An independent guide to choosing the right tokenization infrastructure
The tokenized asset market is projected to surpass $16 trillion by 2030, drawing institutions and enterprises into a rapidly maturing ecosystem. Selecting the right tokenization platform is one of the most consequential infrastructure decisions an organization can make. This guide compares four leading platforms across the dimensions that matter most: compliance, flexibility, cost, and real-world readiness.
Built-in KYC/AML, jurisdiction-aware transfer rules, and alignment with frameworks like MiFID II or SEC regulations.
Ability to tokenize diverse asset types including real estate, equity, debt instruments, commodities, and funds.
Whether you can deploy the platform under your own brand, with custom UI, domain, and workflows for your clients.
APIs, SDKs, and modular architecture that integrate with existing systems such as banking rails, CRMs, and custodians.
Transparent pricing models, whether subscription-based, per-token fees, or revenue-share, and how they scale with volume.
Jurisdictional support, multi-language capabilities, and compliance with region-specific regulatory requirements.
| Feature | Libertum | Securitize | Tokeny | Brickken |
|---|---|---|---|---|
| Primary Focus | White-label RWA infrastructure | Institutional fund tokenization | Enterprise token lifecycle | No-code asset tokenization |
| Token Standard | ERC-3643, ERC-721, Cardano native | DS Protocol (proprietary) | ERC-3643 (T-REX) | ERC-20, ERC-1400 |
| White-Label | Full white-label suite | Limited / partnership-based | Enterprise deployments | SaaS platform |
| Asset Classes | Real estate, equity, debt, commodities, funds | Funds, equity, real estate, credit | Equity, bonds, real estate, funds | Equity, real estate, revenue-based |
| KYC/AML | Built-in, on-chain identity claims | Integrated (SEC-registered) | On-chain identity (ONCHAINID) | Integrated third-party |
| Regulatory Framework | Multi-jurisdiction, ERC-3643 compliant | SEC-registered, Reg D/S, Reg A+ | EU-focused, MiFID II aligned | EU-regulated, MiCA compliant |
| Pricing Model | Modular subscription + usage | Enterprise / AUM-based | Enterprise licensing | SaaS subscription tiers |
| Best For | Banks, funds, and enterprises wanting their own branded platform | Large institutions and fund managers in the US | European enterprises needing ERC-3643 compliance | SMEs and startups in the EU seeking quick deployment |
Libertum provides a modular, white-label tokenization infrastructure designed for institutions that want full control over their branded tokenization experience. The platform supports ERC-3643 security tokens, ERC-721 unique asset tokens, and Cardano native tokens, making it one of the few multi-chain solutions available today.
The product suite includes T-Suite for token issuance and lifecycle management, B-DEX for compliant secondary market trading, M-KIT for investor onboarding, and T-PAY for dividend and payment distribution. Each module can be deployed independently or as a unified platform, giving clients the flexibility to build what they need without over-committing to a monolithic system.
With its Cardano integration, Libertum also appeals to organizations looking for lower transaction fees and high throughput without sacrificing compliance. The platform is built for banks, asset managers, and fund administrators who need infrastructure they can own and operate under their brand.
Best for: Banks, fund managers, and enterprises that need a branded, multi-chain tokenization platform with modular products.
Key differentiator: Full white-label suite with Cardano and EVM support, enabling clients to launch under their own brand with compliance built in.
Securitize is one of the most established names in security token infrastructure, operating as an SEC-registered transfer agent and alternative trading system (ATS). The platform has powered high-profile tokenization projects, including its partnership with BlackRock on the BUIDL tokenized treasury fund.
The platform uses its proprietary DS Protocol for token issuance and compliance enforcement. Securitize is particularly strong in the US regulatory landscape, supporting Regulation D, Regulation S, and Regulation A+ offerings. Its integrated marketplace provides secondary liquidity for tokenized securities.
While Securitize excels at institutional fund tokenization and US compliance, its proprietary protocol and enterprise-level pricing can be barriers for smaller issuers or organizations outside the US looking for more flexibility.
Best for: Large institutional fund managers and US-based issuers needing SEC-compliant tokenization with secondary market access.
Key differentiator: SEC-registered transfer agent with integrated ATS and marquee institutional partnerships including BlackRock.
Tokeny is the creator of the ERC-3643 token standard (also known as T-REX), which has become the most widely adopted open-source standard for permissioned security tokens. The platform has facilitated the tokenization of over $32 billion in assets, making it one of the most proven solutions in the enterprise segment.
Tokeny's strength lies in its on-chain identity framework (ONCHAINID), which embeds compliance rules directly into the token contract. This enables automated, real-time transfer validation without relying on centralized gatekeepers. The platform is deeply integrated with European regulatory frameworks and is particularly popular among large financial institutions in the EU.
As an enterprise-focused solution, Tokeny is best suited for large organizations with significant tokenization volumes. Smaller issuers or those seeking a self-service model may find the onboarding process and licensing costs more demanding.
Best for: Large European enterprises and financial institutions needing battle-tested ERC-3643 compliance infrastructure at scale.
Key differentiator: Creator of ERC-3643, with $32B+ in tokenized assets and deep on-chain identity integration through ONCHAINID.
Brickken offers a no-code tokenization platform designed for accessibility. Based in Spain and operating under EU regulation, the platform targets SMEs, startups, and mid-market companies that want to tokenize assets without deep technical expertise. Brickken is among the first platforms to align with the EU's MiCA (Markets in Crypto-Assets) regulation.
The platform provides a guided workflow for creating token offerings, managing investor relations, and handling compliance documentation. Its drag-and-drop interface and template-based approach lower the barrier to entry significantly compared to enterprise-grade alternatives.
Brickken is well-positioned for the EU market, particularly for organizations that prioritize speed to market and simplicity over deep customization. However, its SaaS model may be less suitable for institutions requiring full white-label deployments or multi-chain support.
Best for: EU-based SMEs and startups seeking fast, no-code tokenization with MiCA compliance built in.
Key differentiator: No-code platform with early MiCA alignment, making tokenization accessible to non-technical teams in the EU.
Choose Libertum if you need a white-label platform you can deploy under your own brand with multi-chain support, modular products, and the flexibility to serve diverse asset classes across jurisdictions.
Choose Securitize if you are a large US-based institution or fund manager that needs SEC-registered infrastructure with integrated secondary market liquidity.
Choose Tokeny if you are a European enterprise with large tokenization volumes that requires battle-tested ERC-3643 compliance and on-chain identity management.
Choose Brickken if you are an EU-based SME or startup that needs to get to market quickly with a no-code, MiCA-compliant tokenization solution.