Hedera has announced the launch of an “all in one” asset tokenization studio. The platform is designed to streamline the tokenization process.
Hedera is a high-performance, permissioned DLT network governed by a global council.
The studio is an open-source toolkit for the “configuration, issuance, and management of tokenized bonds and equities on the Hedera network.” Hedera says the Studio can support bond coupons, dividends, compliance by jurisdiction and more. 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 publicly available on GitHub.
The project is being led by partners such as the HBAR Foundation, Hashgraph, RedSwan, and ioBuilders.
Dr. Sabrina Tachdjian, Head of Fintech and Payments at the HBAR Foundation, said they believe by lowering barriers to digital securities they will be able to boost the growth of Hedera’s RWA ecosystem and on-chain migration of capital markets.
“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.”
Digital securities are widely believed to be the future of capital markets. Additionally, better tech should be able to support novel asset classes that were typically unavailable in the past. Yet uptake of digital securities has been slow – largely due to market fragmentation, compliance questions and intrinsic inertia from establishment firms.
