A tokenization platform development company builds the software that turns an asset, such as a building, a fund share or a patent, into tokens an issuer can sell, track and pay out on. The firms below differ mainly in what they hand over: some write the smart contracts and a thin investor portal, others build the whole stack, from KYC and cap table to distributions and a secondary market.
Itexus wrote this list and placed itself first. The other companies are developers, not platform vendors you license, and they are not ranked. Everything we say about them comes from their own websites as they read in November 2026.
Comparison Table
| Company | Best for | Tokenization work on its pages | Headquarters | Team size |
| Itexus | Fintech back office around a token product | Crypto accounting and payments platform, crypto trading platform | Dover, DE, USA | 150+ engineers |
| PixelPlex | RWA and carbon credit platforms with a ready base | Cyndicate STO platform, Obito, own RWA platform | New York, USA | Not stated |
| Antier | Regulated RWA networks and exchanges | BT Asset Hub, BlockMaze, Libertum | Not stated | 700+ team members |
| Blockchain App Factory | Fast real estate token launches | CRE7 Invest, StoneForm | Chennai, India | Not stated |
| Innowise | Compliance-heavy lifecycle builds | Issuance, cap table, corporate actions, redemption | Warsaw, Poland | 3,500+ IT professionals |
| Debut Infotech | Permissioned ERC-3643 real estate and IP tokens | RVA, AlFahim Group, The Econophy Group | Not stated | 150+ engineers and technology specialists |
| SoluLab | Real estate, gold and fund tokenization | Dubai real estate investment firm | Not stated | 250+ developers |
| Metlabs | Spanish and EU issuers using ERC-3643 | 30+ projects in production | A Coruna, Spain | Not stated |
| ScienceSoft | Asset managers tokenizing funds | Custom issuance platforms, PE and VC tokenization | McKinney, Texas, USA | Not stated |
| Interexy | RWA marketplaces with built-in liquidity | REALTKN | Not stated | Not stated |
| Wavect | Fast contract-layer builds | Technofix (GP26), LivLive, SKD Cabinet Coin | Not stated | Not stated |
"Not stated" means the firm does not publish that figure on its own site.
What a Tokenization Platform Actually Contains
The token contract is the small part. A platform that a regulated issuer can run usually has five layers. First, the asset and legal wrapper: often an SPV that holds the property or fund interest, so the token represents a share in that vehicle. Second, the token itself, usually on an EVM chain. Plain ERC-20 works for utility tokens, but securities need transfer rules, so most of the firms below build on ERC-3643 (the T-REX standard, which checks an on-chain identity before every transfer) or ERC-1400 (partitions for share classes). Third, investor onboarding: KYC and AML through a provider such as Sumsub or Onfido, accreditation checks, and a whitelist the contract reads. Fourth, the issuer back office: cap table, NAV, payouts of rent or interest, corporate actions, redemption, and reports for the administrator and the regulator. Fifth, liquidity: a bulletin board, an order book or a connection to a licensed trading venue, plus fiat on and off ramps and custody, often through Fireblocks or a similar provider.
When you compare firms, ask which of those layers they have shipped for a named client. Many can deploy a token in a week. Fewer have built the distribution engine, the transfer agent reports and the integration with a bank account that a real issuance needs.
1. Itexus
Itexus is a fintech software developer: banking, payments, lending, wealth, trading and insurance. We have not published a tokenization platform case, so we will not claim one. The closest published work is a web platform for payments and accounting with crypto assets for businesses that operate globally, and an automated crypto trading platform where administrators configure strategies on technical indicators. That is the part of a token product that lives off-chain: the ledger, the investor accounts, payments and reporting, and the connections to third-party fintech APIs (Itexus integrates products with 50+ of them).
Key Facts
- Best for: issuers who need the investor portal, payments and back office built to fintech standards around a token
- What its pages show: crypto accounting and payments platform, automated crypto trading platform, blockchain investigative tool
- Headquarters: Dover, DE, USA, with an office in Warsaw, Poland
- Founded: 2013
- Team size: 150+ engineers
- Website: itexus.com
Itexus is a trusted partner
Itexus delivered the app according to the requirements. The team met all development milestones and deliverables. They were efficient, friendly, and cooperative. Itexus team was very timely with updates, a regular meeting cadence, and ad-hoc questions and answers via Slack. The team was very responsive and still is.
Stive Jackson
RMD, Investing Fund
Itexus’ work positions the business well for an imminent launch. They excel at managing their team, presenting frequent product demos to ensure that the project is aligned with development goals. An affordable price structure coupled with remarkable technical skill makes them an attractive partner.
Phill Osolinski
CEO Ryze Rewards
The assigned team was easy to work with and they are especially strong collaborators and communicators. They demonstrated flexibility, professionalism, and trust in everything they did, and completed the work on time and budget.
Sue Wollan Fan
CEO Mango Connects
Itexus excelled at both experimental AI and sprint-oriented UI/UX tasks. Itexus did strong project management work, too, a necessity in such a complicated project.
Jesse Dubin
Senior PM Standard&Poors
They’re a great group of developers who really understand the reality of business.
Andreea Vanacker
CEO SPARKX5
Full-Stack Tokenization Builders
2. PixelPlex
PixelPlex runs tokenization as a named service line and also sells a base product it calls its RWA platform, which it says can launch in 2 to 4 weeks. Its smart contracts cover issuance, yield distribution, vesting, transfers and burning on redemption, and its pages add KYC and AML integration, custody and secondary markets. Among its cases are Cyndicate, an STO platform for tokenized real estate and fitness investments launched in three months with KYC built in, and Obito, a digital asset tokenization platform. It also advised a US startup on real estate STO structure.
Key Facts
- Best for: RWA, carbon credit and fractional ownership platforms that can start from an existing base
- What its pages show: Cyndicate, Obito, real estate STO consulting, own RWA platform
- Headquarters: New York, USA, with offices in London, Pfaffikon, Lisbon, Dubai and Tokyo
- Founded: 2007
- Website: pixelplex.io
3. Antier
Antier describes three ways in: advisory, configurable pre-built applications, and custom builds scoped by senior architects. Its tokenization cases are unusually specific. For Black Tie Holdings it built BT Asset Hub, which lets qualified investors hold fractions of collectibles kept in audited physical custody, with an on-chain ownership registry and transfer controls. For BlockMaze it built a regulated enterprise chain for gold, stocks and real estate, from the base protocol up to the trading exchange. Libertum's co-founder credits Antier with its tokenization infrastructure and an RWA bonding DEX.
Key Facts
- Best for: regulated RWA networks that need their own chain or exchange
- What its pages show: Black Tie Holdings (BT Asset Hub), BlockMaze, Libertum
- Team size: 700+ team members
- Website: antier.com
4. Blockchain App Factory
Blockchain App Factory, the trading name of Appstars Applications Pvt Ltd, lists the parts of a platform one by one: issuer dashboard, investor portal, admin console, eligibility and payout rules in the contract, accreditation checks, jurisdiction-based transfer limits and peer-to-peer order matching. Its two published real estate launches give numbers. CRE7 Invest, a commercial property platform on an Ethereum-compatible chain, went live in six weeks with $18M in assets and 1,200+ investors, according to the firm. StoneForm, a residential project on BNB Chain, took five weeks and reports $9.5M tokenized and 850+ investors.
Key Facts
- Best for: real estate issuers who want a short path to launch
- What its pages show: CRE7 Invest, StoneForm; ERC-3643, ERC-1400, ERC-4626 and SPL tokens
- Headquarters: Chennai, India, with an office in Singapore
- Website: blockchainappfactory.com
5. Innowise
Innowise is a large general engineering firm with a dedicated asset tokenization practice. Its page goes deep on lifecycle: issuance, cap table management, secondary transfers, distributions, corporate actions and redemption, with KYC-linked whitelists, investor tiers, jurisdiction rules and lock-ups enforced in the contract. It uses ERC-3643 with ONCHAINID for identity, ERC-1400 for share classes, and shows Sumsub and Fireblocks in its reference flow. The practice says it has delivered 30+ tokenization platforms and that 25+ of its engineers have smart contract and fintech experience.
Key Facts
- Best for: issuers of funds, private equity or debt who need corporate actions and proof of reserves
- What its pages show: tokenization lifecycle modules, real estate tokenization offer with NAV engine and rental income payouts
- Headquarters: Warsaw, Poland
- Founded: 2007
- Team size: 3,500+ IT professionals
- Website: innowise.com
Real Estate and RWA Specialists
6. Debut Infotech
Debut Infotech's RWA page names four tokenization clients. RVA is a permissioned ERC-3643 platform for property-backed assets. For AlFahim Group it built fractional ownership of a Dubai property portfolio using ERC-3643 and ERC-20. PRC is a blockchain exchange and offering platform. For The Econophy Group it tokenized biotech patents with ERC-3643, with the regulated offering hosted on INX. The firm also lists integration with banking, ERP, CRM and fund accounting systems, which is where many platforms stall. Its FAQ puts an MVP at $15,000 to $35,000 and 8 to 12 weeks.
Key Facts
- Best for: permissioned real estate and intellectual property tokens
- What its pages show: RVA, AlFahim Group, PRC, The Econophy Group
- Offices: USA (Springfield, IL), UK, Canada, India
- Team size: 150+ engineers and technology specialists
- Website: debutinfotech.com
7. SoluLab
SoluLab splits its tokenization work by asset: real estate (with a white-label version), gold, carbon credits, funds and security token offerings, plus RWA platforms that hold several asset classes. Its one written case is a Dubai real estate investment company, for which it reports faster fundraising and lower transaction costs after tokenization. The firm shows SOC 2 and ISO 27001 badges and says it has 250+ developers, with delivery centers in India and client teams in the US, Canada and Australia.
Key Facts
- Best for: real estate, gold and fund tokenization with a white-label start
- What its pages show: Dubai real estate investment case; RWA, gold, carbon credit and STO services
- Offices: USA, India, Canada, Australia
- Team size: 250+ developers
- Website: solulab.com
8. Metlabs
Metlabs is a Spanish firm built around asset tokenization. It issues RWA tokens on ERC-3643 with KYC and AML checks and on-chain governance, and its asset list runs wider than most: franchises, energy, agriculture, tickets and experiences, alongside real estate and carbon credits. Its site lists clients including Criptorent, DDC Developments, Cox Energy, Onyze and IDC Valores. The firm says it has more than 30 projects in production, more than $40M in tokenized assets, and does all development in-house. It also offers regulatory support, training and smart contract audits.
Key Facts
- Best for: Spanish and EU issuers who want legal and technical work from one team
- What its pages show: Criptorent, DDC Developments, Cox Energy, Onyze, IDC Valores
- Headquarters: A Coruna, Spain
- Website: metlabs.io
Engineering Firms with a Tokenization Practice
9. ScienceSoft
ScienceSoft has built investment software since 2007 and added blockchain work in 2020. Its tokenization offer is aimed at asset managers: an issuance platform with one interface for investment professionals and another for investors, proxy smart contracts so transfer rules can change when regulation does, oracle feeds, off-chain document storage and multi-signature wallets. It also tells clients when a third-party platform such as Securitize or Kaleido would do the job instead of a custom build, which is a useful conversation to have early. Ethereum is its main chain, with Polygon, Avalanche and Solana as options.
Key Facts
- Best for: asset managers tokenizing private equity, venture or infrastructure funds
- What its pages show: custom issuance platforms, PE and VC tokenization, ISO 9001 and ISO 27001 certification
- Headquarters: McKinney, Texas, USA
- Website: scnsoft.com
10. Interexy
Interexy's tokenization case is REALTKN, a US blockchain company. The team built a web app where a user can appraise a real-world asset (property, financial assets, art), create tokens that represent shared ownership, buy into other assets, and sell tokens back through an automated market maker pool. It runs on Polygon with ERC-20 and ERC-721 tokens, MPC wallets and a NestJS and PostgreSQL back end. The firm reports a four-month MVP inside a 21-month engagement, with ten of its people on the project.
Key Facts
- Best for: startups that want an RWA marketplace with built-in liquidity
- What its pages show: REALTKN case: appraisal, issuance, AMM liquidity pool, MPC wallets
- Offices: Miramar, Florida (USA), Warsaw, Dubai
- Website: interexy.com
11. Wavect
Wavect's tokenization page reads like an engineer's checklist: mint roles and supply caps tied to real-world events, signed and expiring authorizations, allowlists linked to onboarding status, lockups, optional freeze and forced-transfer roles when counsel requires them, and a cap table that reconciles with the chain daily and raises an alert on drift. Its live work includes a Technofix contract taken to Ethereum mainnet in 48 hours, LivLive (a real-world asset platform with fiat checkout, built in six weeks), and SKD Cabinet Coin for the Munzkabinett museum. It bills weekly.
Key Facts
- Best for: issuers whose legal rules are settled and who want the contract layer done quickly
- What its pages show: Technofix (GP26), LivLive, SKD Cabinet Coin
- Track record: 100+ products shipped since 2018, as the firm states
- Website: wavect.io
Cost and Timeline
Itexus has not published a price range for tokenization platforms, so the figures below are the firms' own, taken from their pages. They describe different scopes, which is why they are so far apart.
| Firm and scope | Published timeline | Published cost |
| Wavect, a single tokenization contract to mainnet | 48 hours (one case) | Quoted per scope, billed weekly |
| Blockchain App Factory, real estate platform launches | 5 to 6 weeks (two cases) | Not published |
| Debut Infotech, tokenization MVP | 8 to 12 weeks | $15,000 to $35,000 |
| PixelPlex, tokenization platform | Not published | $25,000 to $150,000+ (from $50,000 on its service page) |
| Interexy, RWA marketplace MVP | 4 months (one case) | Not published |
| Innowise, real estate tokenization MVP | 2,400 to 3,500 hours of work; 4 to 8 months to launch | Not published |
| ScienceSoft, custom platform for an asset manager | 3 to 6 months | $200,000 to $500,000+ |
Read the low numbers carefully. A five-week launch usually means a firm's existing base with your branding, one chain, one asset type and a KYC provider plugged in. The ScienceSoft range covers several asset types, more contracts, and integration with the asset manager's existing systems. Legal structuring, the SPV, the KYC provider's fees, custody, audits and a licensed trading venue are usually extra in every quote.
How to Choose a Tokenization Platform Development Company
Ask which token standard they would use and why. ERC-3643 and ERC-1400 enforce transfer rules on-chain; plain ERC-20 does not. A firm that proposes ERC-20 for a security without explaining how transfers are restricted has not read your offering documents.
Ask to see the back office, not the token. Request a demo of the issuer console: cap table, distribution run, a corporate action, a redemption. If the firm can only show a minting screen and a wallet connect button, most of the platform still has to be built.
Ask who owns the code and the base product. Firms that start from their own RWA platform or white-label product move faster, but you may be licensing their core. Get in writing that you receive the full source, and what happens if you part ways.
Ask how off-chain and on-chain records stay in sync. The registry the transfer agent keeps, the bank account that receives subscriptions and the chain all have to agree. Daily reconciliation, alerts on drift, and a clear rule for which record wins in a dispute are signs of a team that has run a live issuance.
Ask about audits and upgrades. Find out which auditor reviews the contracts, whether contracts are upgradeable through proxies, and who holds the admin keys after launch.
Ask about the regulator in your jurisdiction. The firm does not replace your lawyer, but it should know what your regulator expects from investor eligibility, record keeping and secondary trading, and build to that.
Where Itexus Fits
We are a fintech developer, not a blockchain specialist, and we would not pitch ourselves as the team to write your token contracts if you need ERC-3643 on day one with a firm that has shipped it many times. Where we help is the part of a tokenization business that looks like any other investment platform: investor accounts and onboarding, payments in and out, the ledger and reporting, and connections to banks and third-party APIs. Our crypto accounting and payments platform is the closest published example. If you are planning an issuance and want a second opinion on the off-chain side, talk to our team.
Frequently Asked Questions
What does a tokenization platform development company do?
It builds the software an issuer uses to create, sell and manage tokens that represent an asset: smart contracts, investor onboarding with KYC, an issuer back office for the cap table and payouts, and often a secondary market. Some firms start from their own base product; others build from scratch.
How much does it cost to build a tokenization platform?
The firms in this list publish figures from $15,000 to $35,000 for an MVP (Debut Infotech) up to $200,000 to $500,000+ for a custom platform for an asset manager (ScienceSoft). Legal structuring, audits, custody and KYC fees are usually on top.
How long does tokenization platform development take?
A launch on a firm's existing base can take five to six weeks, as Blockchain App Factory's real estate cases show. A custom MVP typically takes two to four months, and a multi-asset platform for an institution three to six months or more.
Which token standard is used for real estate and securities?
Most regulated projects in this list use ERC-3643, which checks an investor's on-chain identity before every transfer, or ERC-1400, which supports share classes. ERC-20 and ERC-721 appear in simpler or unregulated projects.
Should I build a custom tokenization platform or license one?
License a platform if your asset, jurisdiction and investor flow match what it already supports and you accept its fees and roadmap. Build when you need your own back office, unusual distribution rules, deep integration with existing systems, or full ownership of the code.
Which company builds tokenization platforms for real estate?
On their own sites, Blockchain App Factory (CRE7 Invest, StoneForm), Debut Infotech (RVA, AlFahim Group), PixelPlex (Cyndicate) and Interexy (REALTKN) show real estate tokenization work. Compare their cases against your asset, chain and jurisdiction.
