Standard Tokenization Protocol (STPT) Crypto Exchange
Instantly exchange Standard Tokenization Protocol at the best STPT exchange rate on ChangeNOW. Free of limits, accounts, and worries. Spend your time and energy on what matters — we’ll handle the rest.
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What is Standard Tokenization Protocol (STPT)
Standard Tokenization Protocol, or STP, is a platform that facilitates the usage and discovery of digital assets. It was founded in 2019 by [Minhui Chen](https://www.linkedin.com/search/results/all/?keywords=Minhui%20Chen&origin=GLOBAL_SEARCH_HEADER&sid=Wo4) and [Sinhae Lee](https://www.linkedin.com/in/sinhae/). The platform offers users a clear framework for asset tokenizing.
STP-Standard is completely open-source and aimed at making assets fully compatible with the ERC-20 standard.
STP’s Compliance Validator verifies if everything complies with regulations, for example, KYC and AML, and with issuer-specific requirements such as holding periods, voting, etc. The Validator Committee is a group of high-level experts who track this work, ensure its accuracy, and constantly monitor changes in the regulatory landscape. STPT is an ERC-20 token that is used as a means of payment within the Standard Tokenization Protocol’s ecosystem.
In 2021, STP [launched](https://medium.com/stp-network/stp-launches-verse-network-a-layer-2-sidechain-optimized-for-daos-d68e0a66a9b4) the Verse network, a Layer-2 sidechain for DAOs. The network was co-developed with the Meter Foundation, a DeFi infrastructure that facilitates the scaling of smart contracts. Verse was created in order to serve the next generation of DAOs and dApps.
