Diginex Rises on Deal With Digital Asset Platform Evident
By Elias SchisgallShares of Diginex rose after the company entered into a partnership with Evident Group to provide ESG metrics for Evident's tokenized assets platform.Diginex shares rose 8% to $14.71. The stock has risen sixteenfold year-to-date.Evident will integrate Diginex's data analysis tools, which provide metrics on sustainability, governance, and compliance, into its infrastructure for selling digitized assets.Diginex said the partnership would help meet demand for tokenized assets related to green infrastructure and renewables. The company said tokenized assets are projected to exceed $10 trillion by 2030, and that sustainability-linked securities are expected to grow 45% through 2028."Tokenization is transforming how sustainable assets are funded, but without robust ESG data, it's like navigating without a compass," Diginex Chief Executive Officer Mark Blick said.Florian Spiegl, Evident's CEO, said the company has seen "rapidly growing demand for verifiable impact data from both issuers and investors."The partnership "is critical for informed decisions of our investment partners and will support issuers in raising capital for projects that truly drive positive change," Spiegl added.Write to Elias Schisgall at [email protected]