Tokenize real-world assets on auditable rails
Connect off-chain cash flows to on-chain tokens with a double-entry ledger that keeps issuance, distributions and redemptions provably in sync.
On-chain tokens, off-chain truth
The cash leg is where tokenization breaks.
Tokens represent real assets, but the cash, distributions and redemptions live off-chain. Keeping both sides reconciled is the hard part.
STRIPE_ACCOUNT_MAIN
account-based · the sum of ledger accounts equals the cash pool
_PROOF/ Tokenization platforms on Formance keep the cash leg provably in sync with on-chain supply.
Subscribe, distribute, redeem
The cash leg, mirrored to the token leg.
Investor cash subscribes into a custody account, income distributes pro-rata, and redemptions return capital — each posting mirrored to token events.
The cash leg, handled
On the open-source Formance ledger. Custody, distributions and redemptions, provably linked to the token.
segregated custody
CUSTODY LEDGER
Track the cash and assets backing each token in segregated, double-entry accounts with derived balances.
| account | amount |
|---|---|
USERS:1234 | EUR/2 123,000 |
USERS:5678 | EUR/2 23,000 |
| USD/2 32,000 | |
USERS:2342 | JPY/0 123,000 |
| BTC/8 .000020 |
deterministic, pro-rata
DISTRIBUTIONS
Model pro-rata income distributions to holders as deterministic, auditable Numscript transactions.
Read the Numscript docscash ↔ token in sync
TOKEN SYNC
Keep off-chain postings and on-chain token events in lockstep, so cash and supply always agree.
SYNC | custody:pool ↔ token:supply 1:1 |
MATCH | subscribe EUR 50k ↔ mint 50k tokens |
MATCH | income EUR 2.4k ↔ distribute event |
DRIFT | D-0 cash vs supply 0.00 |
MATCH | redeem EUR 10k ↔ burn 10k tokens |
RESOLVE | point-in-time · cash ↔ token |
SYNC | custody:pool ↔ token:supply 1:1 |
Provable from day one
Distribute income, pro-rata
Split a distribution across holders in one transaction.
Allocate an income distribution across token holders proportionally — deterministic and fully auditable.
Trusted by builders
“Formance enabled us to ship new lending products faster by providing a customizable foundation that let us reliably express the complexities of our flow of funds.”
Embedded finance · reconciliation across 14 countries
See customer story
“Formance is the foundation of our Financial OS, the open-source approach lets us retain control over this key component.”
Healthcare · Financial OS
“Formance helped us kick off our move into fintech, with robust infrastructure and intuitive developer tooling.”
Benefits · fintech infrastructure
Built for regulated money.
Enterprise controls, the certifications auditors ask for, and an immutable record, out of the box.
09:41:07Z AUDIT gateway POST /api/ledger/v2/main/transactions 200 sub:ops@acme.io
09:41:09Z LOG id:4093 NEW_TRANSACTION ledger:main
09:41:12Z LOG id:4094 SET_METADATA ledger:main
09:41:15Z LOG id:4095 REVERTED_TRANSACTION ledger:main
09:41:18Z AUDIT gateway GET /api/ledger/v2/main/logs 200 sub:audit@acme.io
Keep going
Everything you need to evaluate and build on Formance.
Tokenization, answered
01 / HOW DO YOU LINK THE TOKEN TO THE ASSET?
The cash and assets backing each token live in segregated, double-entry custody accounts. Off-chain postings and on-chain token events are kept in lockstep, giving regulators a provable link between asset and token.
02 / HOW ARE DISTRIBUTIONS HANDLED?
Pro-rata income distributions are deterministic Numscript transactions — auditable and reproducible. Allocations cannot silently drift from the holder register.
03 / WHAT KEEPS CASH AND SUPPLY IN SYNC?
Subscriptions, distributions and redemptions each post on the cash leg and mirror to token events, so circulating supply and backing cash always agree.
04 / IS THE FULL HISTORY AUDITABLE?
Yes. Every movement is an immutable double-entry transaction, so you can reconstruct custody balances and token state at any point in time.
Build on infrastructure you can trust
See how Formance fits your stack, book a demo, or start building today.