For issuers
Third-party providers
Tokenization platforms that issue for many clients can be admitted once, so each of their issuers starts from a reviewed technical baseline instead of from zero.
What exists today
What provider admission reviews
The platform, not the assets. Every asset an admitted provider issues still passes the twelve standards.
- Contract templates
- Audited templates per chain family with the control powers documented. A template review is inherited by every deployment that uses it unchanged.
- Key management
- Who holds mint, freeze, pause and upgrade keys per client, and how a client's keys are separated from the provider's.
- Identity and transfer rules
- How the provider's registry enforces whitelist, jurisdiction, tier, lock-up and caps, and whether the engine's commit rules can call it.
- Reporting feeds
- Supply, holder and event feeds the provider can push to Watchtower, with the cadence stated.
- Structures supported
- Direct title, SPV interest, Trust or depositary receipt, Contractual claim, Fund unit, Debt instrument, Protocol-native.
- Chain families supported
- EVM, Solana, Stellar, XRPL, Hedera, Algorand, Polymesh, Canton.
The process
- 011 to 2 weeks
Application and KYB
Provider entity, directors, UBOs, sanctions screening, professional indemnity cover.
- 023 to 5 weeks
Technical review
Templates, audits, key policy, registry integration and feeds reviewed by Technical Review and Custody.
- 03Day 0 after decision
Admission and console
The provider console opens: client roster, per-client scopes, template versions and Watchtower feed status.
- 04Every 12 months
Annual review
Templates, audits and key policy re-reviewed; changes between reviews are declared in the console.
What stays with the issuer