#SmartContractSecurity

4 articles tagged #SmartContractSecurity — curated RWA tokenization coverage.

#Custody #RWA #Tokenization #CantonNetwork #Daml #DigitalAssets #Infrastructure #LiquidityLayer #MiCA #OpenZeppelin

Ratings giant S&P Global acquires OpenZeppelin in tokenized finance risk push

S&P Global has entered into a definitive agreement to acquire OpenZeppelin, a prominent smart-contract security firm, to bolster its capabilities in the digital asset sector. OpenZeppelin’s open-source code library has facilitated over $37 trillion in value transfers, serving as a foundational layer for numerous stablecoins and tokenized funds. This acquisition allows S&P Global to integrate technical code-level risk assessments into its traditional financial rating frameworks. By combining credit analysis with smart contract security, the firm aims to provide institutional investors with the necessary tools to evaluate onchain products at scale. The move follows S&P Global's recent strategic investments in crypto data firm Kaiko and the launch of a tokenized iBoxx U.S. Treasuries Index. OpenZeppelin will continue to operate as a distinct unit under its current leadership, reporting to S&P Global executives. This integration signifies a critical shift where traditional financial giants are formalizing the infrastructure required to safely transition capital markets onchain.

#DigitalAssets #Infrastructure #OpenZeppelin

CoinDesk·Sep 17, 20268.5

Infrastructure

RWA Tokens: Check Freeze Authority and Clawback

An investigation into 32 tokenized assets on the Solana blockchain revealed that every single one maintains a freeze authority, granting issuers unilateral control over user balances. Furthermore, 21 of these assets include a clawback permission, enabling issuers to remove tokens from investor wallets without holder consent. This systemic vulnerability was highlighted by a September 11, 2026, exploit at Dominion Market, where a compromised multisig wallet led to the removal of SILV holdings. SILV, marketed as representing one troy ounce of physical silver per unit, saw its price plummet by approximately 74 percent following the incident. The findings demonstrate that many tokenized real-world assets function as centralized ledger entries rather than decentralized ownership claims. This reality challenges the common investor assumption that blockchain-based assets are immune to issuer interference. For the RWA market, this underscores a critical transparency gap regarding the technical governance structures embedded in token smart contracts.

#Solana #RWA #Tokenization

cryptoticker.io·Sep 13, 20267.5

Infrastructure

RWA Tokenization Security Guide

RWA tokenization security extends far beyond smart contract audits, requiring a holistic risk model that encompasses custody, legal enforceability, and operational integrity. According to data from RWA.io and Veritas Protocol, losses from on-chain operational failures in tokenized assets reached 14.6 million dollars in the first half of 2025, representing a 143 percent increase over 2024 totals. This trend highlights that while smart contracts manage issuance and compliance, they cannot independently verify off-chain assets like Treasury bills or real estate. Developers must address vulnerabilities in versioning, access control, and oracle dependencies to prevent discrepancies between token supply and actual collateral. Regulatory frameworks such as the EU's MiCA and recent updates in Nigeria and the UK are providing necessary structure, though they increase operational costs. Effective security requires rigorous testing of failure paths, multi-party approval for upgrades, and granular, timestamped attestations from custodians. Ultimately, the RWA market's maturity depends on aligning blockchain engineering with traditional financial controls to ensure that the token and the underlying asset remain synchronized.

#RWA #Tokenization #MiCA

blockchain-council.org·Aug 19, 20267.5

Infrastructure

Case Study: Securing a First-of-Its-Kind Liquidity Layer on the Canton Network for Tradecraft

Tradecraft, an automated liquidity layer incubated by Obsidian Systems, has completed a comprehensive security audit of its infrastructure on the Canton Network. The protocol functions as an automated market maker designed specifically for regulated financial markets, requiring specialized security assessments due to its reliance on the Daml smart contract language. Because Daml lacks extensive audit precedent, Tradecraft engaged Halborn to conduct a security review that evaluated the protocol's authorization boundaries and settlement semantics within the native Daml execution model. Halborn performed a systematic assessment of pool state, fee logic, and settlement windows, treating the protocol as an interconnected system rather than isolated modules. This engagement established a repeatable security workflow for the Canton ecosystem, ensuring that all identified vulnerabilities were remediated and independently re-verified before the project's conclusion. By securing its core settlement logic, Tradecraft aims to provide a robust foundation for institutional asset issuers and builders to access on-chain liquidity. This development is significant for the RWA market as it demonstrates the maturation of security standards for specialized, privacy-focused financial networks. The successful audit positions Tradecraft to scale its liquidity infrastructure as institutional adoption of the Canton Network continues to grow.

#CantonNetwork #Daml #Tradecraft

halborn.com·Aug 18, 20267.5

#SmartContractSecurity

Ratings giant S&P Global acquires OpenZeppelin in tokenized finance risk push

RWA Tokens: Check Freeze Authority and Clawback

RWA Tokenization Security Guide

Case Study: Securing a First-of-Its-Kind Liquidity Layer on the Canton Network for Tradecraft

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