TokenFi Unveils Asset Tokenization Platform Designed for Compliance and Expansion in Real-World Applications
In the rapidly evolving world of digital assets, TokenFi, a project within the Floki ecosystem, has unveiled its long-awaited Real-World Asset (RWA) tokenization platform. This innovative solution aims to simplify the process of digitizing physical and financial assets in a compliant manner for businesses across various industries. The platform is set to launch on May 23, 2025.
The platform offers a no-code solution for companies to create and issue regulatory-compliant tokens backed by real-world assets. These tokens are built on the ERC-3643 standard, which embeds compliance capabilities directly into the token itself, thereby ensuring automatic enforcement of rules such as investor eligibility and jurisdiction. Interested businesses can visit https://tokenfi.com/RWA to explore the newly launched platform.
At its core, the platform utilizes ONCHAINID, a sophisticated identity framework that links token ownership to verified investor identities. This feature ensures that only qualified investors who pass Know Your Customer (KYC) checks and meet regulatory requirements can hold or trade the tokens. Wallets are reduced to mere signing tools, with ownership rights held separately.
The ERC-3643 standard boasts strong interoperability features, allowing the newly issued tokens to integrate seamlessly with existing ERC-20 infrastructure with minimal technical adjustments. This means businesses can leverage established tools while meeting regulatory requirements.
TokenFi’s platform streamlines the entire tokenization process for issuers, enabling them to set subscription periods, investment limits, configure fees and payment methods, and handle investor onboarding using built-in KYC and document signing tools. Moreover, if regulations change, issuers can update compliance rules even after tokens are live.
The platform is compatible with all Ethereum Virtual Machine (EVM) blockchains, offering project owners flexibility in deciding where to launch. According to TokenFi, this versatility makes the platform suitable for tokenizing assets such as equity, real estate, commodities, and intellectual property rights.
Floki is the utility token of the Floki Ecosystem, aiming to become the world's most widely used cryptocurrency by focusing on utility, philanthropy, community, and marketing. With over 550,000+ holders and a strong brand recognized globally due to strategic marketing partnerships, Floki is a key player in the cryptocurrency landscape.
TokenFi's RWA tokenization platform is projected to contribute significantly to the expected $16 trillion asset tokenization market by 2030, by providing a flexible, compliant, and accessible solution for businesses seeking to participate in this innovative financial sphere.
For more information about TokenFi and its offerings, visit https://tokenfi.com. Additionally, follow TokenFi's Twitter updates at https://twitter.com/tokenfi.
- The TokenFi Real-World Asset tokenization platform, launched within the Floki ecosystem, offers businesses a no-code solution for creating and issuing regulatory-compliant crypto tokens backed by real-world assets.
- These tokens, built on the ERC-3643 standard, embed compliance capabilities directly into the token, ensuring automatic enforcement of rules like investor eligibility and jurisdiction.
- The platform utilizes ONCHAINID, a sophisticated identity framework, to link token ownership to verified investor identities, ensuring that only qualified investors can hold or trade the tokens.
- TokenFi's RWA tokenization platform aims to contribute significantly to the projected $16 trillion asset tokenization market by 2030, providing a flexible, compliant, and accessible solution for businesses seeking to participate in this innovative financial sphere.