The Bahrain-regulated company leverages blockchain advancements to foster more inclusive, efficient, and transparent financial markets across the Middle East.
Dubai, UAE – 5 November 2024: ATME, the digital assets exchange licensed by the Central Bank of Bahrain (CBB), is advancing its mission to reimagine capital markets across the Middle East and beyond through its secure trading platform and comprehensive real-world asset (RWA) tokenization services.
Operating as a digital marketplace, ATME enables issuers to convert real-world assets—such as commodities, private equity, and real estate—into tokens stored on a private blockchain, facilitating trading within a regulated environment. Built to enhance inclusivity and efficiency within financial markets, ATME’s proprietary platform is designed to meet the diverse needs of both businesses seeking funding and investors exploring high-value alternative investments. By enabling fractional ownership of these high-value asset classes, ATME makes them accessible to a wider investor base, creating new avenues for efficient capital-raising.
Speaking at the media roundtable, Alex Lola, Chief Executive Officer of ATME, said, “Our platform is designed to give smaller businesses access to new capital-raising opportunities and help investors tap into asset classes that were previously out of their reach. We are creating a new way for businesses and investors to connect, building a financial ecosystem that offers inclusivity, security, and growth for all participants.”
Built on the enterprise-grade Hyperledger Fabric (HLF) framework, ATME’s proprietary platform ensures that every transaction is secure, transparent, and auditable. It integrates rigorous Know-Your-Customer (KYC) and Anti-Money Laundering (AML) protocols to limit access to permissioned participants only, safeguarding against bad actors and ensuring a compliant trading environment.
“Our goal is to become the region’s leading digital assets exchange,” Alex Lola added. “As progressive regional economies like Bahrain and the UAE advance through economic reforms and digitization, they are setting new standards for innovation in the financial sector. ATME’s platform fits well within this shift by offering businesses modern, compliant solutions to help them raise capital more seamlessly and provide investors with newer opportunities for diversification.”
In addition to the cutting-edge platform, the company provides advisory services throughout the issuance and tokenization lifecycle, guiding issuers through deal structuring, smart contract development, token minting, and distribution. This comprehensive approach ensures businesses can realize their growth ambitions while effectively navigating the regulatory intricacies.
As the global market for tokenized assets continues its growth to reach a predicted value of $2 trillion by 2030, ATME is well-positioned to play a pivotal role in the ongoing transformation of capital markets in the Middle East. By offering a harmonious blend of advanced technology, robust compliance, and thorough consulting services, the company remains committed to contributing to the region’s sustainable economic growth.