Hashgraph Launches Modular Tokenization Platform Asseto on Hedera and HashSphere

Hashgraph has launched Asseto, a modular tokenization platform developed by ioBuilders, on both the public Hedera network and the private HashSphere network. The platform is designed to give financial institutions an end-to-end environment to issue, service, trade, and settle tokenized financial assets without building the underlying infrastructure in-house.

Tokenized asset issuance has emerged as one of the most actively explored use cases for enterprise blockchain, with banks, asset managers, and market infrastructure operators evaluating distributed ledger technology for the lifecycle management of bonds, equities, money market funds, and other instruments. Most deployments to date have required custom development for each new asset class and have applied regulatory controls as an additional layer on top of the underlying token. Asseto moves both layers — asset configuration and compliance enforcement — into the platform itself.

The system covers the full lifecycle of a tokenized asset across five operational areas. Issuance allows institutions to mint native or tokenized representations of equity, debt, loans, and other instruments with compliance logic embedded in the asset itself. Servicing automates interest payments, redemptions, corporate actions, and capital events on-chain through smart contracts. Primary and secondary market operations include listings, market rules, order management, and trade execution, all traceable on the ledger. Registry functions handle ownership, minting, burning, and transfers with full audit trails. Post-trade settlement supports atomic delivery-versus-payment with both on-chain and off-chain payment options, removing counterparty risk at the protocol layer.

The platform is deployed entirely within the client's own infrastructure with no external dependencies, and can be installed as individual modules or as a full suite. Supported asset types include equities, bonds, money market funds, funds, private equity, and loans, all enabled through configuration rather than custom engineering. Compliance controls — investor eligibility, transfer restrictions, and regulatory requirements — are encoded directly in the smart contracts that govern each asset, rather than being applied through an external monitoring layer. The platform is designed to operate as an overlay on existing core banking infrastructure, integrating with custody, settlement, and reporting systems through API-based connections rather than replacing them.

A defining feature of the rollout is network optionality. Institutions can choose to deploy Asseto on Hedera, the public network, or on HashSphere, a private deployment of the same underlying technology that allows the institution to retain control over which parties access transaction data. The choice is positioned as a function of each institution's data sovereignty, privacy, and operational requirements.

ioBuilders, the firm that developed Asseto, is a digital asset technology company founded in 2018 and headquartered in Madrid, with additional offices in London and Singapore. The company employs more than 80 staff and has delivered more than 60 projects for over 30 institutional clients, with a stated focus on regulatory-grade digital asset solutions for financial institutions, market infrastructure operators, and regulators. Hashgraph, which is now offering Asseto to its institutional client base, is the company behind the Hedera and HashSphere networks.

The launch positions Asseto as one of the first institutional tokenization platforms to ship with both public and private network options on the same underlying ledger technology, a configuration that addresses a recurring tension in financial sector blockchain adoption between the transparency of public networks and the data control requirements of regulated entities. According to Hashgraph, the platform is targeted at financial market infrastructure providers, asset servicers, issuers, and money market fund operators looking to launch tokenized products without committing to a multi-year engineering build.