- Hedera Hashgraph has launched an open-source Asset Tokenization Studio (ATS) for securely and compliantly tokenizing real-world assets on its network.
- ATS supports US SEC regulations, enhances the ERC1400 standard, and includes features like KYC and smart contract customization.
Hedera Hashgraph has taken a significant leap forward in the blockchain space with the launch of its innovative Asset Tokenization Studio (ATS). This open-source toolkit is set to revolutionize the way real-world assets (RWAs) are tokenized, offering enhanced functionality, security, and compliance features.
ATS: A Comprehensive Solution for Tokenizing Real-World Assets
The new Asset Tokenization Studio is designed as an all-in-one solution for institutions, regulatory bodies, and developers. It supports the ERC1400 standard and ensures adherence to US Securities and Exchange Commission (SEC) regulations, making it a highly secure and compliant platform. Users can configure, issue, and manage RWAs seamlessly on the Hedera network.
1/3 📢 We’re excited to announce the #Hedera Asset #Tokenization Studio: the open-source, end-to-end toolkit for the configuration, issuance, and management of tokenized bonds and equities on the Hedera network.
— Hedera (@hedera) September 17, 2024
Explore: https://t.co/gt9HkLWkAB pic.twitter.com/H8OqIhxemH
Key Features and Compliance
ATS is notable for its extensive compliance features, supporting US SEC Regulation 506(b) and 506(c), as well as Regulation S. Regulation 506(b) allows companies to raise unlimited funds without general solicitation, including up to 35 non-accredited investors. Regulation 506(c) permits public advertising of securities offerings but restricts participation to accredited investors. Hedera aims to expand regulatory compliance to other jurisdictions, further enhancing the global applicability of the studio.
The platform also records the entire lifecycle of assets on-chain, ensuring comprehensive compliance and transparency. The integration of key features such as KYC, whitelisting, and regulatory compliance directly on the blockchain simplifies the management of RWAs.
Advanced Functionality and User Experience
The Asset Tokenization Studio extends the functionality of the ERC1400 standard by facilitating the easy management of metadata on the Hedera network. It offers a digital securities dashboard, enabling users to issue assets like bonds and equities with just a few clicks. The studio leverages an open-source SDK and provides audited, customizable smart contracts, saving developers significant time and costs.
ATS is designed with user-friendliness in mind, featuring numerous wallet integrations, including MetaMask, HashPack, and Blade Wallet. This makes it accessible and convenient for a wide range of users.
Hedera’s Commitment to Decentralization
Hedera Hashgraph’s recent initiatives underscore its commitment to decentralization and open-source development. The company became a founding Premier Member of the Linux Foundation’s Decentralized Trust initiative, contributing its entire source code and algorithms to the open-source foundation under the “Hiero” project.
Launched in 2018, Hedera Hashgraph continues to make strides in the blockchain space. Its native token, HBAR, currently has a market cap of $1.8 billion and is priced at $0.05011. The launch of the Asset Tokenization Studio represents a major advancement in the tokenization of real-world assets, offering a secure, compliant, and user-friendly solution for the blockchain community. With its innovative features and commitment to compliance, ATS is poised to set a new standard in the industry.