What should be listed as a tokenization platform?

A tokenization platform should provide issuer-side infrastructure for creating, managing, servicing, transferring or administering tokenized real-world assets, securities, funds or investment products.

Why are RWA protocols and marketplaces separated from tokenization platforms?

Protocols, marketplaces, chains and tokenized product issuers can be important to tokenized markets, but they are not always the software platform an issuer uses to tokenize and manage an asset.

How should issuers compare tokenization platforms?

Issuers should compare supported asset classes, jurisdiction support, compliance model, investor onboarding, custody integrations, payments, reporting, transfer controls and lifecycle management.

Issuer-side tokenization platforms

RWA Tokenization Platforms for Issuers, Funds and Asset Owners

Compare issuer-side tokenization platforms for real-world assets, funds, securities and private markets by compliance, custody, investor onboarding, transfer controls and lifecycle servicing.

Best for: issuers comparing asset issuance, compliance and lifecycle workflows.Avoid if: you only need a tokenized product to invest in, not issuer software.Confirm: asset class fit, jurisdiction support, custody and transfer controls.

Explore Providers Submit Requirements

Platform directory

Compare RWA tokenization platforms

This page is now limited to issuer-side platforms whose core product helps teams tokenize, manage and service assets.

Showing 11 platforms

Looking for RWA protocols, marketplaces, chains or tokenized asset issuers? View the adjacent category.

01 / Full-Stack Tokenization Infrastructure

Zoniqx

Vetted

Best forEnterprises needing a chain-agnostic, modular tokenization platform they can white-label and deploy across any blockchain

Provides the complete infrastructure to tokenize any asset on any chain. Modular suite covers the full lifecycle: token issuance (zProtocol/ERC-7518), lifecycle management (TALM), distribution (zConnect), compliance (zCompliance), payments (zPay), and identity (zIdentity). If you want one platform that works across Ethereum, Hedera, XRPL, and private chains without being locked in, Zoniqx is the infrastructure layer.

$5B+ TokenizedMulti-ChainERC-7518PwC Partner

Provider intelligence

Zoniqx is not a marketplace or an exchange. It is the infrastructure you use to build your tokenization product. The modular TPaaS (Tokenization Platform as a Service) suite means you pick the components you need: zProtocol for token creation using the ERC-7518 standard, TALM for lifecycle management from issuance through redemption, zConnect for multi-channel distribution, zCompliance for regulatory requirements, zPay for payment rail integration, and zIdentity for investor verification. The platform is chain-agnostic (Ethereum, Hedera, XRPL, private chains) and has tokenized $5B+ with partnerships including PwC and Deloitte. Best for enterprises wanting full control without vendor lock-in.

HQ: USA
Founded: 2020
Platform type: Enterprise / Full-Stack Tokenization Infrastructure
Asset classes: Real Estate, Securities, Bonds, Private Equity, Commodities
Supported chains: Ethereum, Hedera, XRPL, Private Chains

View Company Profile

02 / Full-Lifecycle Issuance Platform

Securitize

Vetted

Best forFund managers and issuers who need SEC-compliant tokenization with built-in secondary market trading

Handles everything from creating your tokenized security to trading it on a secondary market, all under SEC regulation. If you are a fund manager or asset issuer in the US who needs a regulated, end-to-end platform (issuance, compliance, cap table, investor verification, secondary trading), Securitize is the institutional standard. Powers BlackRock's BUIDL fund.

$1B+ On-ChainSEC RegisteredBlackRock BUIDLFull Lifecycle

Provider intelligence

Securitize is the most vertically integrated tokenization platform. It operates as an SEC-registered transfer agent with its own ATS (Alternative Trading System) for secondary trading. This means you can issue a tokenized security, manage your cap table, verify investors, maintain compliance, and enable secondary market trading all within one platform under one regulatory umbrella. The BlackRock BUIDL fund ($1B+ on-chain) runs on Securitize, which is the strongest institutional endorsement in the market.

HQ: USA
Founded: 2017
Platform type: Enterprise / Full-Lifecycle Issuance Platform
Asset classes: Funds, Securities, Real Estate, Credit
Supported chains: Ethereum, Avalanche, Polygon

View Company Profile

03 / Compliance & Issuance Platform

Tokeny

Vetted

Best forFund managers and enterprises wanting institutional-grade tokenization with the most adopted compliance standard (ERC-3643)

Provides the compliance infrastructure for tokenized securities using ERC-3643, the most widely adopted permissioned token standard ($32B+ tokenized). Acquired by Apex Group ($3T+ in assets), giving direct integration with institutional fund administration. If you need proven compliance rails for a large-scale tokenization, Tokeny is the standard.

$32B+ TokenizedERC-3643 CreatorApex GroupInstitutional

Provider intelligence

Tokeny solves the compliance problem at scale. The ERC-3643 standard it created ensures that only verified, eligible investors can hold and transfer your tokens, with compliance enforced at the smart contract level. With $32B+ tokenized across hundreds of issuances, it is the most battle-tested compliance framework. The Apex Group acquisition means Tokeny now integrates directly with institutional fund administration infrastructure servicing $3T+ in assets. If you are a fund manager tokenizing a fund for institutional distribution, Tokeny provides the compliance and distribution layer.

HQ: Luxembourg
Founded: 2017
Platform type: Enterprise / Compliance & Issuance Platform
Asset classes: Funds, Bonds, Equity, Real Estate
Supported chains: Ethereum, Polygon

View Company Profile

04 / White-Label Platform

DigiShares

Vetted

Best forReal estate companies and marketplace operators who want to launch their own branded tokenization platform

Gives you a ready-made, white-label tokenization platform so you can launch your own branded real estate marketplace without building from scratch. Supports 40+ countries and 90+ wallet integrations. You focus on sourcing deals, DigiShares handles the tech.

40+ Countries90+ WalletsWhite-LabelB2B

Provider intelligence

DigiShares is for companies that want to be the tokenization platform, not just use one. If you are a real estate developer, fund manager, or marketplace operator wanting to launch your own branded tokenization marketplace, DigiShares provides the complete white-label infrastructure: token issuance, investor onboarding, compliance, and a marketplace interface. You bring the brand and the deals, they provide the technology stack.

HQ: Denmark
Founded: 2018
Platform type: Platform / White-Label Platform
Asset classes: Real Estate, Funds
Supported chains: Ethereum, Polygon

05 / Bank Infrastructure Platform

Taurus

Vetted

Best forBanks and financial institutions wanting to add tokenization, custody, and trading to their existing systems

Gives banks a complete digital asset infrastructure stack (custody + tokenization + trading) that integrates with their existing banking systems. If you are a bank wanting to offer tokenized securities to your clients without building crypto infrastructure from scratch, Taurus provides the bank-grade platform.

Bank-GradeSwiss RegulatedFull-StackEnterprise

Provider intelligence

Taurus is built for banks, not crypto startups. If you are a traditional bank or financial institution wanting to add digital asset capabilities (tokenization, custody, trading) without rebuilding your infrastructure, Taurus provides a full-stack platform that meets banking-grade security and compliance requirements. It integrates with existing banking workflows rather than requiring crypto-native processes. Swiss-regulated and trusted by European banks.

HQ: Switzerland
Founded: 2018
Platform type: Enterprise / Bank Infrastructure Platform
Asset classes: Multi-Asset, Securities, Funds
Supported chains: Ethereum, Polygon, Tezos

06 / Enterprise Asset Tokenization Solutions

Persistent Systems

Vetted

Best forBanks, fintechs and financial-services teams that need an enterprise implementation partner for tokenized asset products

Persistent Systems provides enterprise asset tokenization solutions for banking, fintech and financial-services teams, including smart-contract based issuance, wallet support, compliance checks, dashboards and blockchain integration for security and utility tokens.

Enterprise BFSISecurity TokensSmart ContractsImplementation Partner

Provider intelligence

Persistent is best understood as an enterprise tokenization solutions and implementation partner rather than a self-serve issuer marketplace. It is relevant when a bank, financial ISV or fintech needs help designing, integrating and delivering tokenized asset infrastructure across existing systems.

HQ: Global
Founded: 1990
Platform type: Enterprise asset tokenization solutions
Asset classes: Illiquid assets, security tokens, utility tokens and financial products
Supported chains: Public and private blockchain implementations, project-dependent

07 / RWA Tokenization Platform Development

Ment Tech

Vetted

Best forTeams that want a custom RWA tokenization platform, marketplace or lifecycle-management product built with Web3 engineering support

Ment Tech builds RWA and tokenization platforms for startups and enterprises, covering asset tokenization, real estate tokenization, token lifecycle management, compliance reporting, investor eligibility and marketplace workflows.

RWA TokenizationPlatform DevelopmentLifecycle ManagementWeb3 Engineering

Provider intelligence

Ment Tech fits the category as a build partner for teams that need a tokenization platform or custom RWA product rather than a purely off-the-shelf issuer portal. It is useful where the project requires platform engineering, smart contracts, investor workflows and marketplace features together.

HQ: Global delivery
Founded: Not listed
Platform type: RWA tokenization platform development partner
Asset classes: Real estate, commodities, hedge funds, treasuries, IP revenue and project-dependent assets
Supported chains: Project-dependent across major Web3 ecosystems

08 / Licensed Tokenization Platform

InvestaX

Vetted

Best forIssuers and asset managers seeking regulated tokenization, distribution and trading workflows for real-world assets

InvestaX is an institutional-grade tokenization platform for on-chain capital markets, supporting tokenized asset issuance, distribution and trading for real-world assets through a regulated Singapore platform.

Licensed PlatformDigital SecuritiesSingaporePrivate Markets

Provider intelligence

InvestaX belongs in this category because its core positioning is tokenized asset issuance, distribution and trading for institutional real-world assets. It is especially relevant for issuers seeking regulated digital securities workflows and Asia-focused private-market access.

HQ: Singapore
Founded: 2013
Platform type: Licensed institutional tokenization platform
Asset classes: Money market funds, treasury bills, private credit, equities, commodities, real estate and intellectual property
Supported chains: Platform-dependent institutional tokenization infrastructure

09 / No-Code Tokenization Platform

Brickken

Vetted

Best forBusinesses and asset owners that want no-code token issuance, investor onboarding, compliance workflows and lifecycle management

Brickken provides tokenization infrastructure for creating, managing and distributing digital assets, with issuer tools for token creation, investor onboarding, KYC/KYB, compliance and asset lifecycle management.

No-CodeKYC/KYBToken IssuanceLifecycle Management

Provider intelligence

Brickken belongs in the issuer-side platform category because its product is built around tokenizing and managing assets rather than only investing in tokenized products. Its platform is useful for teams that need a structured issuer workflow covering token configuration, investor onboarding, compliance checks, distribution and ongoing digital asset administration.

HQ: Spain / Global
Founded: 2020
Platform type: No-code tokenization platform
Asset classes: Real-world assets, securities and digital investment products
Supported chains: Project-dependent tokenization infrastructure

10 / White-Label Tokenization Infrastructure

Libertum

Vetted

Best forMid-market issuers and asset managers seeking white-label infrastructure to manage, tokenize, distribute and service real-world assets

White-label RWA tokenization and asset-management infrastructure for mid-market issuers, with built-in on-chain compliance, custody wallet, gasless transactions, and card, wire, stablecoin and on/off-ramp payment capabilities.

White-LabelAsset ManagementOn-Chain CompliancePayments & Custody

Provider intelligence

Libertum positions itself as white-label infrastructure for mid-market issuers and asset managers. Its platform lets teams manage assets before tokenizing them, then operate the asset lifecycle from one environment. Libertum states that its production infrastructure includes on-chain compliance, a built-in custody wallet, gasless transactions, digital-securities execution, and support for stablecoin, card and wire-transfer payments.

Primary users: Mid-market issuers and asset managers
Platform type: White-label tokenization and asset-management infrastructure
Payment capabilities: Stablecoin, card, wire transfer, fiat on-ramp and off-ramp
Company-reported licenses: DASP subsidiary in El Salvador; MSB and MTR subsidiary in the US; real estate brokerage license in Dubai
Compliance note: Licensing and regulatory claims were supplied by Libertum and should be independently verified during diligence

11 / Institutional Security Token Platform

MintWorks

Vetted

Best forIssuers and funds evaluating security-token infrastructure for regulated digital securities and tokenized investment products

MintWorks presents itself as an institutional-grade security token platform for issuing and managing tokenized assets, with workflows aimed at security tokens, investor access and digital asset lifecycle operations.

Security TokensIssuer PlatformDigital SecuritiesLifecycle

Provider intelligence

MintWorks fits the tokenization platform category because its public positioning is centered on institutional security-token infrastructure rather than only advisory, marketplace or protocol activity. It is relevant for issuers evaluating regulated tokenized investment products where issuance, investor workflows and lifecycle administration need to be handled through a purpose-built platform.

HQ: Not publicly listed
Founded: Not publicly listed
Platform type: Institutional security token platform
Asset classes: Security tokens and regulated tokenized investment products
Supported chains: Not publicly specified

Next step

Need a tokenization platform shortlist?

Share asset class, jurisdiction, target investors, custody model and launch stage so FluidRWA can help identify platform and adjacent vendor requirements.

Compare platforms Submit issuer brief Run readiness assessment

Asset-class coverage

What RWA tokenization platforms help launch

Use these groups to understand whether a platform is best suited for real estate, treasury products, regulated securities, lending markets, funds or broader enterprise tokenization infrastructure.

Real Estate

Residential, commercial and luxury property tokenization with fractional ownership and rental yield distribution

Issuer workflow

US Treasuries

On-chain access to short-term US government bond yields through regulated tokenized fund structures

Yield products

Corporate Credit

Credit, debt and lending products where ownership, servicing or repayment workflows need to be digitized

Credit workflows

Equity & Securities

Tokenized company shares, security tokens and regulated digital securities on public blockchains

Transfer controls

Bonds & Debt

On-chain corporate bond issuance, structured debt products and fixed income tokenization

Fixed income

Private Equity & VC

Tokenized access to private equity funds, venture capital and alternative investments

Private markets

Funds & ETFs

Regulated tokenized fund products bringing traditional asset management structures on-chain

Fund lifecycle

Commodities

Tokenized exposure to physical commodities including precious metals and energy resources

Asset-backed

Buyer shortlist

Evaluating RWA tokenization platforms?

Institutional issuance

Shortlist platforms that support token issuance, cap table logic, investor onboarding, reporting, distributions and asset lifecycle management.

Compliance-first controls

Look for KYC, KYB, transfer restrictions, investor eligibility, jurisdiction rules and integrations with enterprise KYC AML providers.

Smart contract readiness

For custom token logic, confirm audited contracts, upgrade governance, ERC-3643 or ERC-1400 familiarity and monitoring before launch.

Deployment-ready stack

Assess custody, payments, stablecoins, secondary-market path, APIs, reporting exports and support SLAs before choosing a tokenization platform.

Buyer guide

How to compare RWA tokenization platforms

Use this page to shortlist issuer-side platforms by asset class, jurisdiction, compliance workflow, custody model, investor onboarding and lifecycle servicing. Tokenization platform selection should start with operating requirements, not a generic vendor demo.

Regulated securities and funds

Prioritize transfer controls, investor eligibility, fund administration, reporting, redemption workflows, legal evidence and marketplace or transfer-agent support.

Best-fit search intent

Real estate and private markets

Look for sponsor portals, SPV workflows, investor documents, cap table management, distributions, investor communications and secondary transfer restrictions.

Workflow fit

Enterprise tokenization infrastructure

Compare API depth, chain support, white-label options, permissions, audit trails, custody integrations, payment rails and integration effort.

Technical fit

Readiness before RFP

Before requesting proposals, define the asset, target investors, jurisdiction, custody model, distribution plan, required vendors and who owns post-launch servicing.

Lead-ready next step

Comparison depth

Tokenization platform comparison: which platform is good for what?

There is no single best tokenization platform. The strongest fit depends on whether the project is a fund, private credit product, real estate vehicle, treasury product, carbon asset, institutional security or enterprise infrastructure build.

Securities

Best when compliance is the product

Look for investor eligibility, transfer restrictions, broker-dealer or ATS connections, reporting, disclosure workflows and legal evidence. Avoid generic token tools for regulated offerings.

Funds

Best when lifecycle servicing matters

Prioritize subscriptions, redemptions, capital calls, NAV, distributions, transfer-agent coordination, admin integrations and investor communications.

Real estate

Best when the sponsor workflow is complex

Check SPV setup, document handling, KYC, payment collection, investor relations, waterfall logic and secondary transfer limits.

Enterprise API

Best when a platform is embedded into your stack

Look for developer documentation, API depth, permissions, audit logs, custody integrations, deployment model, SLA and the ability to white-label workflows.

Not enough

What tokenization platforms do not solve alone

They do not replace legal structuring, tax review, custody decisions, broker-dealer obligations, investor demand, valuation, market making or distribution strategy.

RFP checklist

What to ask before a demo

Supported asset classes, jurisdictions, custody options, investor onboarding flow, admin roles, transfer controls, payment rails, reporting exports, pricing model and launch timeline.

Readiness

When should a team wait?

Wait if asset rights, target investors, legal wrapper, redemption terms, custody model or distribution path are still unclear. A platform cannot fix an undefined product.

FluidRWA use

How buyers should use this page

Start with the platform category, then compare adjacent vendors such as KYC, custody, legal, smart contract audit and payments to form the full operating stack.

Authoritative referencesSEC DLT and tokenized securities context BIS tokenisation and unified ledger report IOSCO crypto and digital asset recommendations

Selection framework

How to evaluate a tokenization platform

Start with the asset class

Real estate, treasury yield, fund tokenization, private credit and regulated securities require different compliance, servicing and distribution models.

Check the regulatory wrapper

Compare issuer jurisdiction, investor eligibility rules, transfer restrictions, licensing status and whether the platform supports secondary market workflows.

Review the infrastructure stack

Look for custody integrations, KYC flows, cap table management, payments, reporting, investor onboarding and supported blockchain networks.

Map distribution needs

Some platforms include distribution integrations, while others focus on issuer workflows. If you need a protocol, venue or tokenized product issuer, use the adjacent RWA protocols and marketplaces category.

FAQ

RWA tokenization platform questions

What does an RWA tokenization platform do?

It helps convert ownership, fund interests, debt instruments, securities, yield products or other real-world assets into programmable digital tokens with workflows for issuance, compliance, servicing and lifecycle management.

Which tokenization platform is best?

There is no universal best platform. The right fit depends on your asset class, investor geography, licensing needs, custody model, secondary liquidity plan and technical requirements.

Can FluidRWA help shortlist platforms?

Yes. Submit your requirements and FluidRWA can help turn a broad vendor landscape into a focused platform path for your project.