Cardano Network Has Launched Tokenized Asset Standard
The new CIP-0113 standard allows issuers to enforce identity and sanctions rules on-chain for digital securities.
Updated on Oct. 12, 2026 in Investing
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The Cardano Foundation has introduced the CIP-0113 token standard to the main network, enabling regulated issuers to implement identity verification and asset freezing directly within tokens. This development coincides with the spinoff of Veridian, a company that issued its own shares as ledger-based securities.
Why it matters
This shift aims to bridge the gap between blockchain efficiency and regulatory requirements by allowing rules to be hard-coded into assets. For investors, this creates a framework where tokens can comply with sanctions screening and identity checks without requiring a network-wide hard fork.
The broader tokenized stock market reached $4.43 billion in assets as of mid-September, with 1 million Veridian shares now moved on-chain following the recent deployment of CIP-0113.
The players
Cardano Foundation
A non-profit organization that oversees the development and adoption of the Cardano blockchain network.
Veridian
A private company focusing on AI agent market infrastructure and digital credential verification.
Capital Markets and Technology Association
A Swiss organization that certified the CIP-0113 framework for use in tokenized securities.
The details
The CIP-0113 standard enables token issuers to write specific compliance rules that the network automatically executes each time an asset is transferred. By utilizing KERI and ACDC open standards, Veridian verifies digital credentials without relying on a centralized database. These shares operate under Switzerland's DLT Act, providing a legal structure for the digital ledger-based securities.
Timeline
October 7, 2026: CIP-0113 went live on the Cardano main network.
Week of October 12, 2026: The Cardano Foundation spun off Veridian.
2027: Potential on-chain investor round for Veridian.
Money Landscape
This move represents a progression in the integration of blockchain into mainstream finance, following the legal framework established by Switzerland's DLT Act. It marks a shift toward regulated, rule-based asset management on decentralized networks.
As regulated tokenized securities become more common, investors should review the compliance standards of any digital assets they consider holding. Consult a qualified financial professional to understand how ledger-based securities fit into your broader asset allocation strategy.
The takeaway
The implementation of CIP-0113 signals that identity and compliance verification are becoming standard features for blockchain-based financial products. Investors should track the adoption of this standard by other regulated issuers as a signal for the maturing of the digital securities market.
What happens next
Investors interested in the development of the tokenized asset market should monitor for further details regarding Veridian's potential on-chain investor round scheduled for 2027.
Further reading
For more on how new technologies impact your portfolio, see our Investing section.
Source note: This article includes information reported by Memeburn.
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