Bitbond already offers a “no-code asset tokenization” service and today it is announcing a new tool – a Token Portfolio Tracker for user s to monitor tokens across various chains. The new service is a feature that comes at no additional cost and is free to use. This past June, Bitbond announced a tokenization service for online capital raises – or public securities offerings.
Bitbond has iterated multiple times during its existence – at one time operating as an online lender which accepted Bitcoin. Berlin-based Bitbond was the first platform to conduct a Security Token Offering (STO) in Germany with a securities prospectus approved by BaFin in 2019.
Bitbond currently works mostly with banks and other intermediaries to power digital asset custody and tokenization.
Bitbond states that the majority of token investors own tokens across multiple blockchains and need to keep track of their holdings. Token issuers, including banks, need a seamless and accessible solution to monitor the tokens that they issue and hold. The Token Tool supports Ethereum, Polygon, Avalanche, and BNB Chain, enabling users to track asset prices, alongside other services such as creating & distributing tokens, launching capital raising projects (primary issuance), lock-up tokens, and/or creating an on-chain registry.
Token Tool supports custody solutions such as Metamask / Metamask Institutional, Fireblocks, Qredo, Gnosis Safe, GK8, Metaco, and Ledger.