Tokenized Assets Metrics
Tokenized Asset Metrics apply where the token represents a claim on a managed portfolio rather than a fixed peg, so the assessment turns on the fund and its operators rather than on reserve adequacy.
Four dimensions are scored. AUM measures adoption and secondary-market depth on absolute size bands. Fund Management assesses the two operators behind the asset separately, since the asset manager and the tokenization partner often differ sharply in maturity. Fund Transparency covers audit, administration, and NAV reporting frequency, including whether the on-chain wrapper carries its own proof of holdings. NAV Track Record examines whether reported NAV has moved cleanly along the accrual curve and how the token has traded against it.
Assets Under Management
Absolute AUM size bands as a proxy for adoption, redemption depth, and operational resilience.
Fund Management
Operator track record on two tracks: the asset manager running the portfolio and the tokenization partner running the wrapper.
Fund Transparency
Fund-level assurance: independent audit, administrator-struck NAV, and how frequently NAV and holdings are reported.
NAV Track Record
Whether reported NAV has tracked the accrual curve, how closely the token trades to it, and how NAV reaches the chain.