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OCB · Issuers

Who issues tokenized assets — and under whose oversight.

What this is

The diligence registry of every entity issuing a tokenized asset under coverage — 30 issuers today.

What it shows

For each issuer: its financial regulator, legal structure, auditor and last audit — the off-chain standing behind the token.

Why it matters

A tokenized asset is only as sound as the entity behind it. This is the first stop in issuer diligence — who, where regulated, audited by whom.

By primary regulator

10US SEC
5BVI FSC
2AMF (FR)
2EU
2MAS (SG)
1AE
1ASIC
1CIMA (KY)
1FCA (UK)
1FMA (LI)
1LT
1NYDFS
2No financial regulator

18 of 30 issuers name a financial-statement auditor. “No financial regulator” is a stated fact, not a judgement — some issuers (e.g. protocol DAOs) sit outside any securities regime by design.

01 · The registry

Every covered issuer, ranked by instruments under coverage. Each row links to the issuer’s full profile — aggregate trust score, per-instrument breakdown and score history. A dash means not disclosed to us; we show none rather than infer.

IssuerRegulatorLegal structureAuditorLast auditGovernanceInstruments
Robinhood Europe UABLTUAB (Lithuania investment firm, MiFID II passported EU/EEA)——Undisclosed199
BTech Holdings Limited (bStocks / Binance)AELimited (ADGM FSRA prospectus; Certificates, FSMR Sch.1 para 92)——Undisclosed57
Dinari Global Inc.US SECUS broker-dealer (SEC/FINRA-registered)Ernst Wintter & Associates LLPApr 2026Undisclosed36
DigiFT Tech (Singapore) Pte. Ltd.MAS (SG) · SFC (HK)Singapore private limited company——Undisclosed2
MidasFMA (LI) · BaFinGerman GmbH (Midas Software GmbH, Berlin); parent: Midas Protocol Limited (UK)——Multi-sig2
Ondo FinanceUS SECLLCAnkura Trust CompanySep 2025Multi-sig2
PaxosUS SECNY trust companyKPMG LLPDec 2025Multi-sig2
SpikoAMF (FR)SICAV UCITS (Société d'Investissement à Capital Variable), France (AMF-approved)PricewaterhouseCoopers LLPDec 2025Multi-sig2
TetherBVI FSCBVI LimitedBDO ItaliaSep 2025Multi-sig2
Aave DAOUnregulatedDecentralized DAO (AAVE token governance); development: Aave Labs——Multi-sig1
Anemoy CapitalBVI FSCBVI SPCMHA CaymanDec 2024Multi-sig1
BlackRock / SecuritizeUS SECBVI fundBNY MellonDec 2025Multi-sig1
Circle Internet FinancialUS SEC · EUPublic US corporation (NYSE: CRCL)Deloitte & Touche LLPMay 2026Multi-sig1
Circle SAS (France)EU · AMF (FR)French EMI (ACPR-authorized), subsidiary of CircleDeloitte & Touche LLPJun 2026Multi-sig1
Ethena LabsBVI FSCBVI LimitedHarris & Trotter Digital AssetsApr 2026Multi-sig1
Fidelity Hereford Street TrustUS SECDelaware statutory trust — SEC-registered open-end management investment company (Investment Company Act of 1940, Form N-1A). Adviser: Fidelity Management & Research Company LLC (FMR).——Undisclosed1
Fidelity InternationalCIMA (KY) · CSSF (LU)Cayman Islands Segregated Portfolio Company (Fidelity International Strategies Funds SPC)Deloitte—Undisclosed1
Franklin TempletonUS SECmutual fundPricewaterhouseCoopers LLPSep 2025Multi-sig1
Frax FinanceUnregulatedDecentralized protocol (veFXS governance); entity: Frax Finance (no formal legal wrapper confirmed ≥90%)——Multi-sig1
JPMorgan Asset ManagementUS SECUS registered government money market fund (1940 Act trust series); tokenization via Kinexys Digital Assets——Undisclosed1
Maple FinanceASICAustralian company + Cayman pool entities (permissionless ERC-4626 wrapper)——Multi-sig1
MatrixdockMAS (SG)Singapore private limited company (Matrixdock Pte. Ltd.), subsidiary of Matrixport Group——Multi-sig1
OpenEden LabsBVI FSC · BMA (BM)BVI open-ended professional fund (Hill Lights International Limited); Bermuda licensed digital asset business (segregated accounts company)TJ Assurance Partners PAC—Multi-sig1
OpenTradeFCA (UK)UK private limited company (OpenTrade Technology Ltd.); investment advisor: Five Sigma Finance Ltd. (FCA AR)——Undisclosed1
Ripple (Standard Custody & Trust Co.)NYDFSNYDFS-chartered limited purpose trust company (Standard Custody & Trust Co.), Ripple-affiliated issuerDeloitteJun 2026Undisclosed1
Schuman Financial S.A.EU · AMF (FR)French EMI (ACPR-authorized)SALVUS SASJun 2026Multi-sig1
SuperstateUS SECPrivate fund (Delaware Statutory Trust, Section 3(c)(7))Ernst & Young LLP—Multi-sig1
Usual MoneyAMF (FR)French SASChaintrustApr 2026Multi-sig1
VanEckBVI FSC · US SECBVI open-ended fund (VanEck Treasury Fund, Ltd.); platform: Securitize (SEC-registered)——Multi-sig1
WisdomTree Digital TrustUS SECDelaware statutory trust (open-end government money market fund, 1940 Act)Ernst & Young LLPJun 2025Multi-sig1

Regulatory and audit metadata is maintained in-house from issuer filings and public registers. “Last audit” is the most recent financial-statement audit date disclosed to us — not an attestation of reserves. For the full picture on any issuer, open its profile.

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Independent · Not investment advice