Blockenfy Don Plan Private Asset Tokenization for Midnight

The Argentine company’s hackathon prototype showed how an application could verify a user’s age and country while keeping the underlying personal data off the public ledger.

By SongMarketCap

Updated:

Midnight News - Blockenfy Don Plan Private Asset Tokenization for Midnight

The Midnight Foundation introduce Blockenfy as ecosystem partner on November 10 and explain work wey go bring private real-world asset tokenization come Midnight. The Argentine company dey build software for asset issuers. Dem start work with Midnight with one identity verification prototype wey win 2025 hackathon for Buenos Aires.

Where Privacy Take Enter Asset Offering

Blockenfy dey provide white-label platform wey allow issuers run tokenized offerings under their own brand. The platform cover several stages of offering, from how to structure the asset and issue tokens to how to manage investors. The Midnight Foundation mention real estate and energy projects as examples of assets wey the platform fit help issuers tokenize.

Before investor fit participate for one offering, issuer fit need verify say the person don reach minimum age or say the person dey live for permitted jurisdiction. Blockenfy prototype use zero-knowledge proofs to verify claims about age and country without putting the personal data behind those claims on-chain. For practical sense, this fit allow application check whether investor meet condition while e keep details like date of birth or address outside public record. Those checks cover one part of onboarding, and e fit still include identity verification and recordkeeping outside the blockchain.

How the Hackathon Work Enter Blockenfy Platform

Founder Joaquín Linares trace the idea to the identity checks wey asset issuers already dey do when dem dey onboard investors. The team build the prototype for Midnight August 2025 hackathon for Buenos Aires and later join the network Build Club program.

For March 2026, Linares talk say Blockenfy don add zero-knowledge proofs inside their own infrastructure, with the goal to protect investor data for real estate tokenization. That account describe work inside Blockenfy platform. The November announcement place that work inside the context of planned integration with Midnight.

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Where Midnight Fit Enter the Issuance Process

Investor onboarding give Midnight one specific role to explore. Application fit verify say person meet offering eligibility criteria before dem issue any tokens to am. To issue the tokens on Midnight or to check who fit receive them for later transfer go extend the integration into other stages of the offering.

The foundation announcement still leave the scope open. E no give launch date and e no mention any issuer for first Blockenfy offering on Midnight.