Company bio
Tokeny, part of Apex Group, is a leading institutional onchain operating system for financial institutions to compliantly issue, manage, and distribute blockchain-based assets. Their ERC-3643 standard is widely used across regulated digital asset platforms and is designed specifically for real-world assets.
They work with financial institutions building infrastructure for compliant issuance, transfer, and lifecycle management of tokenised assets.

Challenge
Institutions exploring tokenised assets face a well-known barrier:
- Balances are visible on public networks
- Transfers reveal transaction amounts
- Wallet activity can be linked and analysed
For regulated financial assets, this is a critical blocker. Certain information must remain confidential to meet compliance obligations and protect sensitive commercial data.
Solution
Tokeny is testing the Silent Data privacy network on testnet. Silent Data allows ERC-3643 assets to be issued and transferred privately, while remaining fully interoperable with Ethereum and the broader ecosystem.
Silent Data provides:
Programmable Privacy
Fine-grained control over what is visible:
- Keep balances private
- Keep transfer values private
- Allow only regulators or authorised parties to view proofs
Ethereum Interoperability
Silent Data is the first privacy-focused Layer 2 in the Ethereum Superchain, ensuring compatibility with:
- Existing ERC standards
- Tokeny’s ERC-3643
- Tooling and applications already used by institutions
Regulatory Alignment
Institutions can enforce compliance requirements while protecting commercially sensitive data, a core need highlighted by Tokeny in their announcement.

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