Overview

Issuing and managing financial products, whether traditional or blockchain-based, necessitates a comprehensive ecosystem involving various service providers. This ecosystem includes legal counsel to ensure compliance, distributors to facilitate the dissemination of securities, and asset servicers to manage the assets effectively. When tokenizing assets on the blockchain, the ecosystem may include different providers playing distinct roles, but the need for a robust infrastructure remains constant.

To successfully tokenize assets, it is crucial to have the right technology that can enforce compliance and manage permissions on DLT. Additionally, asset servicers who are adept at handling tokenized assets are essential. Distributors are also a vital component, ensuring that the tokenized assets reach the intended market. The benefits of blockchain technology become more pronounced when compliance rules can be automated, cash is represented on-chain for settlement, and distribution occurs across an interoperable network of distributors connected to the same blockchain infrastructure.

Standardized processes, technologies, and operations significantly simplify the tokenization process. This is where ERC-3643 and a global interoperable ecosystem come into play. By adopting these standards, one can save months or even years of development and setup time. This is because ERC-3643 provides a pre-defined and widely accepted framework that simplifies the process of tokenizing assets and integrating them into a blockchain ecosystem. Instead of having to develop custom solutions for each aspect of the tokenization process, companies can leverage the existing infrastructure and protocols established by ERC-3643.

Tokeny provides the APIs and GUI layers on top of the ERC-3643 smart contracts to facilitate interoperability with legacy and Web2 systems. This enables traditional financial institutions and other stakeholders to seamlessly interact with the decentralized ecosystem, reducing barriers to entry and enhancing operational efficiency. By offering user-friendly interfaces and robust integration capabilities, Tokeny ensures that both technical and non-technical users can manage and distribute tokenized assets effectively, bridging the gap between conventional and blockchain-based financial services.

Tokeny's onchain finance framework provides a replicable model that ensures instant interoperability with multiple blockchain networks, both public and private, as well as with various asset services, distributors, payment solutions, identity solutions, oracles and DeFi protocols. This seamless integration enhances efficiency and effectiveness, making the management and distribution of tokenized assets more streamlined and accessible.