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Enegra migrates digitized capital tokens from Ethereum to Polygon blockchain by Cointelegraph

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© Reuters

The Enegra Group, a Malaysian-based commodity trading company with a net asset value of $ 28 billion, has migrated its share-linked EGX security tokens to the Polygon (MATIC) blockchain (ETH). In 2019, Energra tokenized 100% of its assets, allowing shareholders to use their dividends, voting and governing rights digitally. They were initial tokenization and token migration facilitate Tokeny, a provider of asset tokenization and compliance infrastructure.

Matthew Averay, managing director and CEO of Enegra, said: