Counterparty is a DApp development and tokenization platform that is built on the bitcoin blockchain. The open source protocol is powered by the native XCP currency and has a Proof of Burn mechanism. The platform allows users to create their own virtual assets and trade them on a decentralized exchange. It also enables developers to create financial applications that extend the peer to peer functionalities of the bitcoin blockchain.

CodeChain is developing a security tokenization platform that will provide an end-to-end solution for real-world asset digitization. Their platform will assist clients in a variety of industries to convert assets into digital tokens.