Engine

Hybrid

Fabric

Safety

Scintilla, a digital asset firm, has unveiled significant upgrades to its tokenization engine. This development follows the completion of its acquisition of VARA-regulated TOKO Network, a tokenization solutions provider previously owned by global law firm DLA Piper. While the TOKO license has remained active since its issuance, no significant activities have been highlighted since the company obtained its Virtual Asset Service Provider (VASP) license. 
With this transaction, Scintilla has redefined its platform, now poised to offer a comprehensive suite of fully regulated virtual asset services under the Virtual Asset Regulatory Authority (VARA) in Dubai. While the platform’s formal rebranding is underway, it remains licensed under its original TOKO identity, pending regulatory updates. 
Scintilla’s tokenization platform offers services ranging from asset structuring to issuance, distribution, and listing, with a particular focus on real-world assets (RWAs). These enhancements come as the global tokenized asset market is projected to surpass $16 trillion by 2030, driving industries like real estate, healthcare, and finance toward greater liquidity, transparency, and accessibility. 
<h2 class="wp-block-heading" id="h-updates-to-scintilla-s-tokenization-engine">Updates to Scintilla’s Tokenization Engine</h2> 
<ul class="wp-block-list"> 
 <li>Hybrid Architecture: Scintilla integrates private and public blockchain systems, utilizing a private Hyperledger Fabric infrastructure for confidential data and public chains for token data. This ensures compliance and enhances security across all transactions.</li> 
 <li>Customizable Asset Templates: Leveraging deep industry knowledge, Scintilla offers pre-structured, customizable templates to streamline the tokenization process for various use cases, particularly in sectors such as real estate and healthcare.</li> 
 <li>Enhanced Safety Features: Scintilla’s tokenization engine includes robust security features like whitelisting and token recovery mechanisms, ensuring that issuers and investors maintain a secure, compliant environment.</li> 
 <li>Multi-Chain Integration: With integration across Ethereum, Polygon, Algorand, and Hedera blockchain networks, Scintilla offers flexible solutions with enhanced compliance, especially critical in Dubai’s regulatory landscape.</li> 
</ul> 
As part of its ongoing efforts, Scintilla is also working on developing comprehensive profiles for both investors and institutions, providing intuitive tools to manage and access assets with ease. 
<h2 class="wp-block-heading" id="h-a-new-chapter-for-tokenized-assets">A New Chapter for Tokenized Assets</h2> 
“The future of tokenized assets is one of security, compliance, and accessibility,” said Tim Popplewell, CEO of Scintilla. “With our advanced tokenization engine, we are bridging the gap between new, industry defining technology and the regulatory rigor required to unlock the full potential of this transformative industry.”&nbsp; 
With its acquisition of the fully-regulated VARA entity, Scintilla ensures trust and compliance while expanding access to tokenized solutions across industries. 
The post <a href="https://www.unlock-bc.com/133696/scintilla-strengthens-tokenization-engine-and-expands-vara-regulated-services-following-strategic-acquisition/">Scintilla Strengthens Tokenization Engine and Expands VARA-Regulated Services Following Strategic Acquisition</a> appeared first on <a href="https://www.unlock-bc.com">UNLOCK Blockchain</a>.

Scintilla Strengthens Tokenization Engine and Expands VARA-Regulated Services Following Strategic Acquisition

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