Blockenfy Plans Private Asset Tokenization on Midnight

The Midnight Foundation introduced Blockenfy as an ecosystem partner on November 10 and outlined work to bring private real-world asset tokenization to Midnight. The Argentine company builds software for asset issuers. Its work with Midnight began with an identity verification prototype that won a 2025 hackathon in Buenos Aires.

Where Privacy Fits Into an Asset Offering

Blockenfy provides a white-label platform that lets issuers run tokenized offerings under their own brand. The platform covers several stages of an offering, from structuring the asset and issuing tokens to managing investors. The Midnight Foundation cited real estate and energy projects as examples of assets the platform can help issuers tokenize.

Before an investor can participate in an offering, an issuer may need to verify that the person meets a minimum age or lives in a permitted jurisdiction. Blockenfy’s prototype used zero-knowledge proofs to verify claims about age and country without publishing the personal data behind those claims on-chain. In practice, that could let an application check whether an investor meets a condition while keeping details such as a date of birth or address outside the public record. Those checks cover one part of onboarding, which can also involve identity verification and recordkeeping outside the blockchain.

How the Hackathon Work Reached Blockenfy’s Platform

Founder Joaquín Linares traced the idea to the identity checks that asset issuers already carry out when onboarding investors. The team built the prototype for Midnight’s August 2025 hackathon in Buenos Aires and went on to participate in the network’s Build Club program.

In March 2026, Linares reported that Blockenfy had incorporated zero-knowledge proofs into its own infrastructure, with the goal of protecting investor data in real estate tokenization. That account describes work inside Blockenfy’s platform. The November announcement places that work in the context of a planned integration with Midnight.

[NEWSBREAK]

Where Midnight Could Fit Into the Issuance Process

Investor onboarding gives Midnight a specific role to explore. An application could verify that a person meets an offering’s eligibility criteria before any tokens are issued to them. Issuing the tokens on Midnight or checking who can receive them in a later transfer would extend the integration into other stages of the offering.

The foundation’s announcement leaves that scope open. It gives no launch date and names no issuer for a first Blockenfy offering on Midnight.