February 24, 2026
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TOKENIZATION COMPLIANCE
The Vanderbilt Terminal for Global Tokenization Regulation
INDEPENDENT INTELLIGENCE FOR DIGITAL ASSET COMPLIANCE
Global RWA Tokenized: $18.9B ▲ +142%| MiCA Status: Live ▲ Dec 2024| VARA Licensed Platforms: 80+ ▲ +12| SEC Actions YTD: 14 ▲ +3| Tokenized Bonds Issued: $10.2B ▲ +68%| BlackRock BUIDL: $531M ▲ Mar 2024| STO Volume YTD: $3.8B ▲ +44%| Active Jurisdictions: 20+ ▲ +4| Global RWA Tokenized: $18.9B ▲ +142%| MiCA Status: Live ▲ Dec 2024| VARA Licensed Platforms: 80+ ▲ +12| SEC Actions YTD: 14 ▲ +3| Tokenized Bonds Issued: $10.2B ▲ +68%| BlackRock BUIDL: $531M ▲ Mar 2024| STO Volume YTD: $3.8B ▲ +44%| Active Jurisdictions: 20+ ▲ +4|

DLT Trading Facility

Lens 3 · Licensing

FINMA Licensing for Tokenization: Fintech License, DLT Facility, and Banking License

Three FINMA licensing pathways for tokenization businesses in Switzerland. Fintech license, DLT Trading Facility, banking license requirements, capital, timelines, and SRO affiliation.

Donovan Vanderbilt · February 24, 2026 · 12 min read
Lens 4 · Regulators

FINMA: Swiss Financial Market Supervision for Digital Assets

FINMA issued landmark 2018 ICO guidelines classifying payment, utility, and asset tokens; licensed SDX as the world's first DLT Trading Facility; and oversees 14+ fintech license holders with CHF 100M deposit cap.

Donovan Vanderbilt · February 24, 2026 · 7 min read
Lens 4 · Platforms

SIX Digital Exchange (SDX): The World's First Regulated Digital Securities Exchange

SDX holds the world's first FINMA DLT Trading Facility license, operates on R3 Corda, and settled the World Bank's CHF 200M digital bond with atomic DvP on a T+0 basis.

Donovan Vanderbilt · February 24, 2026 · 10 min read
Lens 1 · Regulations

Swiss DLT Act 2021: DLT Trading Facilities and Ledger-Based Securities

Switzerland's DLT Act — effective August 2021 — created the world's first DLT Trading Facility license and introduced ledger-based securities (Registerwertrechte) as a new category of Swiss law securities enforceable on-chain.

Donovan Vanderbilt · February 24, 2026 · 9 min read
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About Tokenization Compliance
Tokenization Compliance is an independent intelligence platform covering global tokenization regulation, published by The Vanderbilt Portfolio AG, Zurich.
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Global Tokenization Compliance Tracker
Live dashboards tracking MiCA implementation, jurisdiction readiness, enforcement actions, market volumes, and institutional adoption across global tokenization markets.
Jurisdiction Profiles: Global Tokenization Regulatory Intelligence
Tiered analysis of tokenization regulation across 20 jurisdictions — covering licensing, AML, capital requirements, and compliance checklists.
Legals
4 articles
Regulator Profiles: Digital Asset and Tokenization Oversight
Authoritative profiles of the financial regulators shaping digital asset and tokenized securities markets, from ESMA and the SEC to VARA and MAS.
Tokenization Benchmarks: Jurisdiction and Framework Comparisons
Side-by-side regulatory comparisons for tokenization jurisdictions—US vs EU, UAE vs Singapore, Switzerland vs Liechtenstein, and the definitive 2026 jurisdiction ranking.
Tokenization Compliance Encyclopedia
The definitive A–Z reference for tokenization regulation, compliance, and digital asset law across 20+ jurisdictions.
Tokenization Compliance: Analysis and Editorial
Institutional-grade editorial analysis of tokenization regulation, compliance strategy, market structure, and geopolitics — written for compliance officers, fund lawyers, and risk managers.
Tokenization Investment Intelligence
Institutional-grade analysis of the tokenized asset market. Market sizing, institutional adoption, platform analysis, and investment intelligence for fund managers and compliance officers.
Tokenization Licensing Guide
Jurisdiction-by-jurisdiction licensing requirements for tokenization platforms. Capital, fees, timelines, and application strategy for 15 regulators.
Tokenization Platforms: Infrastructure, Protocols, and Market Participants
Profiles of the leading tokenization platforms, custody infrastructure providers, and DLT networks reshaping institutional capital markets.
Tokenization Regulations: Global Frameworks
Comprehensive coverage of tokenization regulations worldwide: MiCA, DLT frameworks, securities law, stablecoin rules, and custody requirements.
Tokenization Sectors: Compliance Across Asset Classes
Sector-by-sector compliance guides for real estate, securities, stablecoins, DeFi, carbon credits, art, and commodities tokenization.
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