TESSA

Tokenized securities governance and lifecycle management

Tokenized securities, from issuance to retirement

Manage institutional permissions and the securities lifecycle. Connect existing systems through APIs and run on IXO-NET.

  • Lifecycle management
  • Integration Layer (API)
  • Runs on IXO-NET
  • KSD platform integration experience

Who it is for

Financial institutions and issuers preparing to integrate tokenized securities workflows with existing systems

Adoption benefits

Connect existing business systems with tokenized securities operations.

  • SYSTEM INTEGRATION

    Existing system integration

    Assess existing workflows and API requirements to connect the functions needed for tokenized securities processing.

  • VISIBLE EXECUTION

    Execution visibility

    View request status, ledger results and related records through the operations console.

  • SEPARATED ROLES

    Institutional roles

    Distinguish the electronic registration institution’s total-volume management functions from customer-account ledger entries handled by account management institutions.

Capabilities

Built around lifecycle management and governance.

  • FULL LIFECYCLE

    Lifecycle management

    Manage issuance, account transfers, retirement, pledges, seizures and disposal restrictions.

  • GOVERNANCE

    Permissions and approvals

    Central manages shared contracts and institutional roles. Local processes customer-account ledger entries under the permissions granted to the institution.

  • INTEGRATION LAYER

    Business system integration

    Existing systems connect to tokenized-securities processing through APIs, with the integration scope defined clearly at adoption.

  • AUDIT TRAIL

    Execution records

    Link requests, transaction hashes, processing results and related events to review execution history.

Institution Operations Dashboard

Review each institution’s workload and pending items. Check the signer wallet, security registration and quantity-notice status, then carry on with the next task.

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

01

Priority work queue

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

02

Operating summary

Separate tokens before issuance, in issuance and circulation, and fully erased.

03

Account readiness

Track registration, wallet creation, on-chain registration and holdings.

Operating structure

Connect existing systems to IXTO through APIs, with separate functions for permission checks, signing requests, ledger processing and result lookup.

Your existing systems

  • Investors, accounts, ledger

    Existing assets retained

  • Approval workflow

    Internal process retained

  • Offering and investment services

    Existing channels

  • Investor notices

    Service continuity

IXTO, provided by TESSA

  • Integration Layer (API)

    Business connection

  • Blockchain Orchestration

    Execution management

  • Wallet Signing Service

    Institutional signing

  • Indexer and Explorer

    Result lookup

IXO-NET

  • IXO-NET RPC Node

    Ledger access

  • TokenManager

    Smart contract management

  • SecurityToken

    Securities ledger

  • Quantity management

    Business interface

IXTO Ecosystem

Shared governance is separated from each institution’s ledger-entry operations, and integration support tools are kept apart from the production configuration.

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 tokensIXO-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

Permissions and Signing

Administrator permissions in Central are separated from customer-account ledger permissions in Local, and private-key custody and signing are isolated from business services.

IXTO Central

Administrator signer wallet

Shared administration

Grant and revoke institutional roles
Manage the shared TokenManager

IXO-NET

Shared TokenManager

Institutional roles · Account registry
Security token status

IXTO Local

Institution signer wallet

Institutional permissions

Customer-account ledger entries
Issuance · Transfer · Retirement · Rights restrictions

  1. 01

    Institution registration

    Credentials · Version check

  2. 02

    Permission request

    Role · Signer address submission

  3. 03

    Approval and entry

    Administrator signature → Ledger update

  4. 04

    Operations

    Execution after on-chain role check

Signing controls

Private-key custody and signing are separated from business services. The signing service enforces policies on who may call it and what may be signed.

Lifecycle Operations and Reconciliation

Operations are connected from registration through changes in rights to retirement, with processing results and balances confirmed at each step.

01

Right-holder ID registration and removal

Registration and status of accounts and wallets

02

Issuance

Issuable-quantity check and ledger entry

03

Account transfer

Quantity movement between ledgers

04

Retirement

Retirement on request or redemption

05

Pledge

Creation · Release · Transfer

06

Seizure

Creation · Release

07

Electronic registration certificate entries

Disposal restriction creation · Release · Transfer

08

Ownership certificate entries

Disposal restriction creation · Release

  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.

Adoption process

Connect institutional workflows and expand the operating scope in stages.

  1. STEP 01

    Scope assessment

    We review your existing systems and integration targets together and agree what IXTO will cover.

  2. STEP 02

    Integration configuration

    Define the Integration Layer (API) specification, permissions and approval process.

  3. STEP 03

    Integration environment

    Connect issuance, operation and redemption workflows and confirm their results.

  4. STEP 04

    Production network

    The environment is extended to production and institutional interface integration is confirmed.

Integration history and operating structure

  • Electronic registration institution interface

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

  • Institutional responsibilities

    Separate shared management in Central from customer-account workflows in Local

  • Registered patents

    6 registered patents related to tokenized securities

IXTO inquiries

Share your business plans and system environment. We will help define the scope and timeline.

Request a consultation