Introduction to Tokenized Real-World Assets
As the demand for tokenized real-world assets (RWAs) rises on an international scale, Fasset is strategically leading the charge with its new platform, Own. Built on an Ethereum Layer 2 framework, Own is specifically designed for the regulated distribution of RWAs. Fasset aims to tokenize and provide access to over $1 billion in U.S. equities, featuring well-known companies such as Apple, Microsoft, and Nvidia, to serve investors in underserved markets globally.
Innovative Features of Own
In a recent conversation with Fasset’s leadership, including Raafi Hossain, the co-founder and CEO, we explored the innovative aspects of Own, the regulatory frameworks in different countries, and how dividends will function alongside the interaction of these tokenized stocks with both traditional finance (TradFi) and decentralized finance (DeFi) systems.
According to Hossain, the successful rollout of Own has been influenced by three main factors: the clarity provided by regulators in key markets, the advancement of technology capable of secure large-scale tokenization, and evidence of high demand—particularly from emerging markets where access to U.S. equities is limited.
Enhanced Technology and Frameworks
Own leverages Arbitrum’s Layer 2 technology, which enhances security and reduces transaction costs. Fasset has added specialized tools for RWAs that allow for compliance, verification of assets, and simplified management and issuance. Notably, they have integrated modules for handling dividends—functions that are often missing from conventional blockchains—and methods for confirming ownership.
Diverse Investment Portfolio
Fasset’s portfolio includes more than 50 tokenized U.S. equities, encompassing a carefully curated selection of stocks and ETFs across various sectors such as technology, healthcare, consumer goods, and energy. Additionally, options for Shariah-compliant investments and commodity ETFs ensure diverse, inclusive opportunities that resonate with their target audience.
Regulatory Compliance Across Regions
Operating in the UAE, Indonesia, Malaysia, and Pakistan, Fasset has established regulatory-compliant frameworks tailored for each market. The UAE serves as a central hub under its VARA license, whereas in Indonesia, they collaborate with local banks to facilitate currency exchange in line with Bappebti regulations. In Malaysia and Pakistan, compliance with local laws is routinely updated as regulations evolve.
Investor Benefits and User Experience
Investors in dividend-bearing stocks will benefit from payouts in stablecoins which are conveniently deposited into their wallets within the Fasset app. In cases where users transact through DeFi, dividends must be manually claimed using the DEX interface. Each dividend-eligible stock is fully backed by regulated custodial shares or directly in the users’ wallets on the Own network.
The user interface has been crafted to deliver a familiar experience for individuals used to traditional financial applications, while simultaneously granting access to a broader range of global investment opportunities that were previously out of reach. Secure banking integrations ensure regulatory compliance throughout all transactions.
Future Opportunities in Investment
In a marketplace where stocks like MSTR and META serve as gateways to emerging technology trends, Fasset recognizes the vital role of tokenizing a diverse array of assets, including stocks, funds, commodities, and thematic investments. This strategy will aid users in building portfolios that reflect a blend of technological optimism and solid long-term investment principles.
This initiative is particularly pertinent for investors in emerging markets as they often find regulated stock offerings more accessible than direct investment in cryptocurrencies. By transitioning real U.S. equities onto the blockchain, Fasset is unlocking new pathways for investment and potential integration into DeFi applications, which could offer opportunities for themed investment packages and collateral use in lending markets.
Conclusion
Most crucially, each interaction with DeFi is optional, allowing users to either hold their tokenized assets on Fasset’s regulated platform or to actively engage with DeFi functionalities when they choose to. This dual approach—combining regulatory assurance with the innovative aspects of DeFi—embodies Fasset’s core philosophy and its ambition to reshape the investment landscape for a global audience.
