Professional Documents
Culture Documents
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3 E DITI
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How often do you see an entirely new indu- and have to help create it themselves while
stry being born and growing up right in front trying to stay alive. A line of these companies
of your eyes? died on their way to the summit and beca-
me our industry’s first real Glorious Failures.
At The Tokenizer, we have had that privilege Companies like the US issuance platform Har-
since we launched our platform at the begin- bor, the German issuance platform Neufund,
ning of 2019. Back then, the circles were nar- the UK-based trading platform Currency.com
row, and all the company names of the entire and Hong Kong-based Liquefy are just a few
asset tokenization industry could easily have of the projects founded on great ideas, but
The birth
been written on the back of an envelope. And for different reasons without the necessary
for the same reason, producing an industry stamina to survive in the long run.
guide at that time seemed like overkill.
But thanks to the avant-garde, the industry
But not anymore. So much has happened, was started, and despite the fallen ones, the
of a star
so much work has been done, and so many total number of industry players is rising day
new players have entered the industry. The by day, and now, in 2023, an industry guide
number of issuance platforms alone should has become a necessary tool if you want to
be counted in hundreds today, and the same obtain an overview of the players and the
goes for various service providers globally. action. So far, there hasn’t been such a guide,
Even though most players in the industry are and that’s why The Tokenizer is happy and
impatiently waiting for asset tokenization to proud to present to you the first edition of
show its full potential, the increase in interest The Who’s Who Guide of asset tokenization
and acceleration during the recent year has by The Tokenizer.
been significant.
The Who’s Who Guide offers you all the infor-
As something new, we now see how almost mation needed to find your way around the
all the large consulting firms, as well as the industry. Hundreds of professionals from all
big international financial institutions, are relevant categories of players are listed and
publishing colorful promising reports about easy to find.
the future of tokenization - like BCG, McKin-
sey, Goldman Sach, Deutsche Bank, Blackrock This 2023 edition will be followed by a new
and many more. This is all great news for our and updated version each year from now on,
industry because it helps grab the attention and it’s going to be very interesting to see
of the broad global capital and investment how much the guide has grown in five and
market and the hundreds of thousands of ten years from now.
companies worldwide that our industry will
eventually be geared to serve. Happy reading!
2 3
How often do you see an entirely new indu- and have to help create it themselves while
stry being born and growing up right in front trying to stay alive. A line of these companies
of your eyes? died on their way to the summit and beca-
me our industry’s first real Glorious Failures.
At The Tokenizer, we have had that privilege Companies like the US issuance platform Har-
since we launched our platform at the begin- bor, the German issuance platform Neufund,
ning of 2019. Back then, the circles were nar- the UK-based trading platform Currency.com
row, and all the company names of the entire and Hong Kong-based Liquefy are just a few
asset tokenization industry could easily have of the projects founded on great ideas, but
The birth
been written on the back of an envelope. And for different reasons without the necessary
for the same reason, producing an industry stamina to survive in the long run.
guide at that time seemed like overkill.
But thanks to the avant-garde, the industry
But not anymore. So much has happened, was started, and despite the fallen ones, the
of a star
so much work has been done, and so many total number of industry players is rising day
new players have entered the industry. The by day, and now, in 2023, an industry guide
number of issuance platforms alone should has become a necessary tool if you want to
be counted in hundreds today, and the same obtain an overview of the players and the
goes for various service providers globally. action. So far, there hasn’t been such a guide,
Even though most players in the industry are and that’s why The Tokenizer is happy and
impatiently waiting for asset tokenization to proud to present to you the first edition of
show its full potential, the increase in interest The Who’s Who Guide of asset tokenization
and acceleration during the recent year has by The Tokenizer.
been significant.
The Who’s Who Guide offers you all the infor-
As something new, we now see how almost mation needed to find your way around the
all the large consulting firms, as well as the industry. Hundreds of professionals from all
big international financial institutions, are relevant categories of players are listed and
publishing colorful promising reports about easy to find.
the future of tokenization - like BCG, McKin-
sey, Goldman Sach, Deutsche Bank, Blackrock This 2023 edition will be followed by a new
and many more. This is all great news for our and updated version each year from now on,
industry because it helps grab the attention and it’s going to be very interesting to see
of the broad global capital and investment how much the guide has grown in five and
market and the hundreds of thousands of ten years from now.
companies worldwide that our industry will
eventually be geared to serve. Happy reading!
2 3
Towards acceleration of MJR: So many of these companies came from
neighbouring countries?
handful of people, and it has no practical use
for most of the crypto community that would
like to see, for example, security token ex-
So I am not that confident that we will see OV: No, not yet. But I think the regulator will MJR: But you still do believe that, eventually,
secondary markets for security tokens emer- eventually state that true decentralization the secondary market will open up and acce-
ge in 2023 or 2024. I believe it’s going to take means you do not have legal relationships lerate, right?
a bit longer. And I don’t think the Pilot Regime between the participants who are using a
will bring about a significant change. protocol. If you look at how lending is often OV: Eventually, it will. I’ve been a bit overly
done in practice, there’s an intermediary; you optimistic in the past ever since we got crypto
Another major discussion currently in Austria provide liquidity, which is then managed or in the form of virtual currencies. Back in 2016
revolves around DeFi. When is a DeFi proje- passed on. And you can easily pinpoint enti- I expected Austrian banks to offer accounts
ct truly decentralized? In the sense that you ties that form legal relationships in many of denominated in bitcoin by 2021. Things take
cannot view a smart contract as a part or those setups. time. Now I try to stay a bit pessimistic and
mere tool of a company offering a service. be happily surprised if it all develops quicker.
The key to true decentralization is to elimina-
Why do I bring this up? Because decentrali- te all these legal relationships. But you need To speed things up, we need a general shift
zed systems, decentralized exchanges, and a lot of legal and technical engineering to in thinking, and we probably need a younger
6 7
MJR: What should be done instead of the DLT decentralized protocols for services that make this work. However, there are solutions, generation in CEO positions who have grown
Pilot Regime or in addition? otherwise would be considered to require a and we know that the Austrian regulator also up with the technology and understand that
license can indeed be built without requiring sees it this way. we need to focus on it and invest in it. Unless
OV: That’s the question, what to do about licenses or being supervised. this happens, progress will not be made at
it? It’s a first step for the EU to introduce the MJR: Returning to what you said about the the pace actually possible.
Pilot Regime, but I don’t think it’s going to An example is one of our clients, an Austri- secondary market. You doubt that it will take
change a lot. Deregulation is probably the an company with U.S. roots called Morpher. off in 2023, right? MJR: And you most likely find no young CEOs
way forward, but that will not happen anyti- They have created a set of smart contracts in the current landscape of European CSDs…
me soon. and are operating an oracle. The data fed OV: Yes, I doubt that. We need people to find
to the smart contracts can be anything like clever ways to circumvent existing regula- OV: Because of the Pilot Regime? No, I
Anybody interested should look very closely price data for underlyings, and you can use tions because it’s simply unsuitable. Or we wouldn’t know of any, but if there is one out
at what the law stipulates regarding recep- their token to interact with the smart contra- find innovative ways of utilizing regulation there who is reading this interview by any
tion and transmission of orders, execution cts and create what they call a virtual future. that can easily be followed, such as a limited means, please contact me.
of orders on behalf of clients and dealing on This virtual future accepts your bets on price MiFID license involving reception and trans-
own account under MiFID II because it’s ac- developments, and whenever you close the mission of orders as I said before. That’s not
tually possible to emulate what an exchange future and you are correct in your bet, the that big of a deal compared to operating an
does without having to be an exchange. virtual future creates new tokens. But if you MTF or OTF which is possilble only under the
are not correct, it destroys your tokens. We Pilot Regime anyway.
There is a project in Austria, Assetera, which have advised on how to build this system to
also takes part in the Austrian regulatory be truly decentralized, and it’s now built in a It will either be those smart guys or others
sandbox hosted by the Austrian FMA. They way that the Austrian regulator also accepts that come up with usable, decentralized se-
aim to establish something like a securities it as a truly decentralized system that is not condary market structures which are genui-
tokens exchange without being an MTF or subject to regulation. nely decentralized in the previously discussed
OTF. There are a few other projects like this sense. I don’t think it will have anything to do
one. At the moment it is rather a struggle to MJR: Have the Austrian regulators tried to with the DLT Pilot Regime or MiCA [Markets
find loopholes to build something useful that come up with a definition of ’truly decentrali- in Crypto-Assets Regulation], which doesn’t
doesn’t violate the laws. zed’? cover it anyway.
So I am not that confident that we will see OV: No, not yet. But I think the regulator will MJR: But you still do believe that, eventually,
secondary markets for security tokens emer- eventually state that true decentralization the secondary market will open up and acce-
ge in 2023 or 2024. I believe it’s going to take means you do not have legal relationships lerate, right?
a bit longer. And I don’t think the Pilot Regime between the participants who are using a
will bring about a significant change. protocol. If you look at how lending is often OV: Eventually, it will. I’ve been a bit overly
done in practice, there’s an intermediary; you optimistic in the past ever since we got crypto
Another major discussion currently in Austria provide liquidity, which is then managed or in the form of virtual currencies. Back in 2016
revolves around DeFi. When is a DeFi proje- passed on. And you can easily pinpoint enti- I expected Austrian banks to offer accounts
ct truly decentralized? In the sense that you ties that form legal relationships in many of denominated in bitcoin by 2021. Things take
cannot view a smart contract as a part or those setups. time. Now I try to stay a bit pessimistic and
mere tool of a company offering a service. be happily surprised if it all develops quicker.
The key to true decentralization is to elimina-
Why do I bring this up? Because decentrali- te all these legal relationships. But you need To speed things up, we need a general shift
zed systems, decentralized exchanges, and a lot of legal and technical engineering to in thinking, and we probably need a younger
6 7
INX
Security Token &
CONTENT Crypto Asset Exchange
EXCHANGES 9
Country: Gibraltar
Sometimes it’s cool to be a boring boy scout 18 Founding year: 2017
Founders: Shy Datika
CUSTODIANS 20 Regulator: SEC,FINRA/SIPC
EXCHANGES
Listings News News
HIGHLIGHTS
8 9
INX
Security Token &
CONTENT Crypto Asset Exchange
EXCHANGES 9
Country: Gibraltar
Sometimes it’s cool to be a boring boy scout 18 Founding year: 2017
Founders: Shy Datika
CUSTODIANS 20 Regulator: SEC,FINRA/SIPC
EXCHANGES
Listings News News
HIGHLIGHTS
8 9
EXCHANGES
Assetera GmbH
Digital Assets & Digital
NAME TAGLINE LOCATION REGULATOR
Securities Exchange
Digital Securities
ADDX Exchange Singapore MAS
(Private Markets) Links News Tracker
Country: Austria
Tokenized Sports Asset Saint Vincent and Financial Founding year: 2022
AllStars Trader Founders: Thomas Labenbacher
Exchange the Grenadines Services
Links News Tracker
Regulator: EU/EEA , FMA
Alternative Assets
Alta Exchange Singapore MAS Additional Stats: ASSETERA GmbH was the first entity to be granted a licence by
(Incl. Tokenized Securities) Links News Tracker the FMA to establish a digital trading platform for the distribution of tokenised
financial instruments based on blockchain technology. Assetera is authorised as
a licensed investment firm as defined in Article 3 of the Securities Supervision Act
Archax Digital Securities Exchange UK FCA 2018, making Assetera your trustworthy partner in the new area of asset tokenizati-
Links News Tracker
on, trading and management.
Mailto: office-if@assetera.com
Digital Assets & Digital
Assetera Austria EU/EEA , FMA
Securities Exchange
Links News Tracker
Type: Exchange
Contact: Thomas Labenbacher
Contact mail: thomas@assetera.com
Bequant Digital Asset Exchange Malta MFSA Country: Austria
Links News Tracker Geographical coverage: EU
Website: assetera.com/
Digital Securities
Bex Mauritius FSC Mauritius
Exchange SERVICES:
Links News Tracker
Assetera is a regulated platform for digital securities in the EU. The Assetera plat-
form enables the issuance, purchase, sale and custody of digital securities. With its
Blackmoon Crypto Assets Exchange Cayman Islands CIMA know-how from the banking and financial world, the management combines the
Links News Tracker interests of issuers and investors alike
Digital Securities
Bnk To The Future (Security Token) USA SEC
Exchange Links News Tracker
EXCHANGES
EXCHANGES
Tokenized Real Estate
Bonfire DAO USA SEC
Exchange
Links News Tracker
Digital Securities
CSE Canada FCAC Listings News News
Exchange HIGHLIGHTS
10 Links News Tracker 11
EXCHANGES
Assetera GmbH
Digital Assets & Digital
NAME TAGLINE LOCATION REGULATOR
Securities Exchange
Digital Securities
ADDX Exchange Singapore MAS
(Private Markets) Links News Tracker
Country: Austria
Tokenized Sports Asset Saint Vincent and Financial Founding year: 2022
AllStars Trader Founders: Thomas Labenbacher
Exchange the Grenadines Services
Links News Tracker
Regulator: EU/EEA , FMA
Alternative Assets
Alta Exchange Singapore MAS Additional Stats: ASSETERA GmbH was the first entity to be granted a licence by
(Incl. Tokenized Securities) Links News Tracker the FMA to establish a digital trading platform for the distribution of tokenised
financial instruments based on blockchain technology. Assetera is authorised as
a licensed investment firm as defined in Article 3 of the Securities Supervision Act
Archax Digital Securities Exchange UK FCA 2018, making Assetera your trustworthy partner in the new area of asset tokenizati-
Links News Tracker
on, trading and management.
Mailto: office-if@assetera.com
Digital Assets & Digital
Assetera Austria EU/EEA , FMA
Securities Exchange
Links News Tracker
Type: Exchange
Contact: Thomas Labenbacher
Contact mail: thomas@assetera.com
Bequant Digital Asset Exchange Malta MFSA Country: Austria
Links News Tracker Geographical coverage: EU
Website: assetera.com/
Digital Securities
Bex Mauritius FSC Mauritius
Exchange SERVICES:
Links News Tracker
Assetera is a regulated platform for digital securities in the EU. The Assetera plat-
form enables the issuance, purchase, sale and custody of digital securities. With its
Blackmoon Crypto Assets Exchange Cayman Islands CIMA know-how from the banking and financial world, the management combines the
Links News Tracker interests of issuers and investors alike
Digital Securities
Bnk To The Future (Security Token) USA SEC
Exchange Links News Tracker
EXCHANGES
EXCHANGES
Tokenized Real Estate
Bonfire DAO USA SEC
Exchange
Links News Tracker
Digital Securities
CSE Canada FCAC Listings News News
Exchange HIGHLIGHTS
10 Links News Tracker 11
EXCHANGES
Financial Services
Tokenized Securities & Saint Vincent and Authority of Saint Security Token
Currency.com IX Swaps Singapore MAS
Crypto Exchange the Grenadines Vincent and the Exchange
Grenadines Links News Tracker Links News Tracker
Financial Market
Tokenized Assets Tokenized Assets
Dibbs USA SEC LCX Liechtenstein Authority of Liech-
Exchange Exchange tenstein
Links News Tracker Links News Tracker
The Securities
Security Token Security Token
Fusang Malaysia Commission NYSTX USA SEC
Exchange Exchange
Malaysia Links News Tracker Links News Tracker
The Securities
Digital Asset Digital Asset Securities SEC, FINRA/
Green-X Malaysia Commission Oasis Pro Markets USA
Exchange Exchange SIPC
Malaysia Links News Tracker Links News Tracker
EXCHANGES
Tokenized Assets Digital Asset
HGX USA SEC OKX Seyschelles FSAS
Exchange Exchange
Links News Tracker Links News Tracker
Financial Services
Tokenized Securities & Saint Vincent and Authority of Saint Security Token
Currency.com IX Swaps Singapore MAS
Crypto Exchange the Grenadines Vincent and the Exchange
Grenadines Links News Tracker Links News Tracker
Financial Market
Tokenized Assets Tokenized Assets
Dibbs USA SEC LCX Liechtenstein Authority of Liech-
Exchange Exchange tenstein
Links News Tracker Links News Tracker
The Securities
Security Token Security Token
Fusang Malaysia Commission NYSTX USA SEC
Exchange Exchange
Malaysia Links News Tracker Links News Tracker
The Securities
Digital Asset Digital Asset Securities SEC, FINRA/
Green-X Malaysia Commission Oasis Pro Markets USA
Exchange Exchange SIPC
Malaysia Links News Tracker Links News Tracker
EXCHANGES
Tokenized Assets Digital Asset
HGX USA SEC OKX Seyschelles FSAS
Exchange Exchange
Links News Tracker Links News Tracker
Security Token
Poloniex Digital Asset Exchange USA SEC TDX Switzerland FINMA
Exchange
Links News Tracker Links News Tracker
Alternative Trading
Digital Securities SEC, FINRA/
Rialto Markets System (Incl. Digital USA SEC tZero USA
Exchange SIPC
Securities) Links News Tracker Links News Tracker
Digital Securities
SDX Switzerland FINMA
Exchange
Links News Tracker
Security Token
Securitize USA SEC
Exchange
Links News Tracker
EXCHANGES
EXCHANGES
ADGM Financial
Securrency Tokenized Securities Services
UAE
Capital Exchange Regulatory
Authority Links News Tracker
Security Token
Stobox USA SEC
Exchange
Links News Tracker
Security Token
Stokr Luxembourg CSSF
Exchange
14 Links News Tracker 15
EXCHANGES
Security Token
Poloniex Digital Asset Exchange USA SEC TDX Switzerland FINMA
Exchange
Links News Tracker Links News Tracker
Alternative Trading
Digital Securities SEC, FINRA/
Rialto Markets System (Incl. Digital USA SEC tZero USA
Exchange SIPC
Securities) Links News Tracker Links News Tracker
Digital Securities
SDX Switzerland FINMA
Exchange
Links News Tracker
Security Token
Securitize USA SEC
Exchange
Links News Tracker
EXCHANGES
EXCHANGES
ADGM Financial
Securrency Tokenized Securities Services
UAE
Capital Exchange Regulatory
Authority Links News Tracker
Security Token
Stobox USA SEC
Exchange
Links News Tracker
Security Token
Stokr Luxembourg CSSF
Exchange
14 Links News Tracker 15
16
EXCHANGES
The Token RegRadar
The Token
RegRadar
Sometimes it’s cool to
be a boring boy scout
By Michael Juul Rugaard, The Tokenizer
Why the crypto winter and the FTX meltdown are not really
consequential for the security token industry
If you are a top-notch specialist in all the nu- creatures born as decentralised peer-to-peer But why is it important to underline these value, built atop a robust, scalable infrastruc-
ances of the crypto and token market, don’t payment solutions that eventually turned into differences between segregated parts of the ture, and designed to enhance the traditional
waste your valuable time reading this. But if a highly volatile non-backed, partly unregu- crypto, token or digital asset space? Becau- ecosystem versus trying to replace it. On-chain
you – like most of us – sometimes get confu- lated asset class, security tokens are totally se people often tend to mix them up – and asset tokenization is one such blockchain-based
sed about whether and how incidents in one different. nobody can blame them! – and because application, with the potential to dramatically
part of the space can influence another part, incidents in one part of the space tend to unlock liquidity, access and choice for multiple
this may be relevant to you. The security token is the neat and tidy, slight- scare people in another part, even if there’s investment instruments at scale, especially for
ly boring boy scout of the tokens that always no reason. those assets that are traditionally illiquid.”
What just ten years ago was a relatively simp- takes pride in being regulated and compliant.
le and homogeneous space populated only No attempt here to fly under the regulatory I don’t want to point fingers at the cryp- However, when something like the meltdown
by Bitcoin and a small number of altcoins radar. On the contrary, the security token tocurrency community – I have made small of FTX happens and when investors start lo-
today has grown highly multifarious. Actual- was born out of the very need for (self)regu- investments in cryptocurrencies too! – but sing lots of money on cryptocurrency invest-
ly, it’s a stretch to even talk about one space lation. The security token is a security and it’s important to remember the qualitative ments, the initial and very human reaction in
anymore since the qualitative differences in makes a virtue out of necessity. The security differences between a cryptocurrency and a all parts of the crypto, token or digital asset
technologies, solutions, strategies, and visi- token is always backed by some kind of asset security token, which means that not even a space is nervousness.
ons have grown too big, and the actors (com- with a value, and it’s issued and traded ac- drawn-out Sibirian-like crypto winter ought
panies and people) in different parts of the cording to applicable laws and regulations. to influence what’s going on in the securi- But the simple point here is to remember
space are living and breathing in separated Investors in security tokens can take comfort ty token industry – at least in theory! There that besides the psychological influence that
ecosystems to the degree that you might talk in the fact that the security token itself, as is no direct connection, and in fact, Boston the crypto winter and a scandalous incident
about different industries. well as all the entities around it – issuance Consulting Group (BCG), in their report from like the FTX case have, we are talking about
platforms, exchanges, custodians etc. – are all September 2022, Relevance of on-chain asset segregated ecosystems. The security token
Two examples that I am particularly intere- regulated and supervised. This should ensure tokenization in ‘crypto winter’, pointed out industry has its own share of challenges and
sted in here are cryptocurrencies and securi- that any malpractice is identified swiftly and that the cryptocurrency crypto winter could barriers to overcome in order to accelerate
ty tokens. To what extent do they represent the responsible are held accountable. The actually turn out to benefit the security to- and bloom – and what is happening in the
separate sub-spaces and industries with se- market value of the tokenized asset may – of ken industry because investors eventually cryptocurrency space should not be included
parate markets, market players, and types of course – fluctuate, as we know from the stock would walk away from extreme volatility and since it’s simply not relevant.
clients? The answer is: To a very large extent. markets. look for less risky investments in the security
And to what extent are the two sub-spaces token space.
interconnected in the sense that an event At The Tokenizer, we have always focused on
in one part has a direct consequence in the security tokens, not because we want to be “Consequently, the capital-constrained environ-
other part? To a fairly low extent – OR…? boy scouts but because we believe security ment would act as a forcing function to even-
Historically, they both go back to Nakamo- tokens are the most promising application of tually channel capital and talent pool to viable
to’s whitepaper and the development of the blockchain technology ever to see the light of blockchain applications and DeFi projects. These
underlying blockchain technology. But while day. projects should be able to demonstrate inherent
cryptocurrencies are still these rather odd
18 19
Sometimes it’s cool to
be a boring boy scout
By Michael Juul Rugaard, The Tokenizer
Why the crypto winter and the FTX meltdown are not really
consequential for the security token industry
If you are a top-notch specialist in all the nu- creatures born as decentralised peer-to-peer But why is it important to underline these value, built atop a robust, scalable infrastruc-
ances of the crypto and token market, don’t payment solutions that eventually turned into differences between segregated parts of the ture, and designed to enhance the traditional
waste your valuable time reading this. But if a highly volatile non-backed, partly unregu- crypto, token or digital asset space? Becau- ecosystem versus trying to replace it. On-chain
you – like most of us – sometimes get confu- lated asset class, security tokens are totally se people often tend to mix them up – and asset tokenization is one such blockchain-based
sed about whether and how incidents in one different. nobody can blame them! – and because application, with the potential to dramatically
part of the space can influence another part, incidents in one part of the space tend to unlock liquidity, access and choice for multiple
this may be relevant to you. The security token is the neat and tidy, slight- scare people in another part, even if there’s investment instruments at scale, especially for
ly boring boy scout of the tokens that always no reason. those assets that are traditionally illiquid.”
What just ten years ago was a relatively simp- takes pride in being regulated and compliant.
le and homogeneous space populated only No attempt here to fly under the regulatory I don’t want to point fingers at the cryp- However, when something like the meltdown
by Bitcoin and a small number of altcoins radar. On the contrary, the security token tocurrency community – I have made small of FTX happens and when investors start lo-
today has grown highly multifarious. Actual- was born out of the very need for (self)regu- investments in cryptocurrencies too! – but sing lots of money on cryptocurrency invest-
ly, it’s a stretch to even talk about one space lation. The security token is a security and it’s important to remember the qualitative ments, the initial and very human reaction in
anymore since the qualitative differences in makes a virtue out of necessity. The security differences between a cryptocurrency and a all parts of the crypto, token or digital asset
technologies, solutions, strategies, and visi- token is always backed by some kind of asset security token, which means that not even a space is nervousness.
ons have grown too big, and the actors (com- with a value, and it’s issued and traded ac- drawn-out Sibirian-like crypto winter ought
panies and people) in different parts of the cording to applicable laws and regulations. to influence what’s going on in the securi- But the simple point here is to remember
space are living and breathing in separated Investors in security tokens can take comfort ty token industry – at least in theory! There that besides the psychological influence that
ecosystems to the degree that you might talk in the fact that the security token itself, as is no direct connection, and in fact, Boston the crypto winter and a scandalous incident
about different industries. well as all the entities around it – issuance Consulting Group (BCG), in their report from like the FTX case have, we are talking about
platforms, exchanges, custodians etc. – are all September 2022, Relevance of on-chain asset segregated ecosystems. The security token
Two examples that I am particularly intere- regulated and supervised. This should ensure tokenization in ‘crypto winter’, pointed out industry has its own share of challenges and
sted in here are cryptocurrencies and securi- that any malpractice is identified swiftly and that the cryptocurrency crypto winter could barriers to overcome in order to accelerate
ty tokens. To what extent do they represent the responsible are held accountable. The actually turn out to benefit the security to- and bloom – and what is happening in the
separate sub-spaces and industries with se- market value of the tokenized asset may – of ken industry because investors eventually cryptocurrency space should not be included
parate markets, market players, and types of course – fluctuate, as we know from the stock would walk away from extreme volatility and since it’s simply not relevant.
clients? The answer is: To a very large extent. markets. look for less risky investments in the security
And to what extent are the two sub-spaces token space.
interconnected in the sense that an event At The Tokenizer, we have always focused on
in one part has a direct consequence in the security tokens, not because we want to be “Consequently, the capital-constrained environ-
other part? To a fairly low extent – OR…? boy scouts but because we believe security ment would act as a forcing function to even-
Historically, they both go back to Nakamo- tokens are the most promising application of tually channel capital and talent pool to viable
to’s whitepaper and the development of the blockchain technology ever to see the light of blockchain applications and DeFi projects. These
underlying blockchain technology. But while day. projects should be able to demonstrate inherent
cryptocurrencies are still these rather odd
18 19
CUSTODIANS
Taurus SA
Build your digital asset advantage NAME TAGLINE LOCATION
Additional Stats:
Raised USD 65 million Series B from strategic investors Bakkt Technology that connects commerce USA
Links News Tracker
custody and trade any digital assets: cryptocurrencies including staking, tokenized
assets and digital currencies. With more than 60% market share in Switzerland, it is BNY Mellon Consider Everything USA
also the European leader in the banking segment, entrusted by the full spectrum of Links News Tracker
financial institutions: systemic banks, universal banks, online banks, crypto-banks,
private banks, and broker-dealers. Taurus also operates a regulated marketplace
Leading Qualified Custodian
for private assets and tokenized securities. Cactus Custody
for Digital Assets
Singapore
Links News Tracker
” With Taurus, we have found a partner for our storage and tokenization solution that
shares our ambitions to deliver best-in-class services and that meets our demanding
technological requirements.” Coinbase Custody Custody for crypto-forward institutions USA
Guido Buehler. CEO of SEBA Bank AG Links News Tracker
CUSTODIANS
Custodigit Your gateway to a digital asset offering Switzerland
Links News Tracker
Taurus SA
Build your digital asset advantage NAME TAGLINE LOCATION
Additional Stats:
Raised USD 65 million Series B from strategic investors Bakkt Technology that connects commerce USA
Links News Tracker
custody and trade any digital assets: cryptocurrencies including staking, tokenized
assets and digital currencies. With more than 60% market share in Switzerland, it is BNY Mellon Consider Everything USA
also the European leader in the banking segment, entrusted by the full spectrum of Links News Tracker
financial institutions: systemic banks, universal banks, online banks, crypto-banks,
private banks, and broker-dealers. Taurus also operates a regulated marketplace
Leading Qualified Custodian
for private assets and tokenized securities. Cactus Custody
for Digital Assets
Singapore
Links News Tracker
” With Taurus, we have found a partner for our storage and tokenization solution that
shares our ambitions to deliver best-in-class services and that meets our demanding
technological requirements.” Coinbase Custody Custody for crypto-forward institutions USA
Guido Buehler. CEO of SEBA Bank AG Links News Tracker
CUSTODIANS
Custodigit Your gateway to a digital asset offering Switzerland
Links News Tracker
GK8 The ultimate protection for digital assets Israel Manage Token Manage NFT Create Token Sale
Links News Tracker
CUSTODIANS
CUSTODIANS
Multisend Token Multisend NFT Manage Token Sale
Hex Trust Digital asset custody meets innovation Hong Kong
Links News Tracker
GK8 The ultimate protection for digital assets Israel Manage Token Manage NFT Create Token Sale
Links News Tracker
CUSTODIANS
CUSTODIANS
Multisend Token Multisend NFT Manage Token Sale
Hex Trust Digital asset custody meets innovation Hong Kong
Links News Tracker
Ledger Enterprise
Securing web3 at scale for companies France Sygnum The world's first digital asset bank Switzerland
Solutions
Links News Tracker Links News Tracker
Onchain
The absolute safe for digital asset Singapore Tetra Trust Trusted digital asset custody Canada
Custodian
Links News Tracker Links News Tracker
CUSTODIANS
Open & transparent digital asset s
Safeheron Singapore
elf-custody platform
Links News Tracker
Ledger Enterprise
Securing web3 at scale for companies France Sygnum The world's first digital asset bank Switzerland
Solutions
Links News Tracker Links News Tracker
Onchain
The absolute safe for digital asset Singapore Tetra Trust Trusted digital asset custody Canada
Custodian
Links News Tracker Links News Tracker
CUSTODIANS
Open & transparent digital asset s
Safeheron Singapore
elf-custody platform
Links News Tracker
Country: Spain
Founding year: 2018
Key Personnel: CEO Edwin Mata
COO Yassir Haouati
CRO Ludovico Rossi
CMO Bram Duindam
CTO Felipe D´Onofrio
CFO Pedro Sandoval
Additional Stats: Token Suite dApp Released +$1.7M in tokenized Equity for Clients
$2.000.000 Community Funding Round
+$570M pipeline of projects ready to be tokenized
Mail to: hello@brickken.com
Address: Calle Llacuna 162, 308, Barcelona, Barcelona, ES
Listings News
26
The RegCheck Service Suite
The RegCheck
Service Suite
ISSUANCE PLATFORMS
STOBOX
Top-tier turnkey tokenization
service provider NAME TAGLINE LOCATION
Stobox provides turn-key tokenization services along with consulting and legal sup-
port. The platform is equipped with a DS Dashboard, DS Swap and Soulb ID. Their Bitbond radically improves the issuance,
Bitbond settlement and custody of financial assets Germany
Tokenization services range from real estate tokenization, energy tokenization and with blockchain technology Links News Tracker
tokenization for financial services.
”One of the things I liked about Stobox was the flexibility and capability of adapting to Black Manta Tokenization as a service Germany
our specific needs, to take into account out timing and structure to personalize a Links News Tracker
ISSUANCE PLATFORMS
Links News Tracker
Listings News News Cashlink The infrastructure for tokenized assets Germany
HIGHLIGHTS
Links News Tracker
28 29
ISSUANCE PLATFORMS
STOBOX
Top-tier turnkey tokenization
service provider NAME TAGLINE LOCATION
Stobox provides turn-key tokenization services along with consulting and legal sup-
port. The platform is equipped with a DS Dashboard, DS Swap and Soulb ID. Their Bitbond radically improves the issuance,
Bitbond settlement and custody of financial assets Germany
Tokenization services range from real estate tokenization, energy tokenization and with blockchain technology Links News Tracker
tokenization for financial services.
”One of the things I liked about Stobox was the flexibility and capability of adapting to Black Manta Tokenization as a service Germany
our specific needs, to take into account out timing and structure to personalize a Links News Tracker
ISSUANCE PLATFORMS
Links News Tracker
Listings News News Cashlink The infrastructure for tokenized assets Germany
HIGHLIGHTS
Links News Tracker
28 29
ISSUANCE PLATFORMS
Additional Stats:
Team members: Ed Nwokedi, Founder and CEO, Crowd For Angels
We raise capital through offering Shares,
UK
Bonds & Digitalised Assets
Simon Herrmann, Director of Sales, Links News Tracker
Don Oparah, Head of Technology,
Dan Connolly, VP of Strategy
We can help you tokenize existing assets
Sandy Ibanez, VP Operations CrowdEngine
or raise capital.
USA
Mailto: ed@redswan.io, sandy@redswan.io Links News Tracker
Website: redswan.io
Frictionless, intelligent venture investing
DealBox USA
SERVICES: for the digital age.
Links News Tracker
RedSwan CRE is a blockchain real estate marketplace for investors to find high-qu-
ality real estate investment opportunities. RedSwan is the compliant industry stan-
dard for tokenized real estate solutions. We tokenize shares of real estate equity Finding a better way for capital raise and
Definder UK
investments.
and debt and help our sponsors leverage the RedSwan CRE community of global Links News Tracker
investors to raise capital for liquidity. Our marketplace makes it easy, convenient,
and fast for investors to invest.
Digishares Digital Shares for the World Denmark
Links News Tracker
ISSUANCE PLATFORMS
Applications.
Links News Tracker
Additional Stats:
Team members: Ed Nwokedi, Founder and CEO, Crowd For Angels
We raise capital through offering Shares,
UK
Bonds & Digitalised Assets
Simon Herrmann, Director of Sales, Links News Tracker
Don Oparah, Head of Technology,
Dan Connolly, VP of Strategy
We can help you tokenize existing assets
Sandy Ibanez, VP Operations CrowdEngine
or raise capital.
USA
Mailto: ed@redswan.io, sandy@redswan.io Links News Tracker
Website: redswan.io
Frictionless, intelligent venture investing
DealBox USA
SERVICES: for the digital age.
Links News Tracker
RedSwan CRE is a blockchain real estate marketplace for investors to find high-qu-
ality real estate investment opportunities. RedSwan is the compliant industry stan-
dard for tokenized real estate solutions. We tokenize shares of real estate equity Finding a better way for capital raise and
Definder UK
investments.
and debt and help our sponsors leverage the RedSwan CRE community of global Links News Tracker
investors to raise capital for liquidity. Our marketplace makes it easy, convenient,
and fast for investors to invest.
Digishares Digital Shares for the World Denmark
Links News Tracker
ISSUANCE PLATFORMS
Applications.
Links News Tracker
ISSUANCE PLATFORMS
Links News Tracker
ISSUANCE PLATFORMS
Links News Tracker
PixelPlex Client focused, result driven. USA Securrency Global liquidity & financial freedom for all USA
Links News Tracker Links News Tracker
Polymesh A blockchain for securities Switzerland StartEngine Invest in startups and build your portfolio. USA
Links News Tracker Links News Tracker
RealBlocks Streamlined Investing for Private Markets USA Swarm Your tokenization toolkit USA
Links News Tracker Links News Tracker
Realtize LLC Future of digital asset platform USA Taurus Build your digital asset advantage Switzerland
Links News Tracker Links News Tracker
Real Estate
Red Swan USA Tokenization Templum Reimagining modern marketplaces USA
ISSUANCE PLATFORMS
ISSUANCE PLATFORMS
Services Links News Tracker Links News Tracker
Reitium The future of real estate investing is here. Canada Tokel Create NFTs and tokens easily USA
Links News Tracker Links News Tracker
Access the most exclusive asset class in Digital assets marketplace for investors,
Securitize USA Token City Spain
the world - private markets. unlisted companies and asset managers.
Links News Tracker Links News Tracker
34 35
ISSUANCE PLATFORMS
PixelPlex Client focused, result driven. USA Securrency Global liquidity & financial freedom for all USA
Links News Tracker Links News Tracker
Polymesh A blockchain for securities Switzerland StartEngine Invest in startups and build your portfolio. USA
Links News Tracker Links News Tracker
RealBlocks Streamlined Investing for Private Markets USA Swarm Your tokenization toolkit USA
Links News Tracker Links News Tracker
Realtize LLC Future of digital asset platform USA Taurus Build your digital asset advantage Switzerland
Links News Tracker Links News Tracker
Real Estate
Red Swan USA Tokenization Templum Reimagining modern marketplaces USA
ISSUANCE PLATFORMS
ISSUANCE PLATFORMS
Services Links News Tracker Links News Tracker
Reitium The future of real estate investing is here. Canada Tokel Create NFTs and tokens easily USA
Links News Tracker Links News Tracker
Access the most exclusive asset class in Digital assets marketplace for investors,
Securitize USA Token City Spain
the world - private markets. unlisted companies and asset managers.
Links News Tracker Links News Tracker
34 35
ISSUANCE PLATFORMS
BitBond
Bitbond radically improves the issuance,
NAME TAGLINE LOCATION settlement and custody of financial
assets with blockchain technology
On demand SaaS distributed ledger
Token IQ USA
platform for asset tokenization
Links News Tracker
Country: Germany
We solve business problems using
Founding year: 2013
TokenD Ukraine Founders: Radoslav Albrecht (CEO)
Blockchain and Distributed Technologies
Links News Tracker
Additional Stats: Total tokenized market cap estimated at 10% of global GDP by
Making private markets public. Security
Token Funder token investing and trading platform for Canada 2030. Tokenization of global illiquid assets estimated to be a $16 trillion business
everyone. Links News Tracker opportunity by 2030.
Transforming global capital markets by SERVICES: Bitbond enables users to tokenize their assets through its tokenization
TAP empowering businesses using digital USA software while offering professional services around asset tokenization, Web 3.0
securities Links News Tracker and digital asset custody.
A fair-launch platform for web3 “The tokenization of assets has great potential for the banking industry. We use Bitbond’s
Tokensoft USA
projects & communities Token Tool to redesign our issuance processes and bring the full asset lifecycle on chain.”
Links News Tracker
by Gernot Prettenthaler | RBI Blockchain Hub Lead at Raiffeisen Bank International
The Compliance Infrastructure for “Token Tool provided us with quick and easy solutions for all challenges we faced while
Tokeny Luxembourg
Digital Assets
Links News Tracker launching our first ever NFT collection. Thanks to the straightforward workflows we were
able to create NFTs at the click of a button.”
by Amelia Riley | Lead Manager at EXL
tZERO Democratizing markets through innovation USA
Links News Tracker
ISSUANCE PLATFORMS
Links News Tracker
VNX One-of-a-kind platform for tokenized asset Luxembourg Listings News News
HIGHLIGHTS
36 Links News Tracker 37
ISSUANCE PLATFORMS
BitBond
Bitbond radically improves the issuance,
NAME TAGLINE LOCATION settlement and custody of financial
assets with blockchain technology
On demand SaaS distributed ledger
Token IQ USA
platform for asset tokenization
Links News Tracker
Country: Germany
We solve business problems using
Founding year: 2013
TokenD Ukraine Founders: Radoslav Albrecht (CEO)
Blockchain and Distributed Technologies
Links News Tracker
Additional Stats: Total tokenized market cap estimated at 10% of global GDP by
Making private markets public. Security
Token Funder token investing and trading platform for Canada 2030. Tokenization of global illiquid assets estimated to be a $16 trillion business
everyone. Links News Tracker opportunity by 2030.
Transforming global capital markets by SERVICES: Bitbond enables users to tokenize their assets through its tokenization
TAP empowering businesses using digital USA software while offering professional services around asset tokenization, Web 3.0
securities Links News Tracker and digital asset custody.
A fair-launch platform for web3 “The tokenization of assets has great potential for the banking industry. We use Bitbond’s
Tokensoft USA
projects & communities Token Tool to redesign our issuance processes and bring the full asset lifecycle on chain.”
Links News Tracker
by Gernot Prettenthaler | RBI Blockchain Hub Lead at Raiffeisen Bank International
The Compliance Infrastructure for “Token Tool provided us with quick and easy solutions for all challenges we faced while
Tokeny Luxembourg
Digital Assets
Links News Tracker launching our first ever NFT collection. Thanks to the straightforward workflows we were
able to create NFTs at the click of a button.”
by Amelia Riley | Lead Manager at EXL
tZERO Democratizing markets through innovation USA
Links News Tracker
ISSUANCE PLATFORMS
Links News Tracker
VNX One-of-a-kind platform for tokenized asset Luxembourg Listings News News
HIGHLIGHTS
36 Links News Tracker 37
What is metaverse
real estate?
Jonas Kasper Jensen (JKJ): What is Crypto TN: The main difference, of course, is that in In the later stages of the construction, the TN: Virtual real estate development is very
House Capital? real life, you can live in real estate. Real esta- engineers and the builders will typically use a similar to real estate development in real
te can also be a school or university building. BIM, a Building Information Model that tells life up to the construction stage. Drawings
Tomas Nascisonis (TN): Crypto House Ca- how the building will be constructed in its and architecture are used in both cases. For
pital is an investor and developer of virtual With virtual real estate, our research sug- smallest detail. Suppose the BIM is registered both, you also need finance, and then you
real estate, although I need to say that we gests, there are many different utilities and as an NFT, and the NFT 3D model is already need to buy land. Only one of the lands is
are in the R&D stage. So up to now, we have applications. I can give you an example of the presented in the metaverse. In that case, an virtual. Then it comes to construction, and
focused on research and development. At the construction of a new school. Before a new electrician can use HoloLens glasses and see here the two processes are different. In real
moment, our focus is on developing meta-re- school is built, a council will usually ask three the virtual building directly and get to know life, you have plumbers, builders, electricians
al projects. different architect studios to propose the what needs to be done in the physical buil- and construction workers. In the metaverse,
design of the school. ding. Also, if the BIM is an NFT, it will be easy our team consists of a 3D team that handles
The meta-real projects we are creating are a to transfer ownership of the BIM, and thus everything 3D, a game development team,
combination of buildings that will exist in real The council receives proposals from the ar- the actual planning of the school can easily and a web 3 team that implements smart
life and the metaverse. For each real-estate chitect studios as architectural drawings and change hands in the construction process. contracts and NFTs.
project we make in the real world, we are a few visualisations of how the building will
creating digital twins in the shape of an iden- look in the real world. Until now, the studios Another example is that virtual real estate JKJ: Why would people want to own virtu-
tical building consisting of flats represented still make those from material from the real NFTs can be used to transfer ownership of al-world real estate?
on the blockchain in the form of NFTs. The world and drawings. The council is the only property. I believe in the very near future, all
projects we are planning to develop will thus one who can review this material and decide the existing buildings will be registered in a TN: In the beginning, we thought most pe-
also be built in web3-based virtual worlds like what architecture studio should build the blockchain-based registry, which will help pe- ople would buy virtual-world real estate as
Decentraland and Sandbox. Our main goal is school. Imagine if these proposals instead ople lease the property and sell the properti- an investment. But we saw other more appe-
to define utility for virtual world real estate. were created in a virtual world. Afterwards, es just like NFTs are already used for selling aling use cases and utilities if the real estate
different people can visit the building and and renting out digital art. has a digital twin attached to real life so that
JKJ: You have mentioned both virtual-world give their opinion. Ultimately, the kids and the digital twin owners own both the real
real estate and real-world real estate. Could their teachers will use the building, so why JKJ: How does constructing virtual real estate apartment and the digital twin.
you elaborate on the difference between the- not involve them in deciding how the building differ from constructing real-world real estate?
se two forms of real estate? should look? The metaverse makes it possible
38 39
to involve them in the decision process.
What is metaverse
real estate?
Jonas Kasper Jensen (JKJ): What is Crypto TN: The main difference, of course, is that in In the later stages of the construction, the TN: Virtual real estate development is very
House Capital? real life, you can live in real estate. Real esta- engineers and the builders will typically use a similar to real estate development in real
te can also be a school or university building. BIM, a Building Information Model that tells life up to the construction stage. Drawings
Tomas Nascisonis (TN): Crypto House Ca- how the building will be constructed in its and architecture are used in both cases. For
pital is an investor and developer of virtual With virtual real estate, our research sug- smallest detail. Suppose the BIM is registered both, you also need finance, and then you
real estate, although I need to say that we gests, there are many different utilities and as an NFT, and the NFT 3D model is already need to buy land. Only one of the lands is
are in the R&D stage. So up to now, we have applications. I can give you an example of the presented in the metaverse. In that case, an virtual. Then it comes to construction, and
focused on research and development. At the construction of a new school. Before a new electrician can use HoloLens glasses and see here the two processes are different. In real
moment, our focus is on developing meta-re- school is built, a council will usually ask three the virtual building directly and get to know life, you have plumbers, builders, electricians
al projects. different architect studios to propose the what needs to be done in the physical buil- and construction workers. In the metaverse,
design of the school. ding. Also, if the BIM is an NFT, it will be easy our team consists of a 3D team that handles
The meta-real projects we are creating are a to transfer ownership of the BIM, and thus everything 3D, a game development team,
combination of buildings that will exist in real The council receives proposals from the ar- the actual planning of the school can easily and a web 3 team that implements smart
life and the metaverse. For each real-estate chitect studios as architectural drawings and change hands in the construction process. contracts and NFTs.
project we make in the real world, we are a few visualisations of how the building will
creating digital twins in the shape of an iden- look in the real world. Until now, the studios Another example is that virtual real estate JKJ: Why would people want to own virtu-
tical building consisting of flats represented still make those from material from the real NFTs can be used to transfer ownership of al-world real estate?
on the blockchain in the form of NFTs. The world and drawings. The council is the only property. I believe in the very near future, all
projects we are planning to develop will thus one who can review this material and decide the existing buildings will be registered in a TN: In the beginning, we thought most pe-
also be built in web3-based virtual worlds like what architecture studio should build the blockchain-based registry, which will help pe- ople would buy virtual-world real estate as
Decentraland and Sandbox. Our main goal is school. Imagine if these proposals instead ople lease the property and sell the properti- an investment. But we saw other more appe-
to define utility for virtual world real estate. were created in a virtual world. Afterwards, es just like NFTs are already used for selling aling use cases and utilities if the real estate
different people can visit the building and and renting out digital art. has a digital twin attached to real life so that
JKJ: You have mentioned both virtual-world give their opinion. Ultimately, the kids and the digital twin owners own both the real
real estate and real-world real estate. Could their teachers will use the building, so why JKJ: How does constructing virtual real estate apartment and the digital twin.
you elaborate on the difference between the- not involve them in deciding how the building differ from constructing real-world real estate?
se two forms of real estate? should look? The metaverse makes it possible
38 39
to involve them in the decision process.
Right now, we are, for example, planning that JKJ: What do you own when you own an NFT
in residential buildings, all the building ow- virtual world apartment?
ners should be able to vote on issues concer-
ning the building. And we can do this DAO TN: For now, the NFTs carry only utility, so
based, so they vote with the NFT and hold they do not have the same legal status as
the meetings in the real world or even in the they would have if they were deeds in real
metaverse inside the 3D building. This is one life.
of the utilities that we think about.
JKJ: So, the NFT should not be understood as
JKJ: Is there any other reason to create these the deed for the house, It’s more like a utility
digital twins than just the utility? that comes with having the flat, right?
TN: We try to solve the problems in real life, TN: Correct. At least for now. But in the futu-
in the real world, with the agents and de- re, it will be so that this will be an additional
velopers, and we want to make it easier to utility that you can use the blockchain to at
deal with real estate. In the UK, for example, least legally lease the property, sell it and so
it can take six to 12 months to get the keys on. The digital and the real-world apartment
to a flat after making an offer, and the seller will be connected through the NFT.
can easily choose not to sell because he has
changed his mind. JKJ: What should happen for this to become a
reality?
That’s why we are researching if the metaver-
se and web3 can provide an alternative that TN: To make this a reality, countries and re-
will help make this and other processes more gistry offices must adopt blockchain techno-
efficient in the future. Our next step is to logy and make clear regulations.
bring our findings to real life. If we introduce
this in real life, it will be much easier to lease
and sell the property. It will be open, it will be
transparent, and it will save money and time
for people.
40
The Tokenizer
Stadler Völkel
FinTech & Blockchain NAME TAGLINE LOCATION
Country: Austria
Anderson Mori &
Founding year: 2016 Tomotsune
FinTech & Blockchain Japan
Partners: Dr. Arthur Stadler& Dr. Oliver Völkel, LL.M. Links News Tracker
SERVICES: Stadler Völkel is a full-service law firm in Vienna, Austria with a strong
focus on the law of crypto-assets and blockchain technology. Founded in 2016, BCLP FinTech USA
Stadler Völkel was the first law firm to accept Bitcoin payments in Austria. The firm Links News Tracker
regularly assists clients from all corners of the crypto and financial industries on
licensing and registration procedures, tokenization, evaluating novel business mo- Bull Blockchain
dels, entering the EU market, liaising with financial regulators, and more. The law Blockchain USA
Law
firm advises on all aspects of Austrian and European Union law, including capital Links News Tracker
markets (traditional and crypto), banking and finance, financial services regulation
(MiCA, MiFID, PSD2, etc.), and anti-money laundering law. Carlton Fields Blockchain & Digital Currency USA
Links News Tracker
”Every success story needs a beginning”,
”Every problem has at least two solutions”
Cassels Blockchain & Digital Assets Canada
Links News Tracker
LAW FIRMS
Covington Blockchain Technology USA
Links News Tracker
D.Moukouri &
Innovation & Technology Solutions Cameroon
Partners
Links News Tracker
Davis Wright
Listings News News Digital Assets & Blockchain USA
HIGHLIGHTS Tremaine
Links News Tracker
42 43
LAW FIRMS
Stadler Völkel
FinTech & Blockchain NAME TAGLINE LOCATION
Country: Austria
Anderson Mori &
Founding year: 2016 Tomotsune
FinTech & Blockchain Japan
Partners: Dr. Arthur Stadler& Dr. Oliver Völkel, LL.M. Links News Tracker
SERVICES: Stadler Völkel is a full-service law firm in Vienna, Austria with a strong
focus on the law of crypto-assets and blockchain technology. Founded in 2016, BCLP FinTech USA
Stadler Völkel was the first law firm to accept Bitcoin payments in Austria. The firm Links News Tracker
regularly assists clients from all corners of the crypto and financial industries on
licensing and registration procedures, tokenization, evaluating novel business mo- Bull Blockchain
dels, entering the EU market, liaising with financial regulators, and more. The law Blockchain USA
Law
firm advises on all aspects of Austrian and European Union law, including capital Links News Tracker
markets (traditional and crypto), banking and finance, financial services regulation
(MiCA, MiFID, PSD2, etc.), and anti-money laundering law. Carlton Fields Blockchain & Digital Currency USA
Links News Tracker
”Every success story needs a beginning”,
”Every problem has at least two solutions”
Cassels Blockchain & Digital Assets Canada
Links News Tracker
LAW FIRMS
Covington Blockchain Technology USA
Links News Tracker
D.Moukouri &
Innovation & Technology Solutions Cameroon
Partners
Links News Tracker
Davis Wright
Listings News News Digital Assets & Blockchain USA
HIGHLIGHTS Tremaine
Links News Tracker
42 43
Blocksquare
Additional Stats: At the start of 2023, Blocksquare had already tokenized 60+ real
estate assets worth over USD 50M located in 13 different jurisdictions and listed
across 7 white-label marketplace operators.
Fundraising Mailto: future@blocksquare.io
Address: Križevniška 8 1000 Ljubljana Slovenia EU
Through the Brickken Token Suite,
companies can create their legally Type: Issuing platform
compliant Security Token in just a Contact: Denis Petrovcic
few minutes. A customizable Contact mail: denis.petrovcic@blocksquare.io
white-label token store solution is Asset Management
Country: Slovenia
offered for companies to connect
Geographical coverage: Worldwide
their brand to the token offering. A The Brickken Token Suite captures Website: blocksquare.io/
comprehensive dashboard displays the whole token life cycle beyond
all relevant metrics for raising capital token creation and token offering.
and optimizing for conversion, with SERVICES: Blocksquare provides infrastructure for real estate tokenization with a
A full asset management solution
cap tables and on-chain data for tokenization protocol, along with a white-label marketplace platform. Blocksquare
with features such as NFT
complete insight into the offering. Reporting, Investor Voting, and additionally functions as a brokerage network.
Automated Dividend Payouts
ensures seamless and time-efficient ”During our research phase, we talked with many potential partners, but Blocksquare
asset management. stood out from the rest. They understand the needs of their customers in the innovati-
ve business of tokenization, and have always provided support to help us navigate this
Expert Ecosystem new and exciting frontier, covering all aspects from technology to legal opinions and
bootstrapping. What sets Blocksquare apart is that they are not just a tokenization com-
A trained Ecosystem of Experts,
pany, but they are creating a whole new token economy. They align stakeholder incenti-
across a variety of Industries such as ves with the principles of Web3, which is a powerful ethos for the future. We are thrilled
Marketing, Legal, Finance, and to be building alongside Blocksquare and helping to realize the vision of global liquidity
Blockchain, are showcased in the for real assets.”
Brickken Marketplace. Available for Eni Shtini, co-founder TBlocks.io
assistance with any part of the token
creation or token management BRICKKEN
LAW FIRMS
LAW FIRMS
process to assure a high-quality
fundraising.
WWW.BRICKKEN.COM
Additional Stats: At the start of 2023, Blocksquare had already tokenized 60+ real
estate assets worth over USD 50M located in 13 different jurisdictions and listed
across 7 white-label marketplace operators.
Fundraising Mailto: future@blocksquare.io
Address: Križevniška 8 1000 Ljubljana Slovenia EU
Through the Brickken Token Suite,
companies can create their legally Type: Issuing platform
compliant Security Token in just a Contact: Denis Petrovcic
few minutes. A customizable Contact mail: denis.petrovcic@blocksquare.io
white-label token store solution is Asset Management
Country: Slovenia
offered for companies to connect
Geographical coverage: Worldwide
their brand to the token offering. A The Brickken Token Suite captures Website: blocksquare.io/
comprehensive dashboard displays the whole token life cycle beyond
all relevant metrics for raising capital token creation and token offering.
and optimizing for conversion, with SERVICES: Blocksquare provides infrastructure for real estate tokenization with a
A full asset management solution
cap tables and on-chain data for tokenization protocol, along with a white-label marketplace platform. Blocksquare
with features such as NFT
complete insight into the offering. Reporting, Investor Voting, and additionally functions as a brokerage network.
Automated Dividend Payouts
ensures seamless and time-efficient ”During our research phase, we talked with many potential partners, but Blocksquare
asset management. stood out from the rest. They understand the needs of their customers in the innovati-
ve business of tokenization, and have always provided support to help us navigate this
Expert Ecosystem new and exciting frontier, covering all aspects from technology to legal opinions and
bootstrapping. What sets Blocksquare apart is that they are not just a tokenization com-
A trained Ecosystem of Experts,
pany, but they are creating a whole new token economy. They align stakeholder incenti-
across a variety of Industries such as ves with the principles of Web3, which is a powerful ethos for the future. We are thrilled
Marketing, Legal, Finance, and to be building alongside Blocksquare and helping to realize the vision of global liquidity
Blockchain, are showcased in the for real assets.”
Brickken Marketplace. Available for Eni Shtini, co-founder TBlocks.io
assistance with any part of the token
creation or token management BRICKKEN
LAW FIRMS
LAW FIRMS
process to assure a high-quality
fundraising.
WWW.BRICKKEN.COM
Dentons Digital Assets & Blockchain USA Mayer Brown Digital Assets & Blockchain USA
Links News Tracker Links News Tracker
McCann Fitz-
DLA Piper Digital Assets & Blockchain UK FinTech Ireland
Gerald
Links News Tracker Links News Tracker
Finlaw Crowdfunding India Njord Law Firm Blockchain & FinTech Copenhagen
Links News Tracker Links News Tracker
GLT Law FinTech & Blockchain Malaysia Ogier Blockchain & FinTech USA
Links News Tracker Links News Tracker
K&L Gates FinTech USA Petros Law Group Blockchain & Security Tokens USA
Links News Tracker Links News Tracker
Private Finance
L&Y Law Office FinTech & Blockchain Hong Kong International Blockchain Projects Estonia
Links News Tracker Services Links News Tracker
LAW FIRMS
LAW FIRMS
Legal Nodes Web 3 UK Red Road Legal Blockchain USA
Links News Tracker Links News Tracker
Loyens & Loeff Tax & Digital Economy Netherlands Rimon Law FinTech & Blockchain USA
Links News Tracker Links News Tracker
Dentons Digital Assets & Blockchain USA Mayer Brown Digital Assets & Blockchain USA
Links News Tracker Links News Tracker
McCann Fitz-
DLA Piper Digital Assets & Blockchain UK FinTech Ireland
Gerald
Links News Tracker Links News Tracker
Finlaw Crowdfunding India Njord Law Firm Blockchain & FinTech Copenhagen
Links News Tracker Links News Tracker
GLT Law FinTech & Blockchain Malaysia Ogier Blockchain & FinTech USA
Links News Tracker Links News Tracker
K&L Gates FinTech USA Petros Law Group Blockchain & Security Tokens USA
Links News Tracker Links News Tracker
Private Finance
L&Y Law Office FinTech & Blockchain Hong Kong International Blockchain Projects Estonia
Links News Tracker Services Links News Tracker
LAW FIRMS
LAW FIRMS
Legal Nodes Web 3 UK Red Road Legal Blockchain USA
Links News Tracker Links News Tracker
Loyens & Loeff Tax & Digital Economy Netherlands Rimon Law FinTech & Blockchain USA
Links News Tracker Links News Tracker
STADLER VÖLKEL
FinTech & Blockchain Austria
Rechtsanwälte
Links News Tracker
LAW FIRMS
48 49
LAW FIRMS
STADLER VÖLKEL
FinTech & Blockchain Austria
Rechtsanwälte
Links News Tracker
LAW FIRMS
48 49
NFT PLATFORMS
NYALA
The all-in-one platform for digital assets NAME TAGLINE TYPE OF PLATFORM
0x Society The First NFT Art Gallery in Canada NFT Art Gallery
Links News Tracker
Country: Germany
Founding year: 2019-2020 NFT Gaming
Founder: Dr. Johannes Schmitt / Co-CEO & Daniel Wernicke / Co-CEO Aavegotchi Digital frens for the crypto generation
Protocol
Links News Tracker
Additional Stats: Initial tokenization cases around security tokens now rapidly
move towards bonds and investment funds.Total tokenized market can reach 10% Alien Worlds Seek your fortune
NFT Play2Earn
Gaming
of global GDP according to a recent study by the Boston Consulting Group. Links News Tracker
SERVICES: The NYALA Digital Asset Platform combines the core elements of the
Axie Infinity Battle I Collect I Build NFT Gaming
digital asset value chain and enables customers to:Tokenize financial assets, esp.
Links News Tracker
securities on the blockchain;Custody digital assets such as regulated financial
instruments, cryptocurrencies and NFTs; Manage and trade these assets through
their lifecycle BakerySwap Trade your favourite NFTs Now! NFT Marketplace
Links News Tracker
”The custody software’s features like the key recovery process that NYALA built is unique
in the market for meeting regulated institution’s requirements for bank grade crypto Your platform to buy exclusive
custody.“ - Simon Seiter, Head of Digital Assets, Hauck Aufhäuser Lampe I “NYALA’s To- BeyondLife NFT Marketplace
NFT collection.
Links News Tracker
ken engine is integrated into our investment flow and handles token creation and distri-
bution seamlessly, even opening up wallets with a regulated custodian in the process.”
Christopher Grätz, CEO INVESDOR Bigfoot Town Building MetaFantasy NFT in Solana NFT Gaming
NFT PLATFORMS
NFT PLATFORMS
Links News Tracker
NYALA
The all-in-one platform for digital assets NAME TAGLINE TYPE OF PLATFORM
0x Society The First NFT Art Gallery in Canada NFT Art Gallery
Links News Tracker
Country: Germany
Founding year: 2019-2020 NFT Gaming
Founder: Dr. Johannes Schmitt / Co-CEO & Daniel Wernicke / Co-CEO Aavegotchi Digital frens for the crypto generation
Protocol
Links News Tracker
Additional Stats: Initial tokenization cases around security tokens now rapidly
move towards bonds and investment funds.Total tokenized market can reach 10% Alien Worlds Seek your fortune
NFT Play2Earn
Gaming
of global GDP according to a recent study by the Boston Consulting Group. Links News Tracker
SERVICES: The NYALA Digital Asset Platform combines the core elements of the
Axie Infinity Battle I Collect I Build NFT Gaming
digital asset value chain and enables customers to:Tokenize financial assets, esp.
Links News Tracker
securities on the blockchain;Custody digital assets such as regulated financial
instruments, cryptocurrencies and NFTs; Manage and trade these assets through
their lifecycle BakerySwap Trade your favourite NFTs Now! NFT Marketplace
Links News Tracker
”The custody software’s features like the key recovery process that NYALA built is unique
in the market for meeting regulated institution’s requirements for bank grade crypto Your platform to buy exclusive
custody.“ - Simon Seiter, Head of Digital Assets, Hauck Aufhäuser Lampe I “NYALA’s To- BeyondLife NFT Marketplace
NFT collection.
Links News Tracker
ken engine is integrated into our investment flow and handles token creation and distri-
bution seamlessly, even opening up wallets with a regulated custodian in the process.”
Christopher Grätz, CEO INVESDOR Bigfoot Town Building MetaFantasy NFT in Solana NFT Gaming
NFT PLATFORMS
NFT PLATFORMS
Links News Tracker
Club dVIN The World’s Premier NFT Wine Club NFT Wine Club Enjin Making it easy to use NFTs of the future NFT Marketplace
Links News Tracker Links News Tracker
We’re on a mission to make NFTs NFT Creation & Figment A phygital members club for global citizens Metaverse
CrossTower
accessible to ALL Marketplace Country Club to belong everywhere. Country Club
Links News Tracker Links News Tracker
NFT PLATFORMS
Links News Tracker Links News Tracker
Dartroom Sustainable Digital Art Marketplace NFT Marketplace GameStop The home of GameStop Blockchain NFT Marketplace
Links News Tracker Links News Tracker
Club dVIN The World’s Premier NFT Wine Club NFT Wine Club Enjin Making it easy to use NFTs of the future NFT Marketplace
Links News Tracker Links News Tracker
We’re on a mission to make NFTs NFT Creation & Figment A phygital members club for global citizens Metaverse
CrossTower
accessible to ALL Marketplace Country Club to belong everywhere. Country Club
Links News Tracker Links News Tracker
NFT PLATFORMS
Links News Tracker Links News Tracker
Dartroom Sustainable Digital Art Marketplace NFT Marketplace GameStop The home of GameStop Blockchain NFT Marketplace
Links News Tracker Links News Tracker
Join our community of digital artists, NFTs for the masses - Mint, sell & develop
HUMBL NFT Marketplace Mintbase NFT Marketplace
create and list your unique NFTs your own smart contract.
Links News Tracker Links News Tracker
Explore, Capture, Collect and Fight for Multi-chain 0% service fee NFT
Illuvium NFT Gaming Mooar NFT Marketplace
ETH in the Illuvium Universe Marketplace and Launchpad
Links News Tracker Links News Tracker
Kalamint A clean NFT marketplace on Tezos NFT Marketplace My Crypto Heroes Your time and passion will become assets NFT Gaming
Links News Tracker Links News Tracker
Discover, buy and collect digital artwork & Own officially licensed digital collectibles
Known Origin NFT Marketplace NBA TopShot NFT Marketplace
rare NFTs created in partnership with the NBA
Links News Tracker Links News Tracker
Creators of the Cryptopunks, Autoglyphs NFT Project The First Australian cross-chain NFT P2E
Larva Labs NFT Stars NFT Marketplace
and Meebits Developers Marketplace
Links News Tracker Links News Tracker
Make real estate investments cross- Nifty Gateway is an all-in-one platform that
Real Estate NFT
Metain border,affordable, transparent & secure Nifty Gateway makes it easy to buy, sell, and store digital NFT Marketplace
Marketplace
by utilizing blockchain technology art and collectibles
NFT PLATFORMS
NFT PLATFORMS
Links News Tracker Links News Tracker
NFT Creation
MetaPlex Elevating creators on Solana Ninfa Curated boutique for your digital self NFT Marketplace
Platform
Links News Tracker Links News Tracker
Join our community of digital artists, NFTs for the masses - Mint, sell & develop
HUMBL NFT Marketplace Mintbase NFT Marketplace
create and list your unique NFTs your own smart contract.
Links News Tracker Links News Tracker
Explore, Capture, Collect and Fight for Multi-chain 0% service fee NFT
Illuvium NFT Gaming Mooar NFT Marketplace
ETH in the Illuvium Universe Marketplace and Launchpad
Links News Tracker Links News Tracker
Kalamint A clean NFT marketplace on Tezos NFT Marketplace My Crypto Heroes Your time and passion will become assets NFT Gaming
Links News Tracker Links News Tracker
Discover, buy and collect digital artwork & Own officially licensed digital collectibles
Known Origin NFT Marketplace NBA TopShot NFT Marketplace
rare NFTs created in partnership with the NBA
Links News Tracker Links News Tracker
Creators of the Cryptopunks, Autoglyphs NFT Project The First Australian cross-chain NFT P2E
Larva Labs NFT Stars NFT Marketplace
and Meebits Developers Marketplace
Links News Tracker Links News Tracker
Make real estate investments cross- Nifty Gateway is an all-in-one platform that
Real Estate NFT
Metain border,affordable, transparent & secure Nifty Gateway makes it easy to buy, sell, and store digital NFT Marketplace
Marketplace
by utilizing blockchain technology art and collectibles
NFT PLATFORMS
NFT PLATFORMS
Links News Tracker Links News Tracker
NFT Creation
MetaPlex Elevating creators on Solana Ninfa Curated boutique for your digital self NFT Marketplace
Platform
Links News Tracker Links News Tracker
Platform for digital fine art with leading We are an open, social and persistent VR
Obilum NFT Marketplace Somnium Space NFT Gaming
curators through technology and NFTs platform powered by blockchain
Links News Tracker Links News Tracker
OnePlanet NFT Marketplace & Launchpad on Polygon NFT Marketplace SparkWorld Enter A Bright New World NFT Launchpad
Links News Tracker Links News Tracker
The 21st Century Auction House for Buy and sell NFTs from the
Portion NFT Marketplace SuperRare NFT Marketplace
NFT Art, Music, and Collectibles world’s top artists
Links News Tracker Links News Tracker
NFT PLATFORMS
Links News Tracker Links News Tracker
Platform for digital fine art with leading We are an open, social and persistent VR
Obilum NFT Marketplace Somnium Space NFT Gaming
curators through technology and NFTs platform powered by blockchain
Links News Tracker Links News Tracker
OnePlanet NFT Marketplace & Launchpad on Polygon NFT Marketplace SparkWorld Enter A Bright New World NFT Launchpad
Links News Tracker Links News Tracker
The 21st Century Auction House for Buy and sell NFTs from the
Portion NFT Marketplace SuperRare NFT Marketplace
NFT Art, Music, and Collectibles world’s top artists
Links News Tracker Links News Tracker
NFT PLATFORMS
Links News Tracker Links News Tracker
Viv3
First global NFT marketplace on Flow
NFT Marketplace MERGERS AND ACQUISITIONS
Blockchain
Links News Tracker
E-COMMERCE
NFT PLATFORMS
Links News Tracker
Viv3
First global NFT marketplace on Flow
NFT Marketplace MERGERS AND ACQUISITIONS
Blockchain
Links News Tracker
E-COMMERCE
NFT PLATFORMS
Links News Tracker
60
The Token RegRadar
The Token
RegRadar
Where Will NFTs be at In
a Decade?
Interview With Origin Co-Founder Matthew Liu
ML: We see these NFT marketplaces like ML: I think a lot of people today have a mis-
In this interview, Matthew Liu, co-founder of Origin Opensea and Blur gaining traction. In e-com- understanding of what NFTs are and what
Protocol, gives his well-informed perspective on use merce, they would be akin to marketplaces they can be used for. They see the initial use
cases for NFTs and how he sees the NFT industry like Amazon. But in e-commerce, there’s also case, which is expensive digital art or profile
unfolding in the coming years. This is the first interview a class of platforms like Shopify and Squ- picture NFTs. A lot of people are rightfully
in the series of two. arespace that allow people to set up their thinking: What is this? Why is there any value
storefronts and sell directly to consumers for to this? Why are people trading this? Is it just
lower fees and a more profound engagement a speculative bubble? The answer is that part
experience. As NFTs develop beyond digital of it is speculation. But, the other part is that
Introduction to Origin Protocol More recently, we’ve been building out a
collectibles, the need for these custom sto- we are still in the early stages of a huge digi-
more robust ecosystem for Origin Story
refronts will inevitably grow, and that’s what tal transformation that will revolutionize the
Jonas Kasper Jensen (JKJ): What is Origin marketplaces. So beyond the provenance in
we’re building at Origin Story. Internet.
protocol, and what services do you provide? the secondary marketplace sales, we started
building deeper analytics and engagement
We allow creators to launch their storefronts To me, NFTs are unique for a couple of rea-
Matthew Liu (ML): Origin Protocol has been tools. If you go to one of our marketplaces,
and NFT ecosystems, create ways of engaging sons. NFTs are new primitive building blocks
building on Ethereum since 2017. We initially you can see a lot of stats with top holders
with their collectors and customers, and build that allow these new sets of paradigms to
built a marketplace protocol allowing anyone and some exciting charts and graphs that can
more profound and richer experiences. And be built in web3. NFTs allow for true digital
to buy and sell anything on-chain. But over be used to engage with the community. We
this will continue to happen as NFTs become ownership and true digital scarcity through
the years, we’ve altered our products, and will continue pushing down that vein to allow
more and more pervasive. A good analogy digital provenance, which is tracking owners-
now our two current business lines are Origin the communities for all these collections to
would be online gaming and mobile games. hip. NFTs are also interoperable.
Story and Origin Dollar. Origin Story is an NFT start engaging deeper.
Games generate billions of dollars of revenue
platform, and its focus is to increase accessi- every year from in-app purchases. Should The standards created around NFTs allow
bility and utility for NFTs through white label Recently we launched token-gated access to
all these items that are sold in-app become them to be held in different wallets, traded
NFT marketplaces. content, future mints, and things like that. We
NFTs, they need to be sold within the indivi- on different exchanges, and displayed in
are also working on new features around sta-
dual apps and offer bespoke customer expe- different browsers. That interoperability and
We are working on creating a service where king NFTs and other formats that will again
riences. traceability mean these digital assets will
any collection owner can launch a marketpla- create higher engagement and retention with
have a larger audience and higher liquidity.
ce that allows their collectors to buy and sell these communities. Our general thesis is that
The reason for NFTs uniqueness The analogy that I like to use is that NFTs are
NFTs with each other. We also have a primary NFTs are still a very new technology. Even
to Web3 what HTML was to the web in the
mint capability that enables people to launch though they’ve been around for a few years,
JKJ: What problems are NFTs solving, and early beginnings of the Internet.
new brand identities on our platform. For they’re still new in the context of the Internet.
why do you think they were invented in the
now, we’re focused on adding bespoke fea- When HTML web pages first came out, many
JKJ: How is Origin Story different from other first place?
tures to the protocol to adapt to unique use critics and naysayers would say: What is the
cases for NFTs, such as real estate and ticke- platforms in the NFT market?
ting.
62 63
Where Will NFTs be at In
a Decade?
Interview With Origin Co-Founder Matthew Liu
ML: We see these NFT marketplaces like ML: I think a lot of people today have a mis-
In this interview, Matthew Liu, co-founder of Origin Opensea and Blur gaining traction. In e-com- understanding of what NFTs are and what
Protocol, gives his well-informed perspective on use merce, they would be akin to marketplaces they can be used for. They see the initial use
cases for NFTs and how he sees the NFT industry like Amazon. But in e-commerce, there’s also case, which is expensive digital art or profile
unfolding in the coming years. This is the first interview a class of platforms like Shopify and Squ- picture NFTs. A lot of people are rightfully
in the series of two. arespace that allow people to set up their thinking: What is this? Why is there any value
storefronts and sell directly to consumers for to this? Why are people trading this? Is it just
lower fees and a more profound engagement a speculative bubble? The answer is that part
experience. As NFTs develop beyond digital of it is speculation. But, the other part is that
Introduction to Origin Protocol More recently, we’ve been building out a
collectibles, the need for these custom sto- we are still in the early stages of a huge digi-
more robust ecosystem for Origin Story
refronts will inevitably grow, and that’s what tal transformation that will revolutionize the
Jonas Kasper Jensen (JKJ): What is Origin marketplaces. So beyond the provenance in
we’re building at Origin Story. Internet.
protocol, and what services do you provide? the secondary marketplace sales, we started
building deeper analytics and engagement
We allow creators to launch their storefronts To me, NFTs are unique for a couple of rea-
Matthew Liu (ML): Origin Protocol has been tools. If you go to one of our marketplaces,
and NFT ecosystems, create ways of engaging sons. NFTs are new primitive building blocks
building on Ethereum since 2017. We initially you can see a lot of stats with top holders
with their collectors and customers, and build that allow these new sets of paradigms to
built a marketplace protocol allowing anyone and some exciting charts and graphs that can
more profound and richer experiences. And be built in web3. NFTs allow for true digital
to buy and sell anything on-chain. But over be used to engage with the community. We
this will continue to happen as NFTs become ownership and true digital scarcity through
the years, we’ve altered our products, and will continue pushing down that vein to allow
more and more pervasive. A good analogy digital provenance, which is tracking owners-
now our two current business lines are Origin the communities for all these collections to
would be online gaming and mobile games. hip. NFTs are also interoperable.
Story and Origin Dollar. Origin Story is an NFT start engaging deeper.
Games generate billions of dollars of revenue
platform, and its focus is to increase accessi- every year from in-app purchases. Should The standards created around NFTs allow
bility and utility for NFTs through white label Recently we launched token-gated access to
all these items that are sold in-app become them to be held in different wallets, traded
NFT marketplaces. content, future mints, and things like that. We
NFTs, they need to be sold within the indivi- on different exchanges, and displayed in
are also working on new features around sta-
dual apps and offer bespoke customer expe- different browsers. That interoperability and
We are working on creating a service where king NFTs and other formats that will again
riences. traceability mean these digital assets will
any collection owner can launch a marketpla- create higher engagement and retention with
have a larger audience and higher liquidity.
ce that allows their collectors to buy and sell these communities. Our general thesis is that
The reason for NFTs uniqueness The analogy that I like to use is that NFTs are
NFTs with each other. We also have a primary NFTs are still a very new technology. Even
to Web3 what HTML was to the web in the
mint capability that enables people to launch though they’ve been around for a few years,
JKJ: What problems are NFTs solving, and early beginnings of the Internet.
new brand identities on our platform. For they’re still new in the context of the Internet.
why do you think they were invented in the
now, we’re focused on adding bespoke fea- When HTML web pages first came out, many
JKJ: How is Origin Story different from other first place?
tures to the protocol to adapt to unique use critics and naysayers would say: What is the
cases for NFTs, such as real estate and ticke- platforms in the NFT market?
ting.
62 63
point of this? Why do I need an ugly web page traceability mean these digital assets will ld, addicted to it. HTML industries include works from, for instance, Beeple and PAK.
with blinking fonts when I can read the news- have a larger audience and higher liquidity. streaming with well-known companies like That was the initial surge of NFTs as we know
paper to get my news? Why would I post the The analogy that I like to use is that NFTs are Netflix and YouTube and social networking them today.
message to my web page? I can write a letter. to Web3 what HTML was to the web in the with giant companies like Facebook, Insta-
I can call my friends on a physical phone, and early beginnings of the Internet. gram and TikTok. There will likely be a massive category of
indeed, no one’s ever going to buy anything NFTs in gaming. Imagine if you’re playing
on a web page because you have to see the When HTML web pages first came out, many Emerging NFT use cases tomorrow’s Fortnite or a virtual reality-like
physical product before you buy it. critics and naysayers would say: What is the experience powered by Apple. In this expe-
point of this? Why do I need an ugly web page JKJ: Can you name a few use cases of NFTs rience, you have a digital sword and armor.
There were a lot of skeptics. But as the te- with blinking fonts when I can read the news- that you think are especially interesting? Today, most games put those assets in a
chnology evolved and people built more on paper to get my news? Why would I post the closed circle within the game ecosystem. You
top of these building blocks of HTML web message to my web page? I can write a letter. ML: I think NFTs are these new building own those items and only play them with the
pages, more and more use cases were crea- I can call my friends on a physical phone, and blocks that unlock a lot of new use cases that games they were made for.
ted. And so fast forward a few years, and indeed, no one’s ever going to buy anything will take five to ten years to manifest. Some
then you now have use cases like blogs with on a web page because you have to see the examples of NFT use cases could be that But now imagine your avatar, sword, armor,
user-generated content. physical product before you buy it. NFTs allow verification that you own a specific or whatever it may be were transferable
digital asset and purchased it for a particular across experiences. You can use the same
To me, NFTs are unique for a couple of rea- There were a lot of skeptics. But as the te- amount. This means that you can inscribe a digital items across VR worlds, social media,
sons. NFTs are new primitive building blocks chnology evolved and people built more on financial value to a digital asset. You can also and games. That’s extremely powerful. As
that allow these new sets of paradigms to top of these building blocks of HTML web see how many of those NFTs exist. You’re more and more people spend time in the me-
be built in web3. NFTs allow for true digital pages, more and more use cases were crea- also able to see the relative scarcity of an taverse, especially younger generations, digi-
ownership and true digital scarcity through ted. And so fast forward a few years, and NFT; these are fascinating properties. tal items will be an increasingly large share of
digital provenance, which is tracking owners- then you now have use cases like blogs with GDP versus physical items. Of course, that’s
hip. NFTs are also interoperable. user-generated content. Fast forward ten years from today, and NFTs going to take a while to play out.
will wrap all types of assets, whether online
The standards created around NFTs allow And guess what? E-commerce exploded over or offline. We have already seen some fa-
them to be held in different wallets, traded a couple of decades, and now Amazon is one scinating examples of both asset types. The
on different exchanges, and displayed in of the world’s largest companies, with most digital art NFTs exploded in 2021 with NFT
different browsers. That interoperability and of the markets, at least in the Western wor-
64 65
point of this? Why do I need an ugly web page traceability mean these digital assets will ld, addicted to it. HTML industries include works from, for instance, Beeple and PAK.
with blinking fonts when I can read the news- have a larger audience and higher liquidity. streaming with well-known companies like That was the initial surge of NFTs as we know
paper to get my news? Why would I post the The analogy that I like to use is that NFTs are Netflix and YouTube and social networking them today.
message to my web page? I can write a letter. to Web3 what HTML was to the web in the with giant companies like Facebook, Insta-
I can call my friends on a physical phone, and early beginnings of the Internet. gram and TikTok. There will likely be a massive category of
indeed, no one’s ever going to buy anything NFTs in gaming. Imagine if you’re playing
on a web page because you have to see the When HTML web pages first came out, many Emerging NFT use cases tomorrow’s Fortnite or a virtual reality-like
physical product before you buy it. critics and naysayers would say: What is the experience powered by Apple. In this expe-
point of this? Why do I need an ugly web page JKJ: Can you name a few use cases of NFTs rience, you have a digital sword and armor.
There were a lot of skeptics. But as the te- with blinking fonts when I can read the news- that you think are especially interesting? Today, most games put those assets in a
chnology evolved and people built more on paper to get my news? Why would I post the closed circle within the game ecosystem. You
top of these building blocks of HTML web message to my web page? I can write a letter. ML: I think NFTs are these new building own those items and only play them with the
pages, more and more use cases were crea- I can call my friends on a physical phone, and blocks that unlock a lot of new use cases that games they were made for.
ted. And so fast forward a few years, and indeed, no one’s ever going to buy anything will take five to ten years to manifest. Some
then you now have use cases like blogs with on a web page because you have to see the examples of NFT use cases could be that But now imagine your avatar, sword, armor,
user-generated content. physical product before you buy it. NFTs allow verification that you own a specific or whatever it may be were transferable
digital asset and purchased it for a particular across experiences. You can use the same
To me, NFTs are unique for a couple of rea- There were a lot of skeptics. But as the te- amount. This means that you can inscribe a digital items across VR worlds, social media,
sons. NFTs are new primitive building blocks chnology evolved and people built more on financial value to a digital asset. You can also and games. That’s extremely powerful. As
that allow these new sets of paradigms to top of these building blocks of HTML web see how many of those NFTs exist. You’re more and more people spend time in the me-
be built in web3. NFTs allow for true digital pages, more and more use cases were crea- also able to see the relative scarcity of an taverse, especially younger generations, digi-
ownership and true digital scarcity through ted. And so fast forward a few years, and NFT; these are fascinating properties. tal items will be an increasingly large share of
digital provenance, which is tracking owners- then you now have use cases like blogs with GDP versus physical items. Of course, that’s
hip. NFTs are also interoperable. user-generated content. Fast forward ten years from today, and NFTs going to take a while to play out.
will wrap all types of assets, whether online
The standards created around NFTs allow And guess what? E-commerce exploded over or offline. We have already seen some fa-
them to be held in different wallets, traded a couple of decades, and now Amazon is one scinating examples of both asset types. The
on different exchanges, and displayed in of the world’s largest companies, with most digital art NFTs exploded in 2021 with NFT
different browsers. That interoperability and of the markets, at least in the Western wor-
64 65
NFT SERVICES
Tokengate
Tokenization simplified.
Launch your project on Tokengate. NAME TYPE OF SERVICE
Accubits
Product Development & Digital Transformation Services
Technology
Links News Tracker
Country: Switzerland
Founding year: 2018
Founder: Ralf Glabischnig Animoca Brands Digital Property Rights Solutions Provider
Links News Tracker
”Tokengate delivered an innovative concept for our NFT project. They were responsive,
insightful, and made tokenization seamless. Highly recommended!”
Capital Block Specialised Web 3 Agency
Marcel Grepper, Chief internal Audit City of Zug
Links News Tracker
NFT SERVICES
Crypto House
Digital Real Estate Investment Expertise
Capital
Links News Tracker
Tokengate
Tokenization simplified.
Launch your project on Tokengate. NAME TYPE OF SERVICE
Accubits
Product Development & Digital Transformation Services
Technology
Links News Tracker
Country: Switzerland
Founding year: 2018
Founder: Ralf Glabischnig Animoca Brands Digital Property Rights Solutions Provider
Links News Tracker
”Tokengate delivered an innovative concept for our NFT project. They were responsive,
insightful, and made tokenization seamless. Highly recommended!”
Capital Block Specialised Web 3 Agency
Marcel Grepper, Chief internal Audit City of Zug
Links News Tracker
NFT SERVICES
Crypto House
Digital Real Estate Investment Expertise
Capital
Links News Tracker
DegenKnows NFT Data Analysis Services License.rocks White label NFT solution for brand licensing
Links News Tracker Links News Tracker
Fellaz NFT Fans Community Services Mattereum Real Asset Tethering to NFT Services
Links News Tracker Links News Tracker
Huapax Blockchain based payment solution MetaDiac Metaverse & NFT Marketplace Development Services
Links News Tracker Links News Tracker
Immutable Web 3 Gaming Services MetaKey NFT & Metaverse Service Provider
Links News Tracker Links News Tracker
InfiniteWorld Web 3, Gaming & Metaverse Integration Services Mooning NFT & Metaverse Consulting
Links News Tracker Links News Tracker
NFT SERVICES
NFT SERVICES
NFT SERVICES
NFT SERVICES
Instamint The Enterprise Digital Assets Management Platform Nameless Stealth Test Blockchain Solution Provider
Links News Tracker Links News Tracker
LeewayHertz Web 3 Custom Software Service Provider Nefta NFT Brand Service Provider
Links News Tracker Links News Tracker
68 69
NFT SERVICES
DegenKnows NFT Data Analysis Services License.rocks White label NFT solution for brand licensing
Links News Tracker Links News Tracker
Fellaz NFT Fans Community Services Mattereum Real Asset Tethering to NFT Services
Links News Tracker Links News Tracker
Huapax Blockchain based payment solution MetaDiac Metaverse & NFT Marketplace Development Services
Links News Tracker Links News Tracker
Immutable Web 3 Gaming Services MetaKey NFT & Metaverse Service Provider
Links News Tracker Links News Tracker
InfiniteWorld Web 3, Gaming & Metaverse Integration Services Mooning NFT & Metaverse Consulting
Links News Tracker Links News Tracker
NFT SERVICES
NFT SERVICES
NFT SERVICES
NFT SERVICES
Instamint The Enterprise Digital Assets Management Platform Nameless Stealth Test Blockchain Solution Provider
Links News Tracker Links News Tracker
LeewayHertz Web 3 Custom Software Service Provider Nefta NFT Brand Service Provider
Links News Tracker Links News Tracker
68 69
NFT SERVICES
NFT Kred White Label NFT Integration Solution Raze NFT Investment Verification Services
Links News Tracker Links News Tracker
Suffescom
NFTpay NFT Payment Solution Web 3 Consulting Services
Solutions
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Pixura NFT Marketplace Launchpad Unicly NFT Trading Protocol
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Unstoppable
Rabbit Hole Web 3 Learn To Earn Services Web 3 Domain Provider
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Suffescom
NFTpay NFT Payment Solution Web 3 Consulting Services
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OpSec Security NFT Brand Protection Services TokenArt NFT Licensing Services
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Origin Protocol NFT Ecosystem Services TokenForge NFT Drop & Marketplace Services
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Pixura NFT Marketplace Launchpad Unicly NFT Trading Protocol
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Unstoppable
Rabbit Hole Web 3 Learn To Earn Services Web 3 Domain Provider
Domains
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On a missiOn tO re-invent
NAME TYPE OF SERVICE
the world of finance!
Upstairs NFT Marketplace Services
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NFT SERVICES
NFT SERVICES
www.liqwith.io
72 73
NFT SERVICES
On a missiOn tO re-invent
NAME TYPE OF SERVICE
the world of finance!
Upstairs NFT Marketplace Services
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NFT SERVICES
NFT SERVICES
www.liqwith.io
72 73
Liqwith
Liqwith is the white label platform for
the tokenization of assets
Country: Netherlands
Founding year: 2017
Listings News
74
SERVICE PROVIDERS
Liqwith
Liqwith is the white label platform for
the tokenization of assets NAME TAGLINE LOCATION
Software as a service
21 Finance Liechtenstein
provider for digital assets.
Links News Tracker
Country: Netherlands
Provides consultancy on
Founding year: 2017 2140 Consulting
Security Token Offerings
Belgium
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with tokenization of financial products like shares and (convertible) bonds, but
since then we have also tokenized paintings, art and real estate. Liqwith’s clients AirSwap
AirSwap enables peer-to-peer trading on
USA
the Ethereum blockchain.
are mostly SME’s who are seeking to include stewardownership in their business Links News Tracker
strategy, as well as Private Equity parties and Crowdfunding platforms who seek to
reduce costs and bring new levels of transparency as well as funding options”.
White label software to launch crypto &
AlphaPoint USA
digital asset exchange platforms
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SERVICE PROVIDERS
breadth, and client service. Links News Tracker
Blockbase
STO Service Provider India Daura Digital securities service provider Switzerland
Consultants
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Blockchain
STO Marketing Agency Australia Dibbs Asset Tokenization Services USA
Australia
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SERVICE PROVIDERS
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BuzzMint Token & NFT Tokenization Services N/A Finoa Crypto Asset Services Germany
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Blockbase
STO Service Provider India Daura Digital securities service provider Switzerland
Consultants
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Blockchain
STO Marketing Agency Australia Dibbs Asset Tokenization Services USA
Australia
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SERVICE PROVIDERS
Links News Tracker Links News Tracker
BuzzMint Token & NFT Tokenization Services N/A Finoa Crypto Asset Services Germany
Links News Tracker Links News Tracker
Globacap Private Capital Market Services UK MatrixChain White Label Tokenization Services Estonia
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Hogan Lovells Legal Services USA MetaDiac Blockchain Development Services India
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Inveniam Data Verification Services USA MoogleLabs Blockchain Service Provider Canada
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InvestaX Digital Securities Exchange Singapore Mt. Pelerin Multi-Chain Solution Provider Switzerland
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iResponsive
Blockchain Development Services USA Multis Web 3 Banking Services USA
Solutions
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mwb fairtrade
IX Swaps Crowdfunding Platform & Learning Hub Singapore Wertpapierhan- Securities Trading Services Germany
Links News Tracker delsbank Links News Tracker
Koinly Crypto Tax Services UK NSAV Digital Asset Turnkey Service Provider UK
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LeadBest Consulting Agency Taiwan Oraichain Asset Tokenization Infrastructure Provider USA
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LeewayHertz Web 3 Custom Software Service Provider USA Ownera Private Capital Market Services UK
SERVICE PROVIDERS
SERVICE PROVIDERS
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LPA Consulting Services Germany Riddle & Code Web 3 Integration Services Austria
Links News Tracker Links News Tracker
78 79
SERVICE PROVIDERS
Globacap Private Capital Market Services UK MatrixChain White Label Tokenization Services Estonia
Links News Tracker Links News Tracker
Hogan Lovells Legal Services USA MetaDiac Blockchain Development Services India
Links News Tracker Links News Tracker
Inveniam Data Verification Services USA MoogleLabs Blockchain Service Provider Canada
Links News Tracker Links News Tracker
InvestaX Digital Securities Exchange Singapore Mt. Pelerin Multi-Chain Solution Provider Switzerland
Links News Tracker Links News Tracker
iResponsive
Blockchain Development Services USA Multis Web 3 Banking Services USA
Solutions
Links News Tracker Links News Tracker
mwb fairtrade
IX Swaps Crowdfunding Platform & Learning Hub Singapore Wertpapierhan- Securities Trading Services Germany
Links News Tracker delsbank Links News Tracker
Koinly Crypto Tax Services UK NSAV Digital Asset Turnkey Service Provider UK
Links News Tracker Links News Tracker
LeadBest Consulting Agency Taiwan Oraichain Asset Tokenization Infrastructure Provider USA
Links News Tracker Links News Tracker
LeewayHertz Web 3 Custom Software Service Provider USA Ownera Private Capital Market Services UK
SERVICE PROVIDERS
SERVICE PROVIDERS
Links News Tracker Links News Tracker
LPA Consulting Services Germany Riddle & Code Web 3 Integration Services Austria
Links News Tracker Links News Tracker
78 79
SERVICE PROVIDERS
Societe Generale -
Digital Asset Services France WISeKey Digital Trust Solutions Provider Switzerland
FORGE
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SERVICE PROVIDERS
Links News Tracker
WeAlvin
Blockchain Development Services USA
Technologies
Links News Tracker
80 81
SERVICE PROVIDERS
Societe Generale -
Digital Asset Services France WISeKey Digital Trust Solutions Provider Switzerland
FORGE
Links News Tracker Links News Tracker
SERVICE PROVIDERS
Links News Tracker
WeAlvin
Blockchain Development Services USA
Technologies
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80 81
Tokenization Simplified
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