There’s a movement growing within the blockchain sector focused on the tokenization of real-world assets (RWAs). The RWA economy is on the rise with more platforms entering the market designed to cater to these services. The platforms listed today have carved out a niche within the RWA market. They serve vital roles in the industry ranging from L1 programmable blockchains, all the way to off-chain scaling solutions. Here are the top 10 Real World Asset tokenization platforms you need to know (in no particular order) to stay ahead of the trends.
What is Real-World Asset Tokenization?
Tokenization refers to the act of transferring an asset onto a blockchain. It’s common for digital art, music, and videos to get tokenized into NFTs which provide them with a unique blockchain address, making it possible to verify their authenticity. This added transparency, security, and trackability have led developers to seek out the same offerings for off-chain assets, leading to the RWA tokenization movement.
Real World Assets like real estate, luxury goods, fine art, and more can be tokenized, enabling them to enjoy the added benefits that blockchain integration brings. Today’s advanced tokenization protocols seek to streamline the conversion process, bridging the gap between the traditional and the decentralized economy.
InvestaX provides users with a one-stop shop to meet their tokenization needs. The firm operates as a permissionless asset tokenization solution. Users can create, convert, manage, and trade real-world assets and security tokens via the marketplace in a transparent manner.
InvestaX is fully licensed by the monetary authority of Singapore, enabling it to offer secure services as a financial advisor and service provider. This licensed tokenization SaaS (software as a service) provider offers comprehensive support, helping new users ensure their tokenized assets remain compliant. Notably, all participants undergo full KYC/AML onboarding as part of the compliance process.
Keenly, the network has an easy-to-navigate interface that has a plethora of customization features that streamline key tasks. Users can create, showcase, and trade their RWAs using a variety of options via the networks CEX, IX Exchange, or p2p trading (OTC) options. Additionally, the platform has major backing from some of the most recognized names in the industry.
Spydra is an enterprise-focused tokenization Dapp that continues to gain momentum. The protocol streamlines the tokenization process by enabling businesses to convert off-chain assets in minutes using their proprietary conversion tools. These tokens can include regulatory compliance built directly into the core coding.
The network offers a customizable token creation process that relies on modules to make the process as easy as possible for new users. Spydra tokenization can help to reduce fraud and counterfeiting in supply lines. The network’s open nature and transparency enable real-time tracking and verification of tokenized assets.
Spydra is developer-friendly and can connect to your favorite exchanges and Dapps using the network’s secure API. There are other helpful features like Fabric Debugger, GraphQL, and Listeners that make creating and sharing your RWAs with interested parties much easier. Notably, the project’s recent Zapier integration expanded the network’s reach to +5K apps.
TokenFi is a Floki Core team project that has seen considerable success. The platform represents a pivot by developers to integrate AI services within the tokenization sector. This maneuver makes perfect sense as it provides an easier way to tokenize assets via text prompts. AI LLM has streamlined communication and protocols like ChatGPT have made it easier to conduct complex tasks using text prompts.
Source – TokenFi
TokenFi users gain access to a variety of impressive tools including the ability to tokenize assets using text prompts. The complete elimination of coding from the tokenization process helps to drive adoption by removing technical roadblocks. Notably, the TokenFi tokenization module can convert non-securities into blockchain assets in minutes.
Those seeking to tokenize assets will need to use TOKEN to interact with the network’s features. The protocol tokenization model integrates Chain Link Proof-of-Reserves and cross-chain compatibility, further improving its capabilities. Notably, TokenFi users can also use the AI services to verify smart contact coding and much more. As such, TokenFi is a smart addition to your portfolio.
Mantra Chain entered the market in 2020 after securing +11M from seed investors. The platform gained traction quickly due to its unique features and integrations. Specifically, the network integrated the Inter-Blockchain Communication (IBC) Protocol which helped to drive liquidity by ensuring interoperability between networks.
Mantra Chain was built from the ground up to support the issuance and management of tokenized assets across the web3 market. The project includes a host of tools that make it ideal for this task. For example, you can scan for sanctions, monitor transactions, and build customized and fully compliant tokens in minutes using their proprietary infrastructure.
There are also other helpful options such as the risk assessment tool that enable users to get the most out of their real-world assets experience. Notably, Mantra Chain operates on the Cosmos Blockchain ecosystem which is one of the most vibrant and active today. As such, Mantra Chain continues to experience upgrades and innovations led by the community.
The Bixos Network combines tokenization processes with payment solutions to create a helpful all-in-one real-world assets-capable option. The network entered the market in 2020 and has grown its community size and features offered since its launch. Today, Bixos is well recognized as a pioneering effort.
Bixos Network users can easily bring RWA assets onto the network using the intuitive interface. This window provides direct access to everything you need to create NFTs, crypto payments, and join the community voting system. New users will appreciate the streamlined access to vital features and the project’s proven track record.
Users can convert nearly any asset into a blockchain token using Bixos’s services. The platform supports full integration into most popular networks, making it a great solution for those who require more flexibility out of their RWA option. Notably, Bixos Network has an active community and the project developers are active within the community.
RWA Inc. is another platform that was created specifically to cater to RWA users’ needs. The project is different from many competitors in that the development team has worked tirelessly to connect with other tokenization platforms. The goal of these efforts is to create a synergistic momentum that drives innovation while making competition helpful.
RWA Inc. is fully licensed out of the UAE, positioning it among one of the fastest-growing and active economies in the world. The project has managed to secure many high-level partnerships which has led to the tokenization of a selection of assets including homes, luxury items, and more.
RWA Inc. provides full support and consultation services geared towards enterprise and government-level clientele. The platform makes it easy to convert large ticket items by breaking them down into smaller fractional reserve tokens. Once broken down, these smaller assets can be traded, shared, or sold more easily.
Additionally, RWA Inc. has one of the most active social media presence on this list. The team can be found speaking at various conferences discussing how to expand the RWA economy. For these reasons, RWA Inc. is positioned for success as a premier tokenization option in the region.
The Plume Network is an L2 scaling solution that was created to help the RWA community meet the needs of this growing market. The protocol enables anyone to tokenize assets in minutes. Users can include vital compliance mechanisms in the token like KYC/AML verification, regional approval, and much more.
Plume Network users can tokenize real-world assets like cars, houses, and Veblen goods. They can also tokenize financial instruments like stocks, securities, and even equity. This flexibility makes the Plume Network an ideal solution for the decentralized economy moving forward. It also provides a reliable way to convert intellectual property and other items into tokens with ease. Additionally, the modular arrangement makes it easy for new users to ensure their tokens have all the features they require.
Notably, the Plume Network hosts airdrops and other events often. These events help to keep the community engaged and provide an easy way for users to secure additional tokens. Anyone can create easily trackable and fully transparent blockchain assets in minutes using Plume Network.
The Lyra Network combines a variety of features that allow you to take nearly any asset, bring it on the blockchain, and then trade it with interested parties. To accomplish this task, the Lyra Network integrates an exchange, marketplace, tokenization interface, and more.
Converting real-world assets is easy using Lyra Network. Notably, Lyra is one of the most scalable options on this list. The network enjoys high-performance thanks to the use of a DAG (decentralized, directed acyclic graph) structure. This structure connects all blocks together rather than using the traditional chain method found in most decentralized networks.
Lyra offers users access to some helpful futures that make it stand out. For one, merchants can integrate Lyra Network into popular POS systems with ease. Also, the network’s PoS consensus mechanism provides high performance and enables anyone to participate in the validation process, securing reward tokens for their efforts.
Ondo Finance leverages some innovative solutions to make the tokenization process more appealing. The network introduces a new stablecoin called USYD, which provides direct exposure to US treasury markets. This structure opens the door for more diversification.
Ondo Finance developers wanted to set the stage for the future digital economy. As part of this approach, they created a robust infrastructure that provides full transparency without sacrificing performance. Notably, Ondo Finance invests only in exclusive high-liquid funds via Blackrock and other industry leaders.
Ondo Finance is known for its commitment to security. The platform has taken all necessary steps to improve protections including keeping all funds in third-party licensed and qualified custodians. Additionally, multiple smart contract audits have been successfully completed ensuring proper coding.
Securitize is one of the oldest tokenization platforms in operation. It entered the market with the goal to cater to the growing security token industry. However, the RWA market quickly became a focus as it began to see fast-paced adoption and growing interest from institutional high-level investors.
Securitize offers everything needed to create RWA tokens or security tokens. The platform has earned a reputation as a reliable and fully compliant blockchain solutions provider. As such, it’s one of the most recognized projects on this list. Notably, one of the biggest maneuvers to take place in the tokenization sector just occurred this year when Blackrock partnered with the firm to launch a new fund and token.
As part of this maneuver, BlackRock made a strategic investment in Securitize. This turn of events represents the strong shift towards the tokenization of assets by traditional firms. In the future, more banks and funds will seek out tokenized assets to balance their portfolio.
Real World Assets Have New Home
The tokenization of RWAs makes perfect sense. These digital assets offer more security, and transparency, and can be traded globally. Additionally, they lower costs by integrating compliance requirements directly into the token. In the future, you can expect to see many systems convert to decentralized options using the tokenization process. For now, the RWA tokenization movement is in full swing.
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