STPT, which stands for Standard Tokenization Protocol, is a decentralized network for tokenizing assets. STPT is designed to be an open-source standard for defining how tokenized assets are issued and transferred, while complying with all necessary regulations. Users will be able to use STPT's protocol to tokenize a variety of assets and insure that they are compliant. Asset owners will also be able to connect with retail investors.

OST is developing a tokenization platform that will allow companies to integrate blockchain into their apps and existing business practices. The OpenST Protocol is a framework for tokenizing business assets. The company is also working on a suite of developer tools, APIs, and SDKs to make implementing blockchain easier. The network is powered by the Ethereum-based OST token.