Tokenization Validator
Register an asset's protocol record and keep it accurate throughout its lifecycle.
Responsibility
A Tokenization Validator (TV) registers the asset's notional value (its principal or face value), metadata commitment, token linkage, and payment schedule in the Business Validator Protocol. The TV updates this record as the instrument changes, and re-attests information when required. In the dashboard, the tokenization role has the tabs Overview, Assets, Tasks, Stake and rewards, Payouts, and Activity.
The work continues after issuance. Other participants use the record to identify the asset, assess its obligations, and interpret settlement outcomes. A hash proves which information was committed. It does not prove that the information is true.
Before onboarding an asset
Confirm that your BVID holds the TV role and can accept new volume. Prepare the asset information, payment schedule, and token linkage required by the integration. Check that the protocol record describes the instrument the issuer actually operates.
TV status does not automatically give ownership of, or administrative access to, an issuer's token contracts. Those permissions belong to the token suite's authority model. Deploying a token suite and registering its Business Validator responsibilities are separate steps.
Maintain the record
Track material changes to the instrument and keep the metadata commitment current. Monitor registered material events, re-attestation deadlines, and changes to the linked contracts. If you update a document outside the protocol, the on-chain record does not change by itself.
Stale information and unauthorized contract changes can trigger enforcement. If someone alleges that the record misrepresents the actual instrument, the case needs evidence and a dispute. See Penalties and disputes for how these paths resolve.
Collateral follows responsibility
The asset's notional counts toward the TV role's collateral requirement. A penalty can take collateral that backs the role's whole portfolio. It is not limited to a separate amount set aside for that asset.
An eligible replacement TV can take over a stale asset with Take over a stale asset. It does this with a fresh attestation and the applicable integration checks. If an asset becomes stale or orphaned before its liabilities are released, the original TV's stake does not automatically become withdrawable. See Exit and wind-down.
Prepare scheduled payouts
On the Payouts tab, you prepare each scheduled payment of your assets. The payment moves through the payout contract, as described in how payments are recorded. Before you start, governance must approve the asset's issuer wallet.
Register the schedule
If the asset's payment schedule is not in the settlement contract yet, select Register schedule.
Lock record dates
Choose a record date for every payment of the asset, then select Lock record dates. Each record date must be in the future and no later than its payment's due time. Lock the dates before the due time of the asset's first payment, and before any payment is paid or missed. Otherwise the contract refuses the lock.
Prepare the allocation
After a record date passes, select Prepare allocation. The platform lists the entitled holders at the record date. If the preparation fails, select Prepare again.
Approve the allocation
Review the allocation manifest, then select Approve allocation.
Wait for funding
Wait for the issuer to fund the payment. The row shows Waiting for issuer funding.
Activate the payout
When the payment is fully funded, select Activate payout. Investors can then claim it.
These steps are permanent
Deadlines use on-chain time. See on-chain time.
Prepare asset operations
Follow Become a Business Validator for admission and operational preparation. For the issuer's asset-management workflow, use the separate Tokenization Engine guide.