniam's recent acquisition of decentralized cloud storage provider Stor in October.
Inveniam Acquires Swarm Markets to Enhance On-Chain Asset Infrastructure
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