Institutions and developers can now benefit from on-chain asset lifecycle management
Hedera Asset Tokenization Studio—an open-source toolkit for the configuration, issuance, and management of tokenized bonds and equities on the Hedera network—has launched.
Unlike the basic ERC-1400 standard for security tokens that requires management of key asset details off-chain—thereby adding a level of increased risk—the Hedera Asset Tokenization Studio keeps the entire process on-chain. The studio offers a full suite of turnkey features, including bond coupons, stock dividends, whitelisting, and compliance with jurisdiction-specific regulations, ensuring that all asset details are securely managed entirely on-chain.
This joint initiative by the Hedera ecosystem, led by partners The HBAR Foundation, Hashgraph, RedSwan, and ioBuilders, enables the seamless issuance and management of tokenized bonds and equities on the Hedera network. With an easy-to-use toolkit for testing and development, Hedera Tokenization Studio caters to financial institutions, enterprise issuers, and asset tokenization platforms. While overcoming technical and compliance challenges, the studio leverages Hedera’s security and reliability to support a variety of assets, including customizable bonds. It also includes built-in support for U.S. SEC regulations (D and S), providing users with the flexibility to comply with their specific regulatory needs.
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Dr. Sabrina Tachdjian, Head of Fintech and Payments at the HBAR Foundation, said: “By lowering technical barriers to the tokenization of bonds and equities, along with the recording of their underlying data on ledger, the Asset Tokenization Studio will contribute to the growth of Hedera’s RWA ecosystem and facilitate the on-chain migration of capital markets with a focus on compliance. The goal of the Asset Tokenization Studio is to empower issuers and issuance platforms with an open-source, pre-audited toolkit, to accelerate their product development on Hedera. This initial release is a starting point as the Asset Tokenization Studio will grow to reflect the demand for additional features, asset classes, and jurisdictions.”
Asset Tokenization Studio provides two accessible options: a WebUI for testing and a TypeScript SDK for deployment. Both tools are open-source under an Apache 2.0 license, with the code to be publicly available on GitHub. The SDK’s transparent user interface supports a full range of token operations such as minting, transferring, and redeeming tokens, and it includes MetaMask and Hedera WalletConnect native wallet compatibility for transaction signing.
Edward Nwokedi from RedSwan commented: “The Asset Tokenization Studio is the result of months of development, fine-tuning, and critical examination of existing hindrances to commercial tokenized real-world asset adoption, such as the limitations with ERC-1400. Each aspect of this toolkit has been built with the modern user in mind, providing a seamless point of entry into the tokenized market, with forward compliance at its core. We’re looking forward to seeing the impact this toolkit has on tokenization adoption, and how it contributes to the growth and maturity of this growing market.”
Carlos Matilla, CEO of ioBuilders, emphasized: “The Asset Tokenization Studio accelerates the adoption of DLT by providing open-source tools that standardize the management of digital assets within a regulated framework. This innovation covers the entire lifecycle and servicing needs of tokenized instruments, making it a valuable resource for asset managers, issuers, broker-dealers, transfer agents, custodians, CSDs, investors, and regulators alike.“
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