Shenzhen Xunce Technology Co., Ltd., a Chinese blockchain solutions provider, has announced a partnership with Lutech, an Italian IT services company, to enter the European market. The collaboration focuses on co-developing Token Factory, a platform for creating and managing digital tokens, and TokenOS, an operating system for tokenized assets.
According to the announcement, the partnership aims to leverage Lutech's expertise in digital transformation and Xunce's blockchain technology to offer tokenization services to European businesses. Token Factory is designed to simplify the issuance and management of tokens, while TokenOS provides a secure environment for token operations.
Financial terms of the agreement were not disclosed. The companies stated that the initiative targets industries such as finance, supply chain, and real estate, where tokenization can improve efficiency and transparency.
As of July 13, 2026, no further details on specific projects or timelines have been released. The partnership marks Xunce Technology's first major push into the European market.
