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, metadata commitment, token linkage, and payment schedule in the Business Validator Protocol. It maintains this record as the instrument changes and re-attests information when required.
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, not that the underlying 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 grant ownership 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. An update to a document outside the protocol does not by itself update the on-chain record.
Stale information and unauthorized contract changes can trigger enforcement. An allegation that the record misrepresents the actual instrument requires evidence and a dispute. See Penalties and disputes for how these paths resolve.
Collateral follows responsibility
The asset's notional contributes to the TV role's collateral requirement. A penalty can affect collateral backing the role's wider portfolio, rather than only a separately ring-fenced amount for that asset.
An eligible replacement TV can take over a stale asset through fresh attestation and the applicable integration checks. Until liabilities are released, an asset becoming stale or orphaned does not automatically make the original TV's stake withdrawable. See Exit and wind-down.
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.