One asset, many token units.
Tokenization brings a real-world asset onto a blockchain as a digital record. The asset stays where it is — in a vault, with a custodian, on a register. What changes is that a single holding can be divided, moved and reconciled without touching the asset itself.
What the framework does.
Tokenization is not a single product but a set of technical functions applied to an asset. The VNX technology framework can support different functions depending on the partner’s structure and requirements.
Technical configuration
Defining how the token technically represents the relevant underlying asset and which token functionalities are required. Legal and product structuring stays with the partner and its advisers.
Custody of the underlying asset
The underlying real-world asset remains with an independent custodian under allocated or segregated arrangements, held separately from that custodian’s own assets.
Token generation
Tokens are minted based on confirmed data relating to the underlying asset and burned on instruction, so circulating supply always matches the recorded reserve.
Programmable controls
Whitelisting, transfer restrictions and other technical parameters can be configured at token-contract level.
Registerkeeping
Where required for a partner structure, VNX can identify persons entitled to dispose of tokens and maintain the corresponding register as part of the agreed B2B tokenization setup.
Multi-network deployment
The same token deployed natively across 15+ blockchains, with no change to the underlying reserve.
Reporting
Reserve statements, onchain supply data and token lifecycle records that partners, auditors and reviewers can reconcile independently.
What gets tokenized.
Where the tokenization infrastructure is applied today, and how other real-world asset structures are assessed.
Precious metals
Established use case
Investment-grade bars in allocated vault storage, tokenized by weight. A single bar can support thousands of divisible token units without splitting or re-assaying the metal.
Other real-world assets
Case by case
The tokenization infrastructure may support other real-world asset structures on a case-by-case basis, depending on their legal classification, custody setup and operational requirements.
Customized structures
Scoped per case
Customized tokenization infrastructure tailored to the partner’s asset, legal structure and operational requirements — token generation, smart-contract configuration, wallet and whitelisting functionality, blockchain connectivity and technical reconciliation.
No longer a pilot.
Tokenization has moved from experiment to production infrastructure. Tokenized real-world assets on public blockchains passed 32 billion dollars in May 2026, roughly tripling over the preceding twelve months, and large financial institutions now run tokenized structures in live systems rather than in pilots.
Figures are taken from public reporting as at May 2026. McKinsey projected in June 2024 that the market capitalisation of tokenized real-world assets could reach approximately 2 trillion dollars by 2030. These figures describe general market development, are indicative only, and are neither current market data nor investment advice. They relate to third parties and do not describe products or services offered by VNX.