Does the token give ownership of the asset?

It depends on the jurisdiction. In most, the token is a right against the issuer, such as a stake in the company that owns the asset, a loan, a share of its income or access. Liechtenstein, under its 2020 Token Act, treats the transfer of a token as the transfer of the right it contains, and Dubai has been piloting title deed tokenization in its land registry since 2025. Each issuance's documents set out what the investor acquires.

Does asset tokenization guarantee liquidity?

No. A token can support fractional holdings and transfers between eligible holders, but selling requires demand and a lawful trading or exit route. A secondary market or buyback is structured separately. The documents must explain transfer restrictions and the risk that an investor cannot find a buyer.

What do I need to start tokenizing an asset?

An asset with documented ownership and valuation, a clear idea of the investors you are targeting and in which countries, and an issuing vehicle or the willingness to set one up. With that, we analyze which right the token can represent and, with the law firm, the legal route for the offering.

How much does it cost to tokenize an asset?

It depends on the legal structure, the platform and the integrations. Setting up a vehicle or preparing a prospectus is not priced like configuring an already structured issuance on the white label platform, and connecting identity and payments is not priced like adding custody as well. The number of jurisdictions matters too. We quote each phase after the initial analysis of the asset.

How long does it take to tokenize an asset?

The timeline is driven mainly by legal structuring and the offering route. On the white label platform, the technical work comes down to configuring it with your brand and rules; custom development adds the design, build and testing of the platform. We give you a concrete schedule after analyzing the asset.

Asset Tokenization Platform & RWA Tokenization

They trust Metlabs to tokenize their assets

Why now

Tokenization is already in production.

The largest asset managers already issue tokenized funds, and regulators have set the rules for doing it. For your company the question is which legal structure and which infrastructure to use. We build that infrastructure for your asset.

+$2.8B

in BUIDL, BlackRock's tokenized money market fund

2025

$39.1B

in tokenized real-world assets today, excluding stablecoins

October 10, 2026

$2T

in tokenized assets by 2030, in McKinsey's base case

Forecast · McKinsey · 2024

Definition

What is asset tokenization?

Asset tokenization means representing rights through tokens recorded on a blockchain network. The usual case is a right against the issuer, such as equity, debt, income, access or a certificate, and ownership of the asset transfers only with an express legal basis. Smart contracts enforce issuance, transfer and distribution rules, coordinated with custody and registries.

Talk to our team

Financial district across a river with a bond record illustrating asset tokenization

Fractional access
Split the right into digital units and decide who can acquire and transfer them in each market.
Automated rules
Smart contracts execute payments, distributions and votes under the conditions set in the documentation.
Traceable record
Every issuance and transfer is kept in an auditable history that custodians and auditors can verify.
Compliance by country
We work with specialized law firms to define the requirements for each token in the markets where it operates.
Integrated operations
Issuance, investor identity, payments and reporting share one infrastructure, so reconciliations shrink.

Platform

What does our white label tokenization platform include?

The investor portal, ERC-3643 tokens and issuer console, under your brand. Out of the box it handles onboarding, signing, payment and distributions; anything else your issuance needs, such as a local payment method or a connection to your bank or custodian, we build on the same platform.

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Home page and project catalog of a white label tokenization platform on a laptop and phone

Your brand and domainYour visual identity and legal texts across the investor portal.
Investor onboardingSign-up, KYC, KYB and AML checks, and a custodial wallet per investor.
End-to-end investmentE-signature and payment by SEPA transfer or stablecoin (USDC/EURC).
ERC-3643 tokensEvery subscription is issued under the offering's rules.
Issuer consoleProjects, investors, reconciliation, distributions and reporting.
Compliance and audit trailKYC status per user and an exportable audit log.

Institutional custody, integrated

We integrate custody and key management providers through their APIs, including Fireblocks, BitGo, Coinbase Prime, Anchorage Digital, Copper and Ledger Enterprise. Depending on the provider and model, keys are managed with MPC or multisig so that none depends on a single device. If the token is a security, custody on behalf of clients is provided by an authorized entity.

Assets

Which assets can be tokenized?

Forecasts

How big will asset tokenization get?

Ripple and BCG estimate that tokenized real-world assets will grow from around $0.6 trillion in 2025 to $18.9 trillion in 2033, 53% annual growth in their midpoint scenario. The estimate includes stablecoins and tokenized deposits and leaves out unbacked crypto-assets such as bitcoin, central bank digital currencies (CBDCs), China and Russia.

Midpoint scenarioRange between scenarios in 2033

0.62025
12026
1.62027
2.72028
4.62029
9.42030
13.42031
16.52032
18.9$18.9T2033Optimistic 23.4Conservative 12.5

Trillions of dollars ($T)

Source: Ripple + BCG, «Approaching the Tokenization Tipping Point», Apr 2025, midpoint scenario

Other firms, excluding stablecoins, are more cautious about 2030. Citi estimates $5.5 trillion and McKinsey around $2 trillion. Sources: Citi Institute, Jun 2026 · McKinsey, Jun 2024.

Third-party forecasts. The firms cited are not affiliated with Metlabs.

Methodology

How we tokenize an asset, step by step

A tokenization project starts with the right your entity can issue and the investors it targets. The residential complex example runs through all four phases, from asset analysis to investor acquisition, with the law firm and our technical team working in parallel.

We review the residential complex's ownership, encumbrances and rental income, then define the right its bonds confer. The deliverable records the valuation, amount and issuance rules the platform will use.
The law firm classifies the token, the issuing vehicle and the offering route, and sets KYC and registration. We turn its conclusions into the rules the token will enforce.
The issuance is configured on our white label platform under your brand and domain. It includes investor onboarding, signing, payment and ERC-3643 tokens, with a console for projects and distributions. Registry connections, advanced asset management and voting are custom-built.
With the issuer and, where there is one, the placement agent, we choose distribution channels, prepare the offering page and measure the journey from visit to paid subscription with KYC approved. After issuance, we maintain the platform so the issuer can manage distributions and reports.

Issuance structure of a residential complex in Excel for an asset tokenization project

Word legal opinion classifying the tokens in an asset tokenization, with the law firm's tracked changes

Go-to-market funnel of an asset tokenization issuance in PostHog, from visit to paid subscription

Standard

What is ERC-3643 and why do we tokenize with it?

It is an Ethereum standard for tokens of regulated assets. Before every transfer, the token itself checks the receiver's identity and the offering's rules, and reverts if they are not met. Our white label platform issues every token as ERC-3643.

ERC-3643 guide

The issuer's agent can

Mint and burn tokens
Freeze balances
Force transfers
Recover wallets
Pause the token

transfer(B, 250)

ERC-3643 token

Investor identityRegistered wallet with a KYC/AML claim signed by a trusted issuer
Offering rulesCompliance modules for countries, maximum balance or transfers requiring approval

If met, it executes

If not met, it reverts

FAQ

Frequently asked questions about asset tokenization

What we are asked before a project starts.

Talk to our team

Does the token give ownership of the asset?
It depends on the jurisdiction. In most, the token is a right against the issuer, such as a stake in the company that owns the asset, a loan, a share of its income or access. Liechtenstein, under its 2020 Token Act, treats the transfer of a token as the transfer of the right it contains, and Dubai has been piloting title deed tokenization in its land registry since 2025. Each issuance's documents set out what the investor acquires.
Does asset tokenization guarantee liquidity?
No. A token can support fractional holdings and transfers between eligible holders, but selling requires demand and a lawful trading or exit route. A secondary market or buyback is structured separately. The documents must explain transfer restrictions and the risk that an investor cannot find a buyer.
What do I need to start tokenizing an asset?
An asset with documented ownership and valuation, a clear idea of the investors you are targeting and in which countries, and an issuing vehicle or the willingness to set one up. With that, we analyze which right the token can represent and, with the law firm, the legal route for the offering.
How much does it cost to tokenize an asset?
It depends on the legal structure, the platform and the integrations. Setting up a vehicle or preparing a prospectus is not priced like configuring an already structured issuance on the white label platform, and connecting identity and payments is not priced like adding custody as well. The number of jurisdictions matters too. We quote each phase after the initial analysis of the asset.
How long does it take to tokenize an asset?
The timeline is driven mainly by legal structuring and the offering route. On the white label platform, the technical work comes down to configuring it with your brand and rules; custom development adds the design, build and testing of the platform. We give you a concrete schedule after analyzing the asset.

Reviews

What do our clients think of Metlabs?

“One of the pioneering firms in web3 solutions, digital assets and tokenization, recognized for its innovation and solid reputation across Spain and Latin America.”

Jorge CorredorLawyer, Rincón Cuéllar & Asociados

“We structured the tokenization of real estate projects with them, and I value the team's ability to understand our corporate needs and genuinely solve them.”

Joan MejíaManager, GLOBYNE

“They advised us on the feasibility of tokenizing real estate assets in Uruguay with direct, cordial treatment. A professional team, responsive and always available.”

Álvaro Silva SantamaríaCEO, Sp Inmuebles

“Great professionals at structuring tokenized projects, with technical command and attention to detail that inspire full confidence at every stage of the work.”

Francisco BetancourtVerified Google review

“As a blockchain lawyer, I value their experience and professionalism in consulting and executing tokenization projects. Technology partners you can fully trust.”

Vanessa RivasBlockchain lawyer, El Salvador

“Great professionals, very attentive to their clients and always mindful of every detail. Working with their team has been a genuine pleasure from start to finish.”

CriptorentVerified Google review

“A very professional yet approachable company that empathizes with your doubts and needs. Highly recommended for entrepreneurs with a tokenization project.”

Javier EspasaTokenization entrepreneur

“Exceptional in every sense. From legal support I value their rigor and transparency: working with Metlabs means professionalism, innovation and security.”

Pedro A. Agúndez MéndezGoogle Local Guide

“Excellent service across blockchain development, asset tokenization and consulting. A very professional team that I recommend wholeheartedly, without reservation.”

José Luis DíazVerified Google review

“I have worked with them on several projects and they are very professional. A guarantee that everything turns out perfectly. Without a doubt, 100% recommended.”

Ignacio Fernández JiménezVerified Google review

“One of the pioneering firms in web3 solutions, digital assets and tokenization, recognized for its innovation and solid reputation across Spain and Latin America.”

Jorge CorredorLawyer, Rincón Cuéllar & Asociados

“Great professionals at structuring tokenized projects, with technical command and attention to detail that inspire full confidence at every stage of the work.”

Francisco BetancourtVerified Google review

“A very professional yet approachable company that empathizes with your doubts and needs. Highly recommended for entrepreneurs with a tokenization project.”

Javier EspasaTokenization entrepreneur

“I have worked with them on several projects and they are very professional. A guarantee that everything turns out perfectly. Without a doubt, 100% recommended.”

Ignacio Fernández JiménezVerified Google review

“We structured the tokenization of real estate projects with them, and I value the team's ability to understand our corporate needs and genuinely solve them.”

Joan MejíaManager, GLOBYNE

“As a blockchain lawyer, I value their experience and professionalism in consulting and executing tokenization projects. Technology partners you can fully trust.”

Vanessa RivasBlockchain lawyer, El Salvador

“Exceptional in every sense. From legal support I value their rigor and transparency: working with Metlabs means professionalism, innovation and security.”

Pedro A. Agúndez MéndezGoogle Local Guide

“They advised us on the feasibility of tokenizing real estate assets in Uruguay with direct, cordial treatment. A professional team, responsive and always available.”

Álvaro Silva SantamaríaCEO, Sp Inmuebles

“Great professionals, very attentive to their clients and always mindful of every detail. Working with their team has been a genuine pleasure from start to finish.”

CriptorentVerified Google review

“Excellent service across blockchain development, asset tokenization and consulting. A very professional team that I recommend wholeheartedly, without reservation.”

José Luis DíazVerified Google review

Regulation

Which regulation applies to asset tokenization?

It depends on the right the token represents and on to whom and from where it is offered. In the EU, a token that is a financial instrument follows securities markets rules and falls outside MiCA. If it is not, MiCA may apply, although it excludes tokens that are unique and not fungible. That is why the token's classification is decided before the network or the standard. In Spain, securities represented on DLT require an entity responsible for their registration. In the United States, tokenizing a security does not remove the need to register the offering or rely on an exemption. We coordinate structure and technology with specialist counsel, while authorized firms provide regulated services.

Check the regulation by country

JurisdictionRegulatorsAssessmentScore /100Last change