Sologenic
- Company typePrivate
- Founded2019
- HeadquartersDubai, United Arab Emirates
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
Sologenic firmographics
Firmographics- Name
- Sologenic
- Legal name
- tx.org
- Website
- https://sologenic.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Acquired
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Sologenic industry classification
Industry- Product category
- Blockchain-based Real-World Asset Tokenization
- NAICS
- Securities and Commodity Exchanges (52321), Securities and Commodity Exchanges (5232), Other Financial Vehicles (52599), Software Publishers (5132)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Security Brokers, Dealers & Flotation Companies (6211), Finance Services (6199)
- akta.pro primary industry
- RWA Tokenization Platforms (asset onboarding, structuring, issuance) (FSAPAIAC)
- akta.pro secondary industries
- Tokenized Securities & Capital Markets Infrastructure (equities, bonds, funds, ATS/MTF connectivity) (FSAPAIAD), Interoperability & Integration Middleware (ERP/core banking connectors, messaging, APIs, cross-chain to permissioned) (FSAPAIAL), Transfer Agent, Cap Table & Token Lifecycle Management (registrar, corporate actions, burns/mints) (FSAPAIAF)
Keywords
Where Sologenic is headquartered
LocationHeadquarters
- HQ city
- Dubai
- HQ country
- United Arab Emirates
- HQ region
- Middle East
Offices1 record
Markets served
Sologenic business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Marketing or Sales, Operations
Revenue model
- Tokenization Infrastructure Services: Platform fees and infrastructure charges for issuers seeking to tokenize real-world assets including stocks, ETFs, real estate, commodities, and private credit.
- Marketplace Trading Fees: Transaction fees and trading commissions from secondary market trading of tokenized assets on tx.market platform.
- RWA Issuance Platform: Platform services for issuers across verticals including energy, real estate, sports, and collectibles through signed MOUs with multiple RWA issuers.
Go-to-market motion3 records
Distribution channels4 records
Marketing channels4 records
Sologenic product offering
Product offeringCore offering
Sologenic (now operating as "tx" after its merger with Coreum) provides a unified blockchain-based tokenization and trading platform on the XRP Ledger for real-world assets (RWAs). Its core offerings enable institutional issuers to tokenize and list assets such as U.S. stocks, ETFs, real estate, commodities, private credit, and collectibles, and enable secondary trading on the tx.market marketplace, with the $TX utility token powering protocol-level settlement and staking.
Product overview
Sologenic has evolved into tx, a unified operating system and marketplace for tokenized real-world assets (RWAs), combining its original Sologenic infrastructure with Coreum blockchain technology into a single platform. The product portfolio centers on tx.market as the primary marketplace for trading tokenized assets (stocks, ETFs, real estate, commodities, private credit, collectibles), tx.org as the issuance platform for asset owners to tokenize RWAs, the $TX utility token as the unified protocol token with proof-of-stake emissions, and a legacy NFT marketplace on the XRP Ledger. Built in the U.S. with regulatory compliance focus through partnerships with SEC-registered broker-dealers.
Differentiator
Problem solved
Functional benefit
Products and services
- tx RWA Tokenization Platform Unified operating system and marketplace for tokenized real-world assets combining Sologenic and Coreum blockchain infrastructure into a single platform. Built in the U.S. for institutional RWA markets, offering tokenized U.S. stocks, ETFs, real estate, commodities, private credit, and collectibles.
- tx.market Marketplace Core marketplace platform enabling secondary trading of tokenized real-world assets including U.S. stocks, ETFs, real estate, commodities, private credit, and collectibles. Partners with Texture Capital for compliant tokenized securities offerings.
- tx.org Issuer Platform Enterprise platform for institutional issuers to issue tokenized real-world assets on tx infrastructure, enabling asset owners and companies to tokenize securities and RWAs with compliance and infrastructure support.
- $TX Utility Token Unified utility token of the tx protocol, created from the conversion of SOLO and COREUM tokens following the Sologenic-Coreum merger. Powers settlement, staking, and Proof of Support Emissions for network security and long-term protocol participation.
- NFT Marketplace on XRP Ledger NFT marketplace built on the XRP Ledger supporting the XLS-20d NFT standard. Enables digital artists, collectors, and content creators to mint, trade, and collect NFTs within the XRP Ledger ecosystem.
Quantifiable outcome
- Community approval rate of 87.22% for merger
Companies that use Sologenic
Customer profileNamed customers8 records
Segments3 records
Ideal customer profiles3 records
Sologenic technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Sologenic partnerships and signals
Strategic signalPartnerships
13 partnerships are on record, tiered core and flagship.
- Texture CapitalcoreSEC-registered broker-dealer partnership for offering tokenized U.S. stocks and ETFs alongside other RWAs including real estate, commodities, and private credit. Texture Capital provides regulatory framework and compliance infrastructure for securities tokenization.
- FireblockscoreStrategic infrastructure partner providing enterprise-grade digital asset custody and payment infrastructure for tx platform's tokenized asset operations.
- BitGocoreStrategic infrastructure partner providing secure custody solutions and trading infrastructure for tokenized real-world assets on the platform.
- KrakencoreStrategic infrastructure partner providing exchange services and liquidity for tokenized asset trading within the tx ecosystem.
- CroptoflagshipRWA issuer partner signed via MOU for tokenizing assets on the tx platform, representing diverse asset verticals within the ecosystem.
- Tokenized EnergyflagshipRWA issuer partner signed via MOU for tokenizing energy assets on the tx platform, supporting sustainability and energy transition investments.
- ReboostflagshipRWA issuer partner signed via MOU for tokenizing assets on the tx platform, contributing to the cross-sector issuance venue.
- BinaryXflagshipRWA issuer partner signed via MOU for tokenizing gaming and digital assets on the tx platform.
- TheCarCrowdflagshipRWA issuer partner signed via MOU for tokenizing real estate assets on the tx platform.
- XII CapitalflagshipRWA issuer partner signed via MOU for tokenizing assets on the tx platform, contributing to the diversified asset ecosystem.
- LympidflagshipRWA issuer partner signed via MOU for tokenizing assets on the tx platform.
- CoreumflagshipMerger partner combining Sologenic and Coreum into unified $TX token protocol with Token Generation Event on March 6, 2026. Conversion ratios fixed at 1:1 for Coreum and 1:2.345422 for SOLO based on February 4, 2026 snapshot.
- GRADE AllianceflagshipGlobal Regulated Asset & Digital Exchange Alliance launched by multiple digital asset venues to harmonize cross-jurisdiction listings for tokenized securities, standardize information flows, and streamline processes across venues.
Scale indicators5 records
Recent moves8 records
Expansion highlights6 records
Sologenic competitors and assessment
Company assessmentDirect peers
- Securitize: Securitize is a leading RWA tokenization platform offering issuance, compliance, and secondary trading infrastructure for tokenized securities, directly competing with tx.market for institutional issuer mandates.
- Ondo Finance: Ondo Finance tokenizes U.S. Treasuries and other yield-bearing RWAs, competing in the same RWA-on-blockchain space with institutional-grade products and is one of the most capitalized players in the sector.
- Centrifuge: Centrifuge is an RWA tokenization protocol focused on tokenizing invoices, receivables, and private credit, competing directly with tx's private credit tokenization offering on a similar institutional infrastructure thesis.
- tZERO: tZERO operates a regulated ATS for trading tokenized securities and private company shares, making it a directly comparable marketplace venue to tx.market for tokenized equities and private assets.
- Tokeny: Tokeny provides enterprise-grade infrastructure for issuing, managing, and transferring tokenized securities with built-in compliance, directly competing with tx.org on the issuer onboarding and lifecycle management layer.
- Maple Finance: Maple Finance tokenizes private credit and undercollateralized lending, overlapping with tx's private credit tokenization vertical and competing for institutional lenders and borrowers.
- RealT: RealT tokenizes fractional ownership in U.S. rental real estate, competing with tx's real estate tokenization vertical on a similar fractional-ownership, compliant-distribution model.
Emerging players
- Polymath: Polymath provides a tokenization platform specifically for security tokens with compliance features, overlapping with tx's regulated securities offering though with a smaller active issuer base.
- Polymesh: Polymesh is a purpose-built blockchain for regulated securities and tokenized RWAs, offering similar institutional compliance primitives that compete with tx's XRP Ledger-based infrastructure.
Others
- Fireblocks (institutional customer overlap): Fireblocks is both a tx partner (custody infrastructure) and an adjacent ecosystem participant; it enables institutional digital asset custody for many of the same RWA issuers that tx targets.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights5 records
Customer concentration
Sologenic social profiles
Digital presenceSologenic financial estimates
Financial estimateRevenue estimate
Valuation estimate
Sologenic leadership team
Management profileNumber of profiles
Profiles1 record
Sologenic funding detail
Funding detailFunding overview
Funding rounds2 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Sologenic M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Sologenic
What does Sologenic do?
Sologenic (now operating as "tx" after its merger with Coreum) provides a unified blockchain-based tokenization and trading platform on the XRP Ledger for real-world assets (RWAs). Its core offerings enable institutional issuers to tokenize and list assets such as U.S. stocks, ETFs, real estate, commodities, private credit, and collectibles, and enable secondary trading on the tx.market marketplace, with the $TX utility token powering protocol-level settlement and staking.
Is Sologenic a public or private company?
Sologenic is a private company. It is classified as venture growth investor backed and is currently acquired.
When was Sologenic founded?
Sologenic was founded in 2019. It employs 11 to 50 people.
Where is Sologenic based?
Sologenic is headquartered in Dubai, United Arab Emirates, in the Middle East region.
How does Sologenic make money?
Three revenue lines are on record. Tokenization Infrastructure Services are the primary driver. The others are marketplace Trading Fees and RWA Issuance Platform.
Who are Sologenic's main competitors?
Direct peers on record are Securitize, Ondo Finance, Centrifuge, tZERO, Tokeny, Maple Finance and RealT. Emerging players are Polymath and Polymesh. Fireblocks (institutional customer overlap) is listed as an others.
Does Sologenic have an API?
No public API is recorded for Sologenic.
What industry is Sologenic in?
Sologenic's product category is Blockchain-based Real-World Asset Tokenization. Its primary akta.pro industry code is FSAPAIAC, RWA Tokenization Platforms (asset onboarding, structuring, issuance), with a secondary code of FSAPAIAD, Tokenized Securities & Capital Markets Infrastructure (equities, bonds, funds, ATS/MTF connectivity). Its NAICS code is 52321 and its SIC code is 6200.