Scintilla relaunches as a pioneer in digital asset solutions, expanding its role in the future of finance
Following a successful management buy-out by the leadership team at TOKO FZE, the business has relaunched as Scintilla, a cutting-edge platform delivering on-chain solutions and services that aim to make investments more inclusive, accessible, and efficient. Originally developed within DLA Piper’s Law& innovation portfolio, the former TOKO brand has evolved into Scintilla with a fresh identity, new leadership, and groundbreaking product offerings. Scintilla is spearheading a transformative shift in the financial landscape, leading the way with state-of-the-art solutions by leveraging blockchain technology across various asset classes. DLA Piper remains a minority shareholder and continues to support the platform’s development.
Regulated by Dubai’s Virtual Assets Regulatory Authority (VARA), Scintilla is one of the first companies in the digital asset space to receive a full market license. This achievement underscores Scintilla’s commitment to upholding the highest standards of regulatory compliance and security, pioneering institutional-grade tokenization with the potential to revolutionize how businesses globally unlock value from assets.
Innovating finance through tokenization
Scintilla offers a range of tokenization services that bring liquidity, transparency, and efficiency to traditional financial sectors. By enabling the tokenization of various financial products, real estate, and new legal funding instruments, Scintilla empowers investors to access previously untapped and illiquid asset classes, fostering inclusivity and transforming how the world invests.
Scintilla’s services include:
- Advisory services: The gateway to successful market entry. From initial opportunity assessment to strategic development of game-changing tokenization-based solutions.
- Use case development: Bringing products to life. From initial POC development and iteration towards MVP all the way through to the full market launch.
- Broker/dealer services: Creating new markets. Regulated primary market trading, ensuring the highest levels of trust and security within the tokenization space.
- Exchange services: Universal participation. Seamless, secure secondary trading of tokenized assets, with industry-leading technology and compliance standards.
By capitalizing on Dubai’s regulatory environment, advanced technology, and the rapidly growing real-world assets (RWA) market, Scintilla is uniquely positioned to drive the adoption of tokenization in the financial world.
A new era for Scintilla
“Our relaunch marks the beginning of an exciting new chapter for Scintilla and the wider industry. We are committed to pushing the boundaries of what is possible in digital finance while ensuring our solutions are underpinned by strong regulatory compliance,” said Tim Popplewell, CEO of Scintilla. “With our new suite of products and services, we are empowering investors to transform the way they manage and access value.”
Jean-Pierre Douglas-Henry, Managing Director, Sustainability and Resilience at DLA Piper, added: “Innovation is a key strand in our business strategy. As our business focuses on developing and nurturing innovations that add significant value to our clients through our Law& innovation program, it is fantastic to see this solution spun out into the thriving digital asset space for the next stage of its growth and development.”
Note: All regulated advisory, broker/dealer, and exchange services are currently carried out by TOKO FZE, a VARA-regulated body. (VARA License No. VL 23/07/002.)
About Scintilla
Scintilla is at the forefront of the digital asset revolution, creating new opportunities in the global marketplace. Born out of the global law firm DLA Piper, Scintilla is a digital asset creation platform that couples the compliance and regulatory rigor of a law firm with the innovative technology solutions of tomorrow. Fully regulated by Dubai’s Virtual Assets Regulatory Authority (VARA), Scintilla provides end-to-end virtual assets solutions, empowering asset owners, issuers, and investors to solve real-world problems and promote financial inclusion.
This press release was originally published by Scintilla and is reproduced here with permission.
