TESSA

Operating solutions for tokenized and fractional investment securities

Tokenized securities, from operations to infrastructure

Connect offering operations, rights management and ledger infrastructure. Build your business on TESSA’s issuance and operating experience.

  • Offering operations experience
  • 6 registered patents
  • KSD platform integration experience
  • On-premises or cloud

Adoption benefits

Support growing issuance volumes and institutional connections with structured operations, automation and access controls.

  • SCALE

    Operational efficiency

    Handle transfer notices, registers, distributions, redemptions and tax settlement in one system to reduce repetitive work.

  • ACCOUNTABILITY

    Traceable operations

    Record business requests and processing results to support history reviews and internal checks.

  • GOVERNANCE

    Institutional permissions

    Separate the functions of the electronic registration institution and account management institutions, with ledger entries controlled by institutional permissions.

  • PHASED ADOPTION

    Phased adoption

    Assess existing systems and required functions to define a phased integration scope.

How they fit together

IXO manages offering operations. IXTO manages governance and the securities lifecycle, running on the dedicated IXO-NET ledger.

Business layer

  • IXO

    Securities offering management

  • IXTO

    Tokenized securities governance and lifecycle management

IXTO runs on IXO-NET

Ledger layer

  • IXO-NET

    Distributed ledger for tokenized securities

Key Screens by Solution

Actual screens for offering operations, institution operations and ledger lookup. Each solution’s page covers its features and architecture in detail.

IXO

Security-by-Security Operations
IXO screen shown in English · security names replaced with samples · account area removed · amounts, quantities and dates are sample data

Security-by-Security Operations

Security-by-Security Operations screen, enlarged

IXO screen shown in English · security names replaced with samples · account area removed · amounts, quantities and dates are sample data

Filter by stage: information entry, offering, operation and liquidation.

View screen

IXTO

Institution Operations Dashboard
Actual IXTO dashboard · account and wallet identifiers removed · counts and quantities are sample data

Institution Operations Dashboard

Institution Operations Dashboard screen, enlarged

Actual IXTO dashboard · account and wallet identifiers removed · counts and quantities are sample data

Check signer wallet, on-chain registration and quantity-notice status.

View screen

IXO-NET

Distributed Ledger Explorer
Actual IXO-NET explorer · sample data · read-only · ledger figures and events as captured

Distributed Ledger Explorer

Distributed Ledger Explorer screen, enlarged

Actual IXO-NET explorer · sample data · read-only · ledger figures and events as captured

Shows indexing status and the on-chain range covered.

View screen

Scope of Each Solution

IXO manages offering operations, IXTO processes each institution’s ledger entries, and IXO-NET is the distributed ledger that records the underlying transactions.

Offering · OperationsIXO

Offering → Subscription → Allocation
Operations → Liquidation

Allocations · reference data →Integration layer← Results · audit trail
Governance · LifecycleIXTO

Deployment → Issuance → Operation → Retirement
Permissions · Ledgers · Reconciliation

Distributed ledger infrastructure
IXO-NET

TokenManager · Per-security contracts · Transaction records and validation

Division of roles

IXO covers offering, subscription, allocation, operations and liquidation. IXTO covers governance and ledger entries. IXO-NET covers transaction validation and ledger recording.

Institutional Operating Model

Shared governance, institutional execution and read-only lookup are operated as separate layers.

Run by TESSA · Shared governanceIXTO Central

Contract versions · Shared TokenManager
Granting and revoking institutional roles

Run by account management institutions · ExecutionIXTO Local

Security deployment · Customer-account ledger entries
Rights restrictions · Reconciliation and close

Read-only · Record lookupExplorer

Block · Transaction · Security lookup
No ledger-entry permissions

Dedicated distributed ledger for security tokens
IXO-NET

Shared TokenManager · Account registry · Per-security contracts

Integration support
Workbench

For account management institutions and issuers
Calls the Local API · No direct chain access

Total-volume integration test environment

For verifying total-volume management integration
Live operations connect to the electronic registration institution’s systems

Integration with Business Systems

We review the institution’s customer, account and ledger records and its approval process, then define the data and integration scope required for distributed-ledger processing.

  1. 01

    Request identification

    Security · Account · Quantity · Request ID

  2. 02

    Pre-validation

    Permissions · Balance · Account–wallet link

  3. 03

    Signing and execution

    Signer wallet → Ledger entry

  4. 04

    Result reconciliation

    Notified · Executed · Post-trade balance

Result traceability

Each request ID is linked to its transaction hash, processing result and events. Any mismatch is traced to its cause and routed to the appropriate follow-up action.

Institution’s responsibilities

Confirm business requirements and permissions, approve internal-network access, and run the integration and result review.

TESSA’s support

Set up the solution and node environment, integrate the APIs, and support verification of processing results.

Partnerships and integration history

Our experience includes financial institution partnerships, account integration and total-volume management platform integration.

  • NH NongHyup Bank

    MOU for online fractional investment APIs (Mar 2022)

  • Kiwoom Securities

    Real-name account integration delivered (Aug 2023)

  • Electronic registration institution interface

    Participation in the total-volume management testbed project (June 2025)Tokenized securities distributed ledger integration testing (October 2026)

Solution inquiries

Share your business plans and operating environment. We will help define the right solution and adoption steps.

Request a consultation