The startup develops record management software that integrates digital tools, APIs, and standardized business processes to manage digital assets in financial services and capital markets. This technology enables governments and enterprises to enhance automation and efficiency while ensuring data integrity and trust.
Funding
$3.2M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Traditional methods of managing digital assets in financial services and capital markets often lack the necessary integration of digital tools, standardized processes, and APIs, leading to inefficiencies and potential data integrity issues. This can hinder automation and the establishment of trust in digital asset management.
Solution
10XTS provides software and data solutions that enable organizations to securely digitize and tokenize real-world assets (RWAs). The company leverages distributed ledgers and blockchain technology to ensure transparent, immutable, and secure data management. 10XTS's Asset Tokenization 2.0 framework addresses the complexities of property rights, legal frameworks, and obligations associated with real-world assets, making digital assets more versatile and compliant with regulatory standards. The Conduit Network, a decentralized physical infrastructure network (DePIN) that combines hardware, operating systems, and protocols with security features, powers the platform. This allows institutions, businesses, and individuals to tokenize and manage complex asset rights with full ownership and control.
Target Audience
The primary target audience includes financial institutions, capital markets, and enterprises seeking to enhance automation, efficiency, and data integrity in their digital asset management processes.
Features
- Asset Tokenization 2.0 framework for managing real-world assets on the blockchain
- Conduit Network, a decentralized physical infrastructure network (DePIN)
- Distributed ledger technology for transparent and secure data management
- Real-time auditing of controls with transparency of legal and accounting details
- API-based services to facilitate integration with traditional financial systems and enterprise software
- Institutional-grade digital asset custody solutions for secure storage of tokenized assets
- Blockchain-agnostic design for seamless interaction between different blockchain networks
- Smart contracts enable dynamic pricing adjustments based on market conditions and asset performance