Overview of the SettleMint asset tokenization kit
This page explains the Asset Tokenization Kit (ATK) as SettleMint's implementation of DALP principles. You'll learn what ATK provides, which asset classes it supports, how compliance and security work in practice, and what outcomes institutions achieve.
Key terms
- ATK – Asset Tokenization Kit, SettleMint's production DALP implementation
- ERC-3643 – Token standard for permissioned securities with embedded compliance
- SMART Protocol – SettleMint Adaptable Regulated Token protocol providing unified compliance
- Multi-signature wallet – Wallet requiring multiple approvals for transactions
What the asset tokenization kit is
The SettleMint Asset Tokenization Kit (ATK) is a production-ready implementation of a Digital Asset Lifecycle Platform. It's working software that institutions can deploy to manage the complete lifecycle of tokenized securities from issuance through redemption.
ATK provides everything needed to create, manage, and service tokenized bonds, equities, funds, stablecoins, and deposit certificates in one integrated platform. The compliance engine, custody controls, settlement coordination, and operational tooling work together because they were architected together.
The full-stack includes smart contracts implementing compliance-aware tokens, a modern web application for issuers, administrators, and investors, backend APIs and services for integration, blockchain indexing for real-time ownership registries, database schemas for off-chain data, deployment infrastructure for production operations, and developer documentation and SDKs for customization.
The platform is opinionated about architecture—unified lifecycle management with embedded compliance—but flexible about deployment. Run it on-premises, in your cloud infrastructure, or as dedicated SaaS. Deploy to Ethereum, Polygon, Hyperledger Besu, Quorum, or any EVM-compatible network. Customize the user interface, integrate with your systems, and extend the smart contracts for asset-specific requirements.
Key features and capabilities
Complete lifecycle management (competitive differentiator)
ATK's implementation of DALP principles delivers integrated lifecycle management that competitors can't match. These capabilities aren't add-ons or integrations—they're architected into the platform from the ground up:
The asset lifecycle flows through five integrated phases: Issuance creates the token with embedded compliance from deployment. Compliance enforces rules at every transfer, validating identity claims and regulatory requirements. Custody secures assets in multi-signature vaults with maker-checker workflows. Settlement executes atomic transfers where cash and tokens move together or both revert. Servicing automates yield calculations, dividend distributions, and redemptions. Each phase references the same control plane—no reconciliation between vendors.
Delivery versus Payment (DvP): Atomic settlement ensures asset and cash transfer simultaneously or both revert. No settlement risk. No reconciliation. True T+0 finality. The XvP settlement system coordinates multi-party exchanges where every leg executes together—if any party's transfer fails, the entire settlement reverts. This eliminates counterparty risk and the need for trusted intermediaries.
Secure Treasury Vaults: Multi-signature custody with role-based access control. Configurable quorum requirements ensure no single person can move assets unilaterally. The vault system provides maker-checker workflows where one admin proposes transactions and others approve before execution. Emergency pause capabilities protect against compromised accounts. Full audit trails track every proposal, approval, and execution.
Scheduled Yield Management: Fixed yield schedules calculate dividend, interest, and coupon entitlements automatically without manual processing. Configure payment schedules once, and the platform calculates distributions on payment dates. Token holders claim their yields directly through smart contracts with cryptographic proof of entitlement. No spreadsheets, no reconciliation, no manual wire transfers.
These three capabilities—DvP settlement, vault custody, and scheduled yield management—form the operational backbone that separates institutional-grade lifecycle platforms from basic token issuance tools. While competitors offer pieces through multiple vendors requiring integration, ATK delivers unified lifecycle management where these capabilities work together seamlessly.
Multi-asset support from day one
Five asset classes ship as ready-to-deploy templates, not future roadmap promises:
Bonds (Debt Instruments): Fixed or floating rate, with maturity dates, coupon payment schedules, redemption mechanics, and collateral tracking. The platform calculates interest entitlements on payment dates for token holders to claim, and handles redemption at maturity without manual reconciliation.
Equities (Company Shares): Common or preferred shares with voting rights, dividend distributions, cap table management, and shareholder governance. Voting power automatically derives from token holdings at snapshot blocks, and votes are tallied on-chain without spreadsheets.
Funds (Investment Units): Open-ended or closed-end fund structures with NAV tracking, management fee calculation, performance monitoring, subscription processing, and redemption workflows. The platform maintains real-time holder registries and automates fund administration that traditionally takes days.
Stablecoins (Fiat-Pegged Tokens): Tokenized representations of fiat currencies with reserve management, peg maintenance, minting controls tied to actual deposits, and burning processes for redemptions. Issuers get transparency into collateral ratios and automated compliance with reserve requirements.
Deposits (Certificates): Time-locked deposit certificates with collateral verification, maturity tracking, and interest accrual. These bridge traditional banking products into programmable assets with automated lifecycle management.
Each asset type implements the SMART Protocol (SettleMint Adaptable Regulated Token), which means they all share compliance infrastructure, custody controls, and operational tooling despite having different economic terms and lifecycle events.
Critically, every asset type gains access to ATK's lifecycle capabilities: bonds use DvP for primary issuance and secondary trading, vaults for secure treasury management, and yield schedules for coupon calculations; equities leverage vaults for corporate treasury and yield schedules for dividend entitlement tracking; funds rely on DvP for subscription/redemption settlement and vaults for asset custody. The lifecycle management isn't separate—it's how these assets operate.
Regulatory compliance embedded in the architecture
Compliance isn't a dashboard feature you turn on after deploying tokens. It's in the token's DNA through the ERC-3643 standard implementation.
The Identity Registry maintains verified investor profiles with KYC/AML status, accreditation levels, and jurisdictional eligibility. An investor completes verification once, and their identity travels with them across all assets they're eligible to hold.
The Compliance Engine evaluates every transfer before execution, checking whether the sender is verified, whether the recipient meets eligibility requirements, whether the transfer violates holding limits or lockup periods, and whether jurisdictional rules permit the transaction. Non-compliant transfers revert with clear reason codes explaining why.
The Rule Library provides a configurable framework for jurisdiction-specific compliance. The platform supports templates for Regulation D and Regulation S (US), MiFID II and MiCA (Europe), MAS frameworks (Singapore), and FCA requirements (UK). Compliance officers configure rules through UI controls rather than writing smart contract code.
The Audit Trail captures every decision: which rules were evaluated, which identity claims were verified, which administrators approved exceptions, with immutable timestamps and cryptographic proof. Regulators get machine-readable evidence, not manually compiled spreadsheets.
Enterprise-grade security and custody
Multi-signature wallets require configurable quorum approval for treasury operations. No single person can move assets unilaterally. The platform enforces maker-checker workflows where one admin proposes a transaction and others approve before execution.
HSM Integration is architected to support hardware security modules for storing private keys in tamper-resistant devices, meeting bank-grade key management requirements (integration roadmap). Keys would never leave the HSM; signing would happen inside the secure enclave.
Role-Based Access Control (RBAC) defines who can perform which operations: token creation, compliance approval, treasury transactions, administrative settings. Permissions map to organizational hierarchies with proper segregation of duties.
The platform is designed to integrate with enterprise custodians like Fireblocks, Coinbase Custody, Copper, or Metaco (integration roadmap). Institutions that already trust a custodian could continue using them while gaining ATK's lifecycle management capabilities.
The platform assumes keys will be stolen, employees will make mistakes, and external attacks will occur. Security is defense in depth: multiple layers that must all fail before assets are at risk.
Modern user experience across personas
The Issuer Portal walks asset managers through token creation with a multi-step wizard that handles configuration, compliance setup, legal documentation uploads, and deployment. Preview every setting before finalizing. Deploy to testnet first, validate behavior, then promote to mainnet when ready.
The Investor Portal gives token holders real-time visibility into their holdings, transaction history, pending corporate actions, and upcoming events. No waiting for quarterly statements. No calling customer service to check your balance. Everything is transparent and current.
The Admin Console centralizes operations: pending compliance approvals, KYC verifications, whitelist management, corporate action scheduling, reporting and analytics. Compliance officers and operations teams have purpose-built tools for their workflows.
The Developer Portal provides API documentation, SDK downloads, code examples, sandbox environments for testing, and webhook configurations for event-driven integration. Technical teams can integrate ATK into existing systems without reverse-engineering undocumented behavior.
Every interface is customizable. White-label the entire experience with your branding, or integrate individual components into existing web properties. The platform adapts to your institutional standards rather than forcing users to learn yet another interface.
Scalable architecture for production workloads
The platform uses modern microservices architecture with independent scaling for each component. The web application, API server, blockchain indexer, and database tier scale independently based on load.
TanStack-based frontend provides instant navigation and optimistic updates. Users don't wait for blockchain confirmations to see UI updates; the interface predicts outcomes and updates immediately while settlement completes in the background.
Drizzle ORM with PostgreSQL manages off-chain data with strong consistency guarantees. The Graph protocol indexes blockchain events into a queryable registry that updates within seconds of on-chain finality.
Redis caching accelerates frequent queries. Expensive operations get cached aggressively so dashboards load instantly even with thousands of assets and tens of thousands of holders.
Kubernetes deployment via Helm charts enables cloud-native operations with autoscaling, rolling updates, health monitoring, and self-healing. Deploy to any Kubernetes environment: public cloud, private cloud, or on-premises.
Production-grade observability included
Unlike competitors that require separate observability tools, ATK ships with a complete monitoring stack pre-configured and integrated. VictoriaMetrics collects metrics, Loki aggregates logs, Tempo traces requests, and Grafana provides dashboards—all included in the Helm deployment.
Pre-built dashboards show what operations teams need:
- Transaction throughput and success rates
- Compliance check performance and failure reasons
- System availability and response times
- Asset-level activity and holder statistics
Alert notifications warn your team before problems impact users. Troubleshoot issues by viewing correlated system behavior across all platform components in one interface.
Cost advantage: Eliminating separate monitoring SaaS contracts saves $10,000-50,000+ annually depending on scale. Operations teams gain visibility from day one without vendor negotiations or integration work.
For technical readers
ATK's monitoring stack includes VictoriaMetrics, Loki, Tempo, and Grafana. See Observability Architecture for deployment configuration and custom dashboard creation.
Banking and payment integration
The platform supports manual treasury workflows where operators verify fiat deposits, process stablecoin minting, and coordinate redemptions. Automation of banking rails integration through SWIFT or SEPA connectivity is a planned capability.
ISO 20022 message translation is an architectural design target to ensure traditional treasury systems can process blockchain transactions without learning new formats. The goal is for token transfers to generate standard messages that core banking platforms recognize.
Multi-currency support handles assets denominated in different fiat currencies with proper tracking. The same platform manages USD bonds, EUR stablecoins, and SGD deposit certificates without requiring separate deployments.
Payment versus Payment (PvP) settlement coordinates multi-leg transactions where one token exchanges for another token, with atomicity guarantees ensuring both legs complete or both revert.
How ATK delivers value
ATK is organized around core business functions rather than technical components:
User-facing applications provide role-specific interfaces:
- Issuer Portal for creating and managing tokenized assets
- Investor Portal for viewing holdings and claiming distributions
- Admin Console for compliance officers and operations teams
- Developer Portal for technical integrations
Business logic layer coordinates workflows:
- Asset lifecycle orchestration from issuance through redemption
- Compliance verification before every transaction
- Integration with banking systems, KYC providers, and custody services
Record-keeping infrastructure maintains authoritative data:
- Immutable ownership ledger (blockchain-based)
- Fast-access transaction history and reporting database
- Real-time indexing for instant portfolio views
External system connections enable end-to-end workflows:
- Banking rails for fiat on/off ramps
- KYC/AML providers for identity verification
- Custody services for institutional-grade key management
- Document storage for offering materials and legal files
The platform is architected so every component contributes to one or more business outcomes: faster issuance, lower operational costs, regulatory compliance confidence, or better investor experience.
For technical architects
See the System Architecture documentation for detailed component diagrams, API specifications, smart contract interfaces, and deployment topology options.
Benefits and tangible outcomes
Faster time to market: Issuers go from term sheet to live token in days instead of months. Templates handle compliance structure, factory contracts deploy tokens automatically, and the platform eliminates most custom development.
Reduced operational overhead: Corporate actions that took teams of people and multiple days execute with minimal manual work. Dividend entitlements, coupon calculations, NAV updates, and redemptions happen programmatically without manual spreadsheet work or reconciliation. Token holders claim their distributions on-demand.
Compliance confidence: Non-compliant transactions don't execute because eligibility checks happen before execution. Regulators see a platform architected for control. Risk committees approve deployments faster when the architecture demonstrates proper controls.
Better investor experience: Real-time holdings visibility, instant settlement, on-demand yield claiming, and transparent audit trails replace quarterly statements and opaque processes. Investor support tickets drop because the platform provides self-service transparency.
Lower total cost of ownership: One platform replacing multiple vendors means one contract to negotiate, one security review, one integration project, one support relationship. Procurement cycles shrink from months to weeks.
Who's using ATK and for what
Production deployments span multiple use cases. Asset managers tokenize private fund units to automate administration and enable secondary trading. Banks issue deposit certificates as programmable tokens with automated maturity processing. Corporations explore tokenized bonds for direct-to-investor capital raising with embedded compliance.
Geography matters less than regulatory clarity. European institutions leveraging MiCA frameworks, Singapore financial institutions under MAS oversight, and Gulf Cooperation Council markets with clear tokenization guidelines are moving fastest. The US market is more cautious but accelerating as regulatory frameworks solidify.
Scale varies from pilot programs managing tens of millions to institutional deployments handling hundreds of millions in tokenized assets. The platform architecture supports both with the same codebase and operational model.
What this means for your organization
If you're exploring tokenization, ATK provides a complete platform rather than forcing you to become a systems integrator. If you're already running a pilot on fragmented infrastructure, ATK offers a migration path to unified lifecycle management with embedded compliance.
If you're a developer, ATK gives you modern APIs, comprehensive documentation, and working reference implementations. If you're an operator, ATK provides purpose-built tools for daily workflows rather than generic blockchain explorers.
If you're a risk officer, ATK demonstrates defense-in-depth security with audit trails that regulatory frameworks require. If you're a compliance officer, ATK embeds policy into the enforcement path rather than relying on post-transaction checks to catch violations.
The platform is specifically architected for regulated financial instruments with institutional requirements. If you're tokenizing securities, funds, bonds, or deposits with real compliance obligations, ATK implements what you need.
Where to next
- Use cases – Real-world scenarios across asset classes
- Compliance & security – Regulatory and security architecture details
- Glossary – Key terms and definitions