Fasset Launches Own: A New Era for Tokenized Real-World Assets
As the interest in tokenizing real-world assets (RWAs) grows globally, Fasset is making a significant move with the introduction of Own, an Ethereum Layer 2 network specifically designed for the regulated distribution of these assets. The company aims to tokenize and provide access to over $1 billion in U.S. equities, featuring major players such as Apple, Microsoft, and Nvidia, while focusing on reaching underserved investors across the globe. In a recent Q&A session, Fasset’s leadership discussed the technical framework of Own, regulatory approaches in various jurisdictions, dividend distributions, and the interaction of tokenized stocks with both traditional finance (TradFi) and decentralized finance (DeFi) systems.
Technical Structure of Own for Tokenized Equities
Fasset’s Own is constructed utilizing Arbitrum’s Layer 2 technology, which offers enhanced security and reduced transaction costs. However, the platform has been customized with specialized tools tailored for the management of real-world assets. These include token standards that feature optional compliance attributes, verification processes for the underlying assets, and mechanisms to simplify asset issuance and management. Additionally, Own has developed modules specifically for equities that facilitate dividend distribution and ownership verification—key functionalities that are often absent in generic blockchain platforms.
Timing of Fasset’s Entry into the Tokenized Equities Market
Fasset’s decision to enter the tokenized equities market in 2025 is based on three converging factors: clearer regulatory frameworks from key markets, advancements in technology capable of securely managing large-scale tokenization, and significant demand from users, particularly in emerging markets where access to U.S. equities is limited. This strategic timing aims to capitalize on the evolving landscape of real-world asset tokenization.
Selection Criteria for Initial Tokenized Equities
The selection of stocks such as MSTR, TSLA, NVDA, SPY, META, AAPL, GOOGL, MSFT, and AMZN as part of Fasset’s initial tokenized equities offering was driven by a plethora of factors. The curated selection encompasses over 50 tokenized U.S. equities that are globally recognized and span diverse sectors including technology, healthcare, consumer goods, and energy. These assets were chosen for their liquidity, reliability, and solid long-term fundamentals. Moreover, the portfolio includes Shariah-compliant options and commodity ETFs, ensuring a diversified and inclusive offering that aligns with Fasset’s user base values.
Distribution and Trading of Dinari’s dShares Across Jurisdictions
Fasset has established regulatory-compliant channels for trading Dinari’s dShares across the UAE, Indonesia, Malaysia, and Pakistan. With the UAE as its regional hub under VARA licensing, Fasset collaborates with local banks in Indonesia to facilitate currency transactions, adhering to Bappebti regulations. In Malaysia and Pakistan, specific compliance measures have been put in place for each market. Although transactions settle on the Own platform, each jurisdiction is governed by its own regulatory framework, ensuring compliance while providing users with consistent economic exposure.
Dividend Distribution for Token Holders
Token holders of dividend-yielding stocks such as MSFT, AAPL, or AMZN can expect to receive their payouts either in real-time or at specified intervals. Dividends will be distributed in stablecoins, with automatic crediting to the in-app wallets of users on the Fasset platform. For those engaging through DeFi, dividends will need to be manually claimed through the decentralized exchange interface. Notably, all dividend-bearing stocks are fully backed by real shares held in regulated custody or in the user’s wallet on the Own network.
User Experience for Trading Tokenized Equities on Fasset
The process for users accessing and trading tokenized equities on Fasset is designed to be seamless and intuitive. Users complete a one-time Know Your Customer (KYC) process, which takes about five minutes, and can deposit local currency using familiar payment methods, including bank transfers and e-wallets. Investments can begin with as little as $10, and users have the ability to manage their holdings, receive dividends, and access educational resources. The experience is crafted to resemble local financial applications, while also offering access to global investment opportunities that may have been previously out of reach.
Aligning Tokenized Equities with Crypto and Tech Trends
Stocks like MSTR, which closely correlates with Bitcoin, and META, known for its focus on AI and the metaverse, have become popular among investors seeking exposure to technology trends. Fasset is preparing for the demand for tokenized equities that reflect these narratives by offering a diverse array of assets, including stocks, funds, metals, and thematic investments. This approach enables users to create portfolios that align with both technology trends and long-term investment value, while educating them on the relationships and risks associated with both direct crypto ownership and stock alternatives.
Integration of Tokenized Equities into the DeFi Ecosystem
The introduction of real U.S. equities on-chain opens up innovative opportunities for these assets within the DeFi space. Developers will have the ability to incorporate tokenized stocks into DeFi applications, allowing for the creation of investment bundles, utilization as collateral in lending markets, and integration into yield-generating strategies. Importantly, all DeFi interactions will remain optional, giving users the choice to hold their tokenized stocks on Fasset’s regulated platform or engage with DeFi applications based on their preferences. This dual approach ensures both compliance and innovation are available within a single ecosystem.
