As tokenized real-world belongings acquire traction throughout international markets, Fasset is positioning itself on the forefront with the launch of Personal, an Ethereum Layer 2 community purpose-built for regulated RWA distribution.
With plans to tokenize and supply entry to over $1 billion in U.S. equities, together with tech giants like Apple, Microsoft, and Nvidia, Fasset is focusing on underserved buyers worldwide.
On this Q&A, I spoke with with Fasset’s management concerning the technical design behind Personal, regulatory methods throughout jurisdictions, dividend mechanisms, and the way tokenized shares will work together with each TradFi and DeFi ecosystems.
Under is the Q&A with Raafi Hossain, CEO and co-founder of Fasset
- How is Personal, your Ethereum Layer 2 constructed for real-world belongings, technically structured to help the tokenization and distribution of $1 billion in U.S. equities? Does it construct on current rollups or use a proprietary design?
OWN is constructed on Arbitrum’s Layer 2 know-how for safety and decrease prices, however we’ve added particular instruments for dealing with real-world belongings. This consists of token requirements with non-obligatory compliance options, verification methods for the underlying belongings, and instruments that make it simpler to situation and handle these belongings. For equities particularly, we’ve constructed modules to deal with dividends and possession verification – necessities that generic blockchains usually lack.
- What made 2025 the precise second for Fasset to enter the tokenized equities market at this scale, particularly given the present international RWA market measurement and rising competitors?
Three issues converged: regulators in our key markets have offered clearer frameworks, the know-how has matured sufficient to deal with large-scale tokenization securely, and most significantly, we’ve confirmed substantial demand from our customers, particularly in rising markets the place U.S. equities are troublesome to entry.
- Why had been MSTR, TSLA, NVDA, SPY, META, AAPL, GOOGL, MSFT, and AMZN chosen as a part of the preliminary set of tokenized equities? Was the choice primarily based on liquidity, investor demand, market cap measurement, or one other metric?
These will not be the one ones we help. We’ve over 50 tokenized US equities. We’ve chosen a curated set of worldwide acknowledged shares and ETFs spanning know-how, healthcare, client items, power, and thematic sectors. These belongings are liquid, trusted, and characterize robust long-term fundamentals. Our listing additionally consists of Shariah-compliant choices and commodity ETFs to supply diversified, inclusive publicity aligned with our consumer base’s wants and values.
- Are you able to stroll us by way of how Dinari’s dShares can be distributed and traded throughout the jurisdictions the place Fasset holds regulatory licenses, notably within the UAE, Indonesia, Malaysia, and Pakistan?
In every market the place we function – UAE, Indonesia, Malaysia, and Pakistan – we’ve constructed regulatory-compliant pathways for these belongings. The UAE serves as our regional hub below our VARA license. In Indonesia, we work with native banks to supply rupiah on/off ramps below Bappebti necessities. For Malaysia and Pakistan, we’ve applied the precise compliance necessities for every nation.
All transactions choose Personal, however every jurisdiction has its personal regulatory wrapper to make sure native compliance. This implies customers get the identical financial publicity no matter location, however with domestically applicable safeguards and protections.
For every jurisdiction, we’re continually monitoring and adapting to regulatory developments. Web3 is a quickly evolving sector and the modifications are fast-paced. As and when guidelines or laws are applied in every jurisdiction, we modify our strategy in every market accordingly.
- Will token holders of dividend-paying shares like MSFT, AAPL, or AMZN obtain real-time or periodic payouts? How will these dividends be distributed technically and legally?
Sure. Token holders of dividend-paying shares will obtain dividend payouts, that are distributed in stablecoins. For customers on the Fasset app, dividends are routinely credited to their in-app pockets. For customers taking part through DeFi, dividends have to be manually claimed by way of the DEX interface. All dividend-paying shares are backed 1:1 by actual shares held in regulated custody (in case of Fasset) or within the consumer’s personal pockets (Personal community).
- What does the everyday consumer journey appear like for accessing and buying and selling tokenized equities on Fasset, particularly for customers in high-growth markets? How are fiat on/off-ramps and native banking integrations being dealt with?
The consumer expertise is simple:
- Full a one-time KYC course of within the Fasset app (about 5 minutes)
- Deposit native forex by way of acquainted native fee strategies together with direct banking integration, Apple and Google Pay, transfers and credit score/debit playing cards, e-wallets
- Purchase tokenized equities with investments ranging from $10
- Handle holdings, obtain dividends, and entry instructional content material
- Promote and withdraw to native forex anytime
The complete expertise is designed to really feel acquainted to customers accustomed to native monetary apps, whereas offering entry to international funding alternatives they couldn’t simply attain earlier than. Our banking integrations are secured by way of regulated fee corridors in every jurisdiction, with applicable licenses and partnerships already in place.
- Given MSTR’s robust correlation to Bitcoin and META’s give attention to AI and metaverse, how are you getting ready for tokenized fairness demand that overlaps with key crypto and tech narratives?
Shares like MSTR and META have turn into gateways to know-how developments. Individuals purchase MSTR primarily as a option to get regulated Bitcoin publicity by way of the inventory market, whereas META buyers are sometimes betting on future AI and metaverse potential, past their social media enterprise.
We’re getting ready by tokenizing a variety of belongings—shares, funds, metals, commodities, and thematic investments—enabling customers to construct portfolios that replicate each know-how conviction and long-term worth. We’re additionally educating buyers on the distinctive relationships and dangers between direct crypto possession and these inventory options.
This issues as a result of rising market buyers typically discover it simpler to entry these know-how developments by way of acquainted, regulated inventory choices than by way of direct crypto possession.
- Are there plans to allow these tokenized equities to work together with the DeFi ecosystem—for instance, getting used as collateral, incomes yield, or built-in into staking or lending protocols?
By bringing actual U.S. equities on-chain, we’re opening up solely new potentialities for these belongings. Builders will be capable of combine these tokenized shares into DeFi functions—creating themed funding bundles, utilizing them as collateral in lending markets, or incorporating them into yield-generating methods.
Crucially, all DeFi interactions stay non-obligatory. Customers can merely maintain their tokenized shares on our regulated platform if they like, or they’ll select to place these belongings to work in DeFi once they’re prepared. This flexibility—offering each regulatory compliance and DeFi innovation in a single ecosystem—is prime to our strategy.
