Swarm adopts a dual strategy, combining the security of regulatory compliance with the dynamism of decentralization. The platform currently supports 11 tokenized assets, ranging from tech giants like Apple and Microsoft to fixed-income products like iShares US Treasury bonds.
Swarm, a regulated DeFi platform, has announced the launch of its onboarding API, designed to assist enterprises and institutions that lack their own know-your-customer (KYC) and anti-money laundering (AML) systems.
This initiative aims to provide a fully compliant mechanism for tokenized securities trading under German law.
The new API is targeted at partners who do not possess their own KYC systems, but it also paves the way for a forthcoming KYC Sharing API for those who do.
Liechtenstein-registered tokenized assets for retail investors
“There is a flight to quality assets on chain. We are seeing interest from crypto and DeFi primitive companies who want to offer a range of tokenized asset classes to their users but do not have the infrastructure to do so. Swarm’s solution removes friction and increases access to tokenized securities by providing a KYC onboarding process that is regulatory compliant in Germany,” said Philipp Pieper, co-founder of Swarm.
Clients integrating the API can offer their users a seamless onboarding process for identity verification and source of funds tracking. Users can then engage with Swarm’s array of tokenized assets like Apple and Coinbase, which are available on the Polygon network.
Timo Lehes, another co-founder of Swarm, notes the uptick in tokenized securities this year, and Swarm’s unique ability to cater to retail investors. “Swarm’s tokenized assets have a prospectus registered in Liechtenstein, meaning we can offer these to retail investors at no minimum investment,” Lehes said. This has drawn institutional interest, as many seek to white-label Swarm’s assets and trading infrastructure.
11 tokenized assets include Apple, Microsoft, and iShares US Treasury bonds
Swarm offers two distinct operational settings for client integration: a Sandbox environment for testing on the Polygon Testnet, Mumbai, and a Production environment for live operations. The Production environment requires preliminary testing for accessibility.
Swarm adopts a dual strategy, combining the security of regulatory compliance with the dynamism of decentralization. The platform currently supports 11 tokenized assets, ranging from tech giants like Apple and Microsoft to fixed-income products like iShares US Treasury bonds.
Swarm’s launch of its onboarding API marks an important step in the maturation of the DeFi sector. The move enables broader access to tokenized securities while ensuring stringent compliance with regulatory requirements. By doing so, Swarm aims to attract more institutional players into the space and further legitimize the market for decentralized financial assets.
