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.

Rate3 is developing a tokenization and blockchain platform focused on retail and ecommerce. Rate3 aims to allow users to tokenize assets on both Ethereum and Stellar, as well as provide an identity framework. Rate3's network is powered by the Ethereum based RTE token.