TokenFi Launches Platform for Compliant Real-World Asset Tokenization

TokenFi, a tokenization project within the Floki ecosystem, has launched its highly anticipated platform for the tokenization of real-world assets (RWA). The platform aims to simplify the integration of physical and financial assets onto the blockchain in a fully compliant manner. The new module, operational from May 23, provides businesses with a no-code platform to create and issue regulated tokens backed by real-world assets. These tokens are based on the ERC-3643 standard, which directly integrates compliance requirements into the token itself.
The platform allows issuers to set clear rules, such as who can purchase or transfer tokens, based on the type of investor or jurisdiction. These rules are automatically enforced on the blockchain. At the core of the platform is ONCHAINID, a digital identity framework that links token ownership to verified identities. This ensures that companies can issue tokens that can only be held or traded by qualified investors who pass Know Your Customer (KYC) checks and meet regulatory requirements. Wallets in this context become mere tools for signing transactions, not the true owners.
The ERC-3643 standard also boasts strong interoperability. Despite its advanced compliance capabilities, ERC-3643 tokens remain compatible with the ERC-20 infrastructure, allowing for easy integration into existing blockchain ecosystems with minimal technical modifications. This enables businesses to use established tools while adhering to regulatory standards.
TokenFi's platform enables issuers to manage the entire tokenization process with ease. They can set subscription periods and investment limits, configure fees and payment methods, and handle investor onboarding with integrated KYC tools and digital signatures. In the event of regulatory changes, issuers can update compliance rules even after tokens have been issued.
The platform operates on all EVM-compatible blockchains, offering flexibility in choosing the network to operate on. This makes it ideal for the tokenization of stocks, real estate, commodities, and intellectual property rights. Floki, the utility token of the Floki Ecosystem, aims to become the most recognized and used cryptocurrency globally. With over 550,000 holders and a strong brand recognized worldwide through strategic marketing partnerships, Floki is well-positioned to achieve its goals. TokenFi, on the other hand, is an innovative platform for the tokenization of cryptocurrencies and assets, allowing users to launch or tokenize assets with ease. The platform aims to revolutionize the tokenization industry by offering an intuitive interface that requires no programming skills.

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