Where is TOKO available?
TOKO is a global service offering supporting clients anywhere there is client or investor demand for digital asset-based services.
What are TOKO's features and functionalities?
TOKO can output and issue a wide variety of token asset types to support the most commonly adopted token standards in the market today. Once issued, TOKO can facilitate the transfer and redemption of the tokenized assets. The TOKO platform also enables on-chain asset servicing modules such as capital distribution and voting, allowing complex asset lifecycle activities to be implemented and managed under one platform.
How is TOKO different from other security tokenization platforms?
Unlike existing tokenization offerings in the market, TOKO gives clients the unique combination of legal knowhow from a leading full-service, global law firm and cutting edge tech. TOKO's integrated legal and technology solution uses DLA Piper's services for due diligence and deal structuring on all projects and transactions to help clients navigate the complexity of regulated securities.
TOKO also offers an end-to-end security token lifecycle management solution for primary issuance, secondary market trading and asset servicing, providing a streamlined one-stop shop solution.
What technology does TOKO use?
TOKO was developed in partnership with Hedera Hashgraph, a next-gen distributed ledger and graphs solution, of which DLA Piper is a governing council member.
TOKO is built using a hybrid private and public-chain environment. The platform uses a combination of distributed ledger and blockchain technologies – specifically, Hyperledger Fabric (HLF) and the Hedera Consensus Service (HCS).
HLF, an open-source permissioned distributed ledger platform, enables the privacy and security of asset information, investor information, and token event histories. HCS allows TOKO to use the trust layer of the Hedera Hashgraph public network to fairly order, encrypt, and verify every transaction that originates or passes through the platform.
For clients and investors, this hybrid approach ensures transparency and trust in transactions that require privacy, while meeting regulatory compliance. This also means that only whitelisted network addresses and partners can participate and transact with tokens issued and managed through TOKO.