Hedera Launches Asset Tokenization Studio for Streamlined Bond and Equity Trading
Hedera made a significant announcement on Monday with the launch of its Asset Tokenization Studio. This open-source toolkit is designed to simplify the issuance, management, and trading of tokenized bonds and equities on the Hedera network.
The Asset Tokenization Studio aims to securely manage all asset details on-chain, reducing the risks associated with off-chain management seen in the basic ERC-1400 standard. With features such as bond coupons, stock dividends, whitelisting, and support for various regulatory frameworks, the toolkit provides a comprehensive solution for on-chain asset management.
“By lowering technical barriers to the tokenization of bonds and equities, along with the recording of their underlying data on ledger, the Asset Tokenization Studio will contribute to the growth of Hedera’s RWA ecosystem and facilitate the on-chain migration of capital markets with a focus on compliance,” said Dr. Sabrina Tachdjian, Head of Fintech and Payments at the HBAR Foundation.
Developed in collaboration with The HBAR Foundation, Hashgraph, RedSwan, and ioBuilders, the Asset Tokenization Studio targets financial institutions, enterprise issuers, and asset tokenization platforms seeking a user-friendly interface for testing and development of on-chain asset tokenization.
Carlos Matilla, CEO of ioBuilders, emphasized that the studio will speed up the adoption of distributed ledger technology (DLT) by offering standardized tools for managing digital assets. Edward Nwokedi from RedSwan highlighted the toolkit’s focus on compliance and lowering technical barriers to contribute to the growth of tokenized securities.
The Asset Tokenization Studio provides a WebUI for testing and a TypeScript SDK for deployment, both open-source under an Apache 2.0 license, with the code available on GitHub. The SDK supports a full range of token operations and is compatible with MetaMask and Hedera WalletConnect for transaction signing.
“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,” Dr. Sabrina noted.