DLA Piper, in collaboration with Aldersgate DLS (Digital Ledger Solutions), has launched TOKO, a unique tokenisation engine and vital component in the digital asset ecosystem. Developed with Aldersgate DLS, TOKO provides smart contract functionality and digital asset creation functionality and assurance.
DLA Piper and Aldersgate DLS successfully completed the very first tokenisation project on the TOKO platform today, with a piece of fine art work commissioned and purchased by a group of DLA Piper Hong Kong partners. Created by Chinese artist Wang Xiao Bo, this bespoke project was structured as an unregulated security offering through the Aldersgate DLS TOKO platform with legal advice provided by DLA Piper.