The rapid growth of tokenized real-world assets (RWAs), now worth more than $33 billion globally, is creating a new challenge for institutional investors. That is auditing blockchain-based funds.

To solve it, tokenization infrastructure provider Tokeny has partnered with KPMG Luxembourg to enable on-chain audits for tokenized investment funds.

With this it will be bringing real-time verification and compliance to the fast-growing tokenization sector.

Tokeny Partners With KPMG Luxembourg

Under the partnership, KPMG Luxembourg will integrate Tokeny’s blockchain infrastructure to allow auditors to verify ownership records, fund transactions and compliance directly on-chain.

With this it will be replacing fragmented manual record checks with real-time, on-chain verification of ownership, transactions and compliance

Tokeny’s infrastructure creates a single, immutable record of ownership, transactions and compliance on blockchain. It will help KPMG Luxembourg to audit tokenized funds directly on-chain instead of manually reconciling records across multiple intermediari

Daniel Coheur, Head of Strategy and Innovation for Digital Assets at Tokeny, said tokenization infrastructure alone is insufficient without real-world applications that demonstrate the benefits of programmable assets. He noted that on-chain ownership records allow auditors to spend less time reconciling fragmented data and more time assessing risk, judgment and value.

What it Means for tokenized assets?

The partnership builds on Tokeny’s growing footprint in institutional tokenization. Its infrastructure has powered more than $32 billion in tokenized assets across 120+ institutional use cases spanning five continents.

Its platform has also facilitated over 3 billion on-chain transactions and operations, while supporting more than 120 customers ranging from banks and asset managers to financial institutions.

The collaboration reflects a broader shift among financial institutions from simply tokenizing assets toward building the operational infrastructure.

There’s also an institutional demand for tokenized funds has accelerated over the past year. BlackRock’s BUIDL tokenized money market fund has grown to more than $3 billion in assets. Franklin Templeton, Fidelity International, UBS and several global asset managers have expanded tokenized fund offerings across government bonds, money market funds and private markets.