Compliant Real-World Asset Tokenization
Aegis Prime provides a standardized and compliant tokenization solution for real-world assets with focus on tokenization and STO distribution among Banks, Broker Dealers, Asset Managers and Family Office.
hk@aegiscustody.com
Aegis Prime follows the core criteria of circulars* announced by the Securities and Futures Commission (SFC) and Hong Kong Monetary Authority (HKMA) in Hong Kong to provide a compliant, secure solution for tokenization covering the following risk factors:
Smart Contract Security
Security infrastructure of its blockchain protocol
Inter-operability issues between DLT networks and the back-end systems of the tokenized product issuer and other parties throughout the security lifecycle such as custodians/wallet service providers
Robust and properly maintained policies and procedures, systems and controls underpinning the operation of the Tokenized Securities
*Reference
https://www.hkma.gov.hk/media/eng/doc/key-information/guidelines-and-circular/2024/20240220e2.pdfhttps://www.hkma.gov.hk/media/eng/doc/key-information/guidelines-and-circular/2024/20240220e4.pdfhttps://www.hkma.gov.hk/eng/key-functions/international-financial-centre/fintech/research-and-applications/distributed-ledger-technology-dlt/https://apps.sfc.hk/edistributionWeb/gateway/EN/circular/doc?refNo=23EC52Real-world asset tokenization offers numerous benefits, including increased liquidity, enhanced transparency, and improved accessibility. By converting real-world assets into digital tokens, it allows for fractional ownership, enabling more investors to participate in markets that were previously inaccessible due to high entry costs. This process also ensures secure, immutable records of ownership on the blockchain, reducing fraud and enhancing trust. Additionally, tokenization streamlines the transfer and settlement processes, making transactions faster and more cost-effective. Overall, it provides a more efficient, inclusive, and secure way to invest in and manage real-world assets.
ASSET-AGNOSTIC TOKENIZATION
Available Asset TypesAegis Prime provides a standardized issuance process design, enabling any asset type to be tokenized through the same process, offering a true one-stop solution. In addition to the asset types already available via the user interface, new asset types can be added and existing asset types can be customized according to requirements.
Tokenized Art
Tokenized Bond
Tokenized ESG
Tokenized Fund
Tokenized Trade Debt
HOW IT WORKS
Tokenize in Four Simple Steps
1
UPLOAD
Asset Owner Uploads Asset Information via UI
by Client
2
CONFIRM
Admin Confirms Receipt of Submission
by Aegis Custody
3
ACKNOWLEDGE
Asset Owner Acknowledges Action of Tokenization via UI
by Client
4
ISSUE
Tokens are Issued & Sent to Designated Address
by Aegis Prime
WHAT MAKES US DIFFERENT
What Do Our Tokens Represent?DIGITAL REPRESENTATION
Tokens are digital representations of the beneficial ownership changes of the underlying assets.
TOKEN TYPES
Aegis Prime’s compliant smart contract contains two types of tokens:
- Issuance Tokens contains meta data of the underlying assets and acts as the digital certificate of the asset.
- Ownership Tokens fractionalize beneficial ownership and is used as the prove of ownership of the underlying assets, ensuring beneficial ownership changes through third party secondary trading venue to be recorded on blockchain.
METADATA
Tokens allows asset information to be documented on the blockchain as human-readable, verifiable metadata while retaining confidentiality. Through its intuitive platform, multi-party authentication is implemented during the tokenization process of real-world assets, ensuring authenticity and security.
WHEN TOKENIZATION MEETS CUSTODY
How Aegis Prime workshand in hand with Aegis Custody (HK)
LEGAL REGULATORY
- Aegis Prime leverages Hong Kong’s premium trust structure which allows various asset type to be put into a trustee structure under TCSP (Trust and Company Service Provider) license held by Aegis Custody (Hong Kong).
- Aegis Prime takes the trustee and custodian legal structure into considerations into account to ensure compliance and security and bankruptcy remote of the underlying real world assets in its tokenization solution. Financial institutions can tokenize real-world assets under a standardized legal structure in Hong Kong.
CUSTODY
- Regulations in Hong Kong have stipulated that if tokens are held on behalf of clients, the tokens (digital assets) themselves must be subject to a custody arrangement. Circulars announced by the regulators provide guidelines regarding the custody of tokenized assets. This is where Aegis Custody (Hong Kong) plays a significant role, either as a custodian for licensed broker dealers or asset managers or as a custody solution provider for banks in Hong Kong when banks hold tokens on behalf of banks’ clients.
- With more than five years of experience in the digital asset custody and technology space, Aegis has brought its expertise to Hong Kong to support financial institutions seeking compliant solutions for operating digital asset businesses. Aegis Custody is currently the only digital asset custodian regulated simultaneously in the US, Hong Kong, and Singapore. With custody entities in different jurisdictions, Aegis Custody has been a registered TCSP in Hong Kong since 2019, a Qualified Custodian in the US with a South Dakota Charter since 2022, and has recently received the first batch of license exemptions for digital asset custodians under the Major Payment Services Act in Singapore in 2024.
Trust/custody over underlying traditional assets (RWAs) for the benefit of token holders
Underlying Traditional Assets (RWAs)
Tokenization Process
If the tokens are held on behalf of clients, then the tokens (digital assets) themselves will also need to be subject to a custody arrangement
Issued Tokens
Aegis Prime is led by experienced experts in the finance, custody and digital asset space to deliver best-in-class solutions for tokenization.
Oliver Ng
CEO of Aegis Prime
Oliver Ng, the CEO of Aegis Prime, has an impressive background with 23 years as Managing Director and Co-Head of Equity Sales and Derivatives Division at BOCI Securities Limited. After proudly retiring from over 30 years in the traditional finance industry, he ventured into the digital asset world. Under his leadership and guidance, Aegis Prime is poised to deliver best-in-class tokenization solutions in Hong Kong, helping financial institutions issue trustworthy tokens representing valuable real-world assets.
Serra Wei
CEO & Founder of Aegis Custody
Serra Wei is a cryptocurrency finance executive, investor, and entrepreneur with a blend of experience in both legacy and blockchain-based finance and cryptocurrencies. She has worked with Goldman Sachs and holds an MBA from Stanford Business School. Currently, Serra Wei is the founder and CEO of Aegis Trust & Custody and the founder of Aegis Prime, dedicated to integrating custody and tokenization solutions into the world of blockchain technology.
Aegis Prime offers a compliant, one-stop tokenization solution for real-world assets with a streamlined process, enabling financial institutions to issue trustworthy tokens representing valuable assets across various industries.
Get in touch by filling out the form or emailing us directly at hk@aegiscustody.com and a team member will reach out to you shortly.
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Let’s Tokenize