Passionate about change. Passionate about our customers.

Tokenovate is a financial services technology company providing distributed financial market infrastructure, including tokenisation and blockchain-powered smart contracts, enabling post-trade lifecycle event management of workflows for OTC and exchange traded derivatives. We are driven on delivering solutions that solve hard problems.

Our Story

We're a young company, with a long story. Get to know Tokenovate and our journey from inception to innovation.

It all started a long time ago… Almost 20 years ago in fact, Tokenovate’s founder Richard Baker and co-founder Gerard Banaszkiewicz worked together in the telecoms market. Even though they eventually pursued different professional paths, they always remained in touch.

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Richard Baker

Founder & CEO at Tokenovate

In 2010, Richard created the Cleartrade Exchange, a regulated futures market offering a global electronic market platform for commodities. In 2016, Cleartrade was acquired by the European Energy Exchange AG, a Deutsche Börse Group Company, and Richard ventured out into new adventures. But he never completely lost touch with the derivatives market.

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Richard Baker

Founder & CEO at Tokenovate

At the same time, Gerard was running his own company, being operationally responsible for multi-billion pound projects across multiple markets, with customers including Royal Bank of Scotland, HMRC, Vodafone and BP (to name just a few).

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Richard Baker

Founder & CEO at Tokenovate

For the last few years, ISDAⓇ has embarked on an ambitious project to standardise, digitise and automate how derivatives are traded and managed across the trade lifecycle. The ISDA Common Domain Model (CDM) was born.

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Richard Baker

Founder & CEO at Tokenovate

So when Richard and Gerard came together again in 2021, they realised that these two parallel developments had opened up an opportunity to solve a problem they both felt passionate about: to improve operational efficiency for the derivatives market. The idea behind Tokenovate was born.

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Richard Baker

Founder & CEO at Tokenovate
Blog

Insights, ideas and opinions

Read what the team at Tokenovate is researching, reading about and discussing at work.
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Building the M2M-based Internet of Value
Our first day at the London Blockchain Conference ended on a high with an excellent panel discussion on “Building the Machine-to-Machine based “Internet of Value” moderated by our founder and CEO Richard Baker. A fascinating discussion with Patrik Gustafsson, Volvo Cars, Dr. Owen Vaughan, nChain and Professor Adam Feiler, Minima, traversed the new 3.0 world…
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Tokenovate collaborates with Land Carbon
London, May 21, 2024. Tokenovate, a trading lifecycle management platform company, announces its collaboration with Land Carbon, a UK developer representing multiple peatland carbon management project owners. This project exemplifies Tokenovate's strategic focus on the carbon credit space with respect to streamlining and optimising the end-to-end carbon credit transaction lifecycle, including asset creation, tokenisation, custody…
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Grow London Global
We are delighted to announce that Tokenovate has been accepted onto London & Partners’ Grow London Global programme, supported by the Mayor of London and the UKSPF. The kick off for "Cohort 4 for Fintech and Enterprise" happens on May 21, and the programme runs for the next 12 months. Needless to say, we are…
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