Top 15 Asset Tokenization Platforms and Companies (2026)

Asset tokenization platforms turn ownership of a real-world asset, such as a fund share, a bond, a private credit note or a building, into a token on a blockchain. The platform handles issuance, investor onboarding and KYC, transfer rules that keep the token compliant, cap table records and, increasingly, distribution and secondary trading. Asset managers, banks, real estate sponsors, private credit funds and fintechs buy these products when they want to issue tokenized securities without writing smart contracts and compliance logic themselves.

This list covers vendors whose own websites sell tokenization software or infrastructure for real-world assets (RWAs). It does not cover development agencies that build tokenization projects to order. Itexus, which publishes this page, is a custom software developer: it does not sell any of these products and has no partnership with any vendor listed. Every vendor fact comes from that vendor's own website, checked in November 2026.

How Itexus Can Help

Itexus is a custom software developer, not a vendor of tokenization platforms. Its 150+ engineers have delivered 300+ fintech projects for 250+ clients in 23 countries, including 120+ integrations for neobanks, payment providers, robo-advisors and trading systems.

• Integration. We connect the chosen tokenization platform's APIs to investor portals, CRM, payment gateways, core and back-office systems, and build custom connectors or middleware where an older system has no API.
• Custom modules. We build the investor dashboards, reporting and internal workflows a platform does not cover.
• Custom builds. When no product fits the asset, the jurisdiction or the distribution model, we build the software to order.

Comparison Table

Vendor	Best for	Deployment	Headquarters
Tokeny	ERC-3643 issuance for financial institutions	No-code platform or APIs, EVM chains	Luxembourg
Zoniqx	Issuance plus distribution to wealth channels	API and SDK, embedded	Not stated
Brickken	SMEs and asset managers wanting SaaS or white-label	SaaS, white-label, API	Not stated
DigiShares	White-label platform with published prices	Managed hosting, white-label	Not stated (Miami contact address)
Bitbond	Banks and corporates issuing on many chains	Hosted tools, 11+ public chains plus permissioned	Berlin, Germany
Stobox	Companies raising capital through tokenized shares	Hosted, issuance on Base	United States
Tokensoft	US Reg D, Reg S and Reg A+ token offerings	White-label, non-custodial	Not stated
Securitize	Institutional asset managers issuing and trading digital securities	Not stated	Not stated
Centrifuge	Tokenized funds that need DeFi liquidity	Not stated	Not stated
Fireblocks	Institutions that already use Fireblocks custody	Platform and APIs, 35+ chains	Not stated
Taurus	Banks that need on-premises tokenization and custody	Managed, on-premises or hybrid	Switzerland
Kaleido	Tokenized deposits, bonds and market infrastructure	Kaleido-hosted or customer cloud	Raleigh, North Carolina, USA
InvestaX	Issuing and trading on a licensed Singapore venue	Hosted licensed venue	Singapore
ADDX	Distributing private-market products to Singapore investors	Hosted licensed venue	Singapore
KAIO	Tokenized access to institutional funds	Hosted, several public chains	Not stated

How Asset Tokenization Platforms Differ

The products on this list solve different parts of the same job, and most buyers end up combining two or three of them.

Issuance and lifecycle software (Tokeny, Zoniqx, Brickken, DigiShares, Bitbond, Stobox, Tokensoft, Securitize, Centrifuge) creates the token, enforces who may hold and transfer it, onboards investors through KYC and keeps the cap table. The main differences are the token standard (ERC-3643, ERC-1400, ERC-1404, ERC-7518, ERC-7943), the choice between a no-code issuer console and a bare API, and white-label options for the investor portal.

Institutional infrastructure (Fireblocks, Taurus, Kaleido) is bought by banks and market operators that need custody, key management, policy controls and connectivity to other institutions, with tokenization as one module. These vendors talk about tokenized deposits, money market funds and bonds more than about real estate deals.

Licensed venues and fund distributors (InvestaX, ADDX, KAIO) add the regulated part: dealing in securities and running a market where tokens can trade after issuance. Software alone does not give an issuer a licence. In most jurisdictions a tokenized security still needs a licensed broker, transfer agent or trading venue somewhere in the chain, and several issuance vendors solve this through partners.

Build versus buy usually comes down to the asset and the distribution model. A standard fund or real estate offering fits an off-the-shelf platform. A product with its own waterfall logic, an unusual investor journey or deep ties to an existing core banking or trading system often ends up as a custom layer on top of a vendor's token and compliance engine.

Issuance and Lifecycle Platforms

1. Tokeny

Tokeny created ERC-3643, the open-source token standard (originally T-REX) that builds investor identity and transfer compliance into the token itself. Its site calls ERC-3643 the only official ERC standard for compliant tokenization. Tokeny sells the T-REX Platform, a no-code environment where issuers set asset information, compliance, supply and transfer rules, and the T-REX Engine for teams that integrate through APIs. Tokens can be deployed on private or public blockchains, including any EVM chain. Tokeny is part of Apex Group and says it serves 120+ customers, naming Apex Group, ABN AMRO and BlocHome.

Key Facts

• Products: T-REX Platform, T-REX Engine (ERC-3643)
• Deployment: No-code platform or APIs; any EVM chain, public or private
• Typical clients: Financial institutions tokenizing real estate, private equity, funds and debt
• Headquarters: Munsbach, Luxembourg
• Founded: 2017
• Website: tokeny.com

2. Zoniqx

Zoniqx sells infrastructure for tokenized capital markets in two parts. z360 covers issuance and lifecycle management, with templates for private credit, funds, real estate, infrastructure and yield products. zConnect is a non-custodial distribution layer that links tokenized assets to broker-dealers, registered investment advisers, wealth platforms and vault strategies. The company supports the ERC-3643 and ERC-7518 token standards and is built to be embedded: its API and SDK expose REST, WebSocket and webhook interfaces, with a sandbox for testing.

Key Facts

• Products: z360 (issuance and lifecycle), zConnect (distribution)
• Deployment: API and SDK embedded in partner platforms; sandbox available
• Typical clients: Private credit and fund managers, real estate and infrastructure issuers, governments; banks, broker-dealers, RIAs and wealth platforms on the distribution side
• Headquarters: Not stated
• Website: zoniqx.com

3. Brickken

Brickken offers tokenization infrastructure for issuing and managing digital assets, with integrated KYC/KYB, a no-code interface and a compliance rules engine. It sells the product three ways: Issuer Studio, a SaaS for SMEs and asset managers; a white-label version that runs under the client's brand; and an API for fintechs with their own technical teams. Developer tooling includes an SDK, a CLI and a test environment. Assets can be issued on Ethereum, BNB Smart Chain, Base and Polygon. Brickken reports 150+ clients, $660M+ in tokenized value and clients in 40+ countries.

Key Facts

• Products: Issuer Studio (SaaS), White-Label, API, SDK and CLI
• Deployment: SaaS, white-label or API; Ethereum, BNB Smart Chain, Base, Polygon
• Typical clients: Private equity, funds, private credit, real estate, venture capital, startups, energy, commodities
• Headquarters: Not stated
• Website: brickken.com

4. DigiShares

DigiShares sells a white-label tokenization platform for tokenized securities and real-world assets. It covers automated KYC/AML onboarding, issuance across several jurisdictions, real-time cap table management, an investor portal, fractional ownership and secondary trading infrastructure. It is one of the few vendors in this category that publishes prices: three plans (Launch, Standard and Advanced) differ in white-labelling, API access and the number of investors, and every plan includes the licence, setup, integration support, upgrades and a managed server.

Key Facts

• Products: Launch, Standard and Advanced plans of the DigiShares tokenization platform
• Deployment: Managed hosting; white-label in Standard and Advanced, APIs in Advanced
• Typical clients: Issuers and asset managers in real estate, private equity and other private markets
• Headquarters: Not stated (contact address in Miami, Florida; legal entity DigiShares A/S)
• Website: digishares.io

5. Bitbond

Bitbond describes itself as institutional-grade asset tokenization infrastructure. Token Tool deploys smart contracts and tokens, including ERC-20, ERC-1400 and ERC-721, without code. Offering Manager runs token offerings with investor KYC/AML, a white-label checkout and payments by card, stablecoin or bank transfer. A separate advisory service covers tokenization architecture and readiness for the EU's MiCA regulation and Germany's electronic securities act (eWpG). Bitbond names ABN AMRO, Standard Chartered and Siemens among its clients and reports $1.2B+ in assets tokenized and 7,000+ tokens deployed.

Key Facts

• Products: Token Tool, Offering Manager, tokenization advisory
• Deployment: 11+ public blockchains (including Ethereum, Polygon, Arbitrum, Base, Solana, Stellar, XRPL) plus private and permissioned networks
• Typical clients: Banks, asset managers, corporate issuers
• Headquarters: Berlin, Germany
• Founded: 2013
• Website: bitbond.com

6. Stobox

Stobox, founded in 2018, presents itself as a US tokenization company and sells the whole route from structuring a company's assets to raising capital on-chain. Its process has six parts: structure, record, documents, token, raise and post-launch support. Compass is the issuer console, issuing tokens on the ERC-7943 standard; Raisable prepares offering documents and runs the raise. Primary issuance runs on Base with USDC settlement, and offerings that need a US broker-dealer go through its partner Silicon Prairie. Stobox says some prices are published flat and that its fees are not a percentage of the raise.

Key Facts

• Products: Compass (issuer console), Raisable (offerings), Intelligence (company record)
• Deployment: Hosted; issuance on Base, with Arbitrum and Canton also mentioned
• Typical clients: Real estate, funds, credit, manufacturing, mining and commodities, renewable energy issuers
• Headquarters: United States (city not stated)
• Founded: 2018
• Website: stobox.io

7. Tokensoft

Tokensoft, operating since 2017, runs security token offerings and token distributions on one white-labeled, non-custodial platform. It handles Reg D, Reg S, Reg A+ and registered offerings under the Securities Act of 1933, with integrated KYC/KYB, accredited investor checks, document signing and hosting of investor personal data. Tokensoft co-authored ERC-1404, an Ethereum standard for on-chain transfer restrictions, and offers Knox Wallet for custody with HSM integration and offline signing. Its site cites the INX IPO and an ArCoin '40 Act fund, along with token distributions for networks such as Avalanche, Arbitrum and Tezos.

Key Facts

• Products: Issuance platform, token distribution, Knox Wallet (ERC-1404)
• Deployment: White-labeled, non-custodial, chain-agnostic
• Typical clients: Security token issuers, funds, blockchain foundations and networks
• Headquarters: Not stated
• Website: tokensoft.com

8. Securitize

Securitize, founded in November 2017, describes itself as a platform for tokenized real-world assets. Its investor materials name three parts of the job it covers: compliant issuance of digital securities, trading, and management of those securities after issuance. The company lists Apollo, BlackRock, Hamilton Lane, KKR and VanEck among the institutional asset managers it works with, which places it at the fund manager end of this list rather than with SME issuers. Securitize does not state deployment options, headquarters or prices on the pages checked.

Key Facts

• Products: Tokenization platform for issuance, trading and management of digital securities
• Deployment: Not stated
• Typical clients: Institutional asset managers (Apollo, BlackRock, Hamilton Lane, KKR, VanEck)
• Headquarters: Not stated
• Founded: 2017
• Website: securitize.io

9. Centrifuge

Centrifuge, founded in 2017, calls itself a real-world asset tokenization platform and builds infrastructure for tokenized funds. Its site says issuers can tokenize and manage any type of asset, and its DeFi integrations give those tokens access to liquidity and secondary markets. The documentation names asset managers, fintechs and DeFi protocols as the users it builds for. Centrifuge suits issuers that want their tokens to reach on-chain liquidity rather than stay inside one closed investor portal. Deployment options, headquarters and prices are not stated.

Key Facts

• Products: Tokenization and asset management infrastructure with DeFi integrations
• Deployment: Not stated
• Typical clients: Asset managers, fintechs, DeFi protocols
• Headquarters: Not stated
• Founded: 2017
• Website: centrifuge.io

Institutional Infrastructure

10. Fireblocks

Fireblocks, known for digital asset custody and wallets, sells a tokenization platform for financial institutions that covers the lifecycle from issuance to secondary trading. Teams can use its pre-built smart contracts and APIs, deploy their own contracts or link existing ones. The Policy Engine sets approval workflows and permissions for minting, transferring and burning tokens, and keys are protected with MPC-based wallet security. For distribution, the Fireblocks Network connects issuers to 2,400+ banks, exchanges, liquidity providers, lending desks and market makers. Contracts can be deployed on 35+ blockchains.

Key Facts

• Products: Fireblocks tokenization platform, Policy Engine, Fireblocks Network
• Deployment: Platform with APIs; 35+ blockchains
• Typical clients: Financial institutions issuing tokenized funds, bonds, stablecoins, RWAs and loyalty tokens
• Headquarters: Not stated
• Website: fireblocks.com

11. Taurus

Taurus is a Swiss, FINMA-regulated provider whose Taurus-CAPITAL product issues and manages tokenized assets through their lifecycle, on public and permissioned blockchains, EVM and non-EVM, with any smart contract. It sits beside Taurus-PROTECT for custody in hot, warm and cold storage, and TDX, an organized trading facility operated by Taurus SA. Unlike most vendors here, Taurus can be installed on premises as well as run as a managed service or in a hybrid set-up, which matters to banks that keep keys in-house. It names State Street, Deutsche Bank, CACEIS, KBC, Pictet and Swissquote among its clients.

Key Facts

• Products: Taurus-CAPITAL (tokenization), Taurus-PROTECT (custody), TDX (trading facility)
• Deployment: Managed service, on-premises or hybrid
• Typical clients: Banks, neobanks, broker-dealers, FMIs and CSDs, exchanges, fintechs
• Headquarters: Switzerland
• Website: taurushq.com

12. Kaleido

Kaleido, headquartered in Raleigh, North Carolina, sells enterprise blockchain infrastructure with a digital assets suite of Tokenize, Custody and Digital Cash Hub. Its site lists use cases including tokenized deposits, stablecoins, tokenized bonds, tokenized money market funds and tokenized reserves, plus a Digital FMI platform for network operators. Kaleido runs on its own infrastructure or in the customer's cloud, holds SOC 2 Type 2 and ISO 27001 certifications, and builds on open-source projects such as Hyperledger FireFly and Besu. It names Swift as a core technology partner and lists Deutsche Börse, Bank Indonesia and Project Guardian among its work.

Key Facts

• Products: Tokenize, Custody, Digital Cash Hub, FireFly Enterprise, Digital FMI Platform
• Deployment: Kaleido-hosted or customer cloud; public chains or a customer's own permissioned chain
• Typical clients: Banks, central banks, market infrastructure operators
• Headquarters: Raleigh, North Carolina, USA
• Website: kaleido.io

Licensed Venues and Tokenized Fund Distribution

13. InvestaX

InvestaX runs a tokenization platform licensed by the Monetary Authority of Singapore, on which institutions tokenize, distribute and trade real-world assets. Its site lists a Capital Markets Services licence for dealing in securities, Recognised Market Operator status for an organised securities market and exempt financial adviser status. Next to the platform it offers tokenization consulting. The platform is open to accredited, institutional and expert investors only and does not accept users from the United States.

Key Facts

• Products: Licensed tokenization platform, tokenization consulting
• Deployment: Hosted, licensed venue
• Typical clients: Institutions with real-world assets to tokenize; fintechs, exchanges and wallets seeking stablecoin yield products
• Headquarters: Singapore
• Website: investax.io

14. ADDX

ADDX is a Singapore investment marketplace where tokenized private-market products are issued and traded. ADDX Pte. Ltd. holds a Capital Markets Services licence from the Monetary Authority of Singapore for dealing in capital markets products and providing custodial services, and is a Recognised Market Operator. Products listed on the platform include commercial paper, private credit, private equity, hedge funds, term notes and structured products. For issuers, ADDX is a distribution channel to wealth managers, corporate treasurers and high-net-worth investors rather than software they install.

Key Facts

• Products: ADDX investment platform (issuance and trading of security tokens)
• Deployment: Hosted licensed venue
• Typical clients: Business owners raising capital and fund managers; wealth managers, corporate treasuries and accredited investors on the buy side
• Headquarters: Singapore
• Website: addx.co

15. KAIO

KAIO puts institutional funds on-chain in tokenized form for institutional and accredited investors. Its current lineup includes tokenized access to the BlackRock ICS US Dollar Liquidity Fund, the Hamilton Lane Senior Credit Opportunities Fund, the Brevan Howard Master Fund and a Mubadala Capital alternatives fund, on chains such as Base, Solana, Sui, Sei and Injective. The investment manager named on the site, Conduit Asset Management Pte. Ltd., holds a Capital Markets Services licence from the Monetary Authority of Singapore. KAIO suits fund managers looking for a tokenized distribution route rather than an issuance tool.

Key Facts

• Products: Tokenized fund access (money market, private credit, hedge fund, private equity)
• Deployment: Hosted; Base, Solana, Sui, Sei, Injective
• Typical clients: Asset managers; institutional and accredited investors
• Headquarters: Not stated
• Website: kaio.xyz

Pricing and Implementation

Most vendors in this category do not publish prices. Tokeny, Zoniqx, Tokensoft, Fireblocks, Taurus, Kaleido, InvestaX and ADDX quote each project, Securitize and Centrifuge publish no prices on the pages checked,, and Bitbond and Brickken route buyers to a sales conversation or a plans page.

DigiShares is the exception and publishes three plans in euros:

Plan	One-time fee	Monthly fee	Included	Extra project	Investors
Launch	€5,000	€300	2 projects, 50 KYC checks (then €2 each)	€200 per month	200
Standard (white-label)	€35,000	€950	2 projects	€60 per month	2,000
Advanced (white-label plus APIs)	From €50,000	€1,500	2 projects	€60 per month	10,000

Brickken advertises €0 setup on its site. Stobox says part of its pricing is published as flat fees, the rest is quoted, and none of it is a percentage of the capital raised.

Implementation time depends less on the software than on the legal work around it: the offering structure, the jurisdiction, investor eligibility rules and which licensed party sits in the chain. Integration with existing systems (investor CRM, payments, fund administration, core banking or a trading platform) is the other variable, and it is usually where custom engineering is needed.

How to Choose an Asset Tokenization Platform

Start with the asset and the investors. A private credit fund sold to accredited investors in Europe needs different transfer rules, documents and partners than a real estate offering for retail investors in the US. Shortlist vendors whose clients already issue the same kind of asset.

Check the token standard. ERC-3643 (Tokeny, Zoniqx), ERC-1400 (Bitbond), ERC-1404 (Tokensoft) and ERC-7943 (Stobox) handle identity and transfer restrictions differently. The standard decides which wallets, exchanges and distribution partners can work with your token later.

Map the regulated roles. Ask who acts as broker, transfer agent and trading venue. Some vendors hold licences themselves (InvestaX, ADDX, Taurus through Taurus SA), others rely on partners such as a US broker-dealer.

Decide where the keys and data live. Banks that cannot hand custody to a third party should look at vendors with on-premises or own-cloud options, such as Taurus and Kaleido.

Plan the integration early. Ask for the API documentation and a sandbox before signing. The token is the easy part; connecting investor onboarding, payments, reporting and back-office systems takes most of the project.

Frequently Asked Questions

What is an asset tokenization platform?

It is software that issues a blockchain token representing a share of a real-world asset, such as a fund, a bond, a loan or a property, and manages that token through its life: investor onboarding and KYC, transfer restrictions, cap table, distributions and, on some platforms, secondary trading.

What is the difference between RWA tokenization and asset tokenization?

In practice the terms mean the same thing. RWA (real-world asset) tokenization stresses that the token represents something that exists off-chain, as opposed to a native crypto token. The platforms on this list use both terms.

What is ERC-3643?

ERC-3643 is an open-source Ethereum token standard, created by Tokeny as T-REX, that links each token holder to a verified on-chain identity and checks compliance rules before every transfer. Zoniqx also supports it.

How much does asset tokenization software cost?

Most vendors quote per project. DigiShares publishes its plans, from a €5,000 one-time fee plus €300 a month for its entry plan to €50,000 or more plus €1,500 a month for its white-label plan with APIs. Legal structuring and integration are separate costs.

Do I need a licence to tokenize assets?

If the token is a security, someone in the chain usually needs a licence: a broker-dealer, transfer agent or trading venue, depending on the jurisdiction. Several platforms work with licensed partners, and InvestaX and ADDX operate venues licensed in Singapore. Get legal advice for your structure before choosing software.

When does a custom build make sense?

When the offering needs logic a platform does not support, such as an unusual waterfall, a bespoke investor journey or tight links to an existing trading or banking system. A common pattern is to keep a vendor's token and compliance engine and build the investor-facing product and integrations around it. Itexus builds that kind of fintech software to order; you can describe your project on the contacts page.