Fluidity, creators of the AirSwap decentralized exchange protocol, announced that they have merged with Propellr, a tokenization company with integrated registered securities dealer to form a new company called Fluidity Factora.
Propellr is an end-to-end platform for creating, managing, and servicing digital assets with Propellr Securities, an integrated FINRA-registered broker dealer. The platform has placed more than $300 million since its founding.
“Factora and AirSwap are an excellent complement of independent platforms and are uniquely positioned as a full-stack solution to tokenize and trade real-world assets. We’re ready to incorporate AirSwap and blockchain technology into regulated capital markets transactions. We’re excited to help push the blockchain world forward into this new forefront by using the fundamental technology to revolutionize the industries that need it.”
– Michael Oved, co-creator of the AirSwap protocol
The deal is still subject to regulatory approval.