LogosFi Launches Testnet for Tokenized Asset Evidence Service
LogosFi has launched a testnet service designed to streamline the verification process for financial institutions handling tokenized assets and stablecoins. Introduced at Money20/20 USA, the platform allows firms to access and reuse evidence regarding an asset's legal rights, backing, custody, and transfer restrictions. By providing a standardized API for retrieving this data, LogosFi aims to solve the industry challenge where tokenization alone does not resolve underlying questions about asset validity or holding structures. The company is collaborating with design partners Paysend and Securitize to develop specific workflows for payments and tokenized securities, respectively. This infrastructure is intended to facilitate institutional adoption by enabling firms to verify asset details against their own internal compliance standards before engaging in custody or lending. LogosFi has also opened ten additional design partnerships to further refine the service for custodians and payment providers. The company is currently targeting early 2027 for the rollout of its first production-ready workflows. This development represents a critical step in building the necessary verification layer for the broader RWA ecosystem.