The integrity layer
forTokenised

Institutional tokenisation infrastructure.
Majority-owned by FTSE 250 CMC Markets.
The Opportunity

$16 Trillion of capital markets is moving on-chain.

A generational shift in financial infrastructure.

The challenge

But there's a problem.

Most tokenisation platforms inherit the same structural weaknesses they were meant to solve.

Opaque Operations

Lifecycle events live in operator databases. Token holders can't independently verify what happened.

Trust-Based Issuance

Holders rely on the operator's word that backing exists and rules were followed at issuance.

Manual Attestation

Critical state information is exchanged through PDFs, emails, and signed statements rather than cryptographic proof.

No Independent Verification

Confirming what a token represents requires trusting the operator, their auditor, or their API.

[Tokenisation can] amplify many of the same vulnerabilities as in traditional finance.
Financial Stability Board Report to the G20
The Solution

StrikeX fixes this.

StrikeX makes tokenised assets independently verifiable. Every issuance, lifecycle event, and current state record is cryptographically proven and open for anyone to verify.

Tokenisation

Issues and manages digital assets with hashed attestations enforced across lifecycle workflows.

  • Pre-Execution Enforcement

    Provider attestations verified before every mint and burn

  • Full Asset Lifecycle

    Create, mint, burn, corporate actions, and distributions

  • Multi-Tenant Isolation

    Complete provider separation with dedicated credentials and whitelists

  • Batched On-Chain Execution

    Gas-efficient processing with Merkle-anchored metadata

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Proof of Integrity

A continuous, tamper-evident cryptographic chain recording every operation anchored on-chain.

  • Chain Continuity

    Every commit hash-linked to the previous

  • Full Lifecycle Coverage

    Creation, mints, burns, reconciliation, and resolution all committed

  • Merkle-Anchored Batches

    On-chain roots enabling individual proof verification per operation

  • STRX Integrity Burn

    PoI commits burn STRX, linking integrity activity to permanent token consumption

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Public Verification

Permissionless browser verification for PoI commits and tokens, with checks run locally through the verifier's own wallet.

  • Commit Verification

    Verify eligible commits through Merkle, on-chain root, and continuity steps

  • Token Verification

    Replay a token's PoI chain, cross-check supply, and confirm the latest anchored hash

  • Own Wallet Verification

    Use the verifier's wallet connection as the independent source for chain checks

  • Local Evidence

    Save passed verifications in-browser with exportable PDF and CSV records

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We built StrikeX to hold digital assets to a higher standard.

Joe Jowett

StrikeX CEO

In traditional markets, integrity is assumed.

In digital assets, it should be proven continuously, cryptographically, and open for anyone to verify.”

FAQs

Tokenisation Engine
What is the StrikeX Tokenisation Engine?

The Tokenisation Engine is the infrastructure layer that sits between asset providers and supported blockchains. It handles token creation, supply operations, corporate actions, reconciliation, and on-chain execution, with PoI commits recording the critical lifecycle events.

What types of assets can be tokenised?

The engine is designed to be asset-agnostic. It can support equities, structured notes, funds, bonds, and other financial instruments where the provider can supply the required metadata, policies, and attestations. The enforcement model is based on signed provider instructions, hashed attestations, and configured supply rules, not a single hard-coded backing model.

What blockchains does the engine support?

The engine is designed for EVM-compatible networks and can be deployed across chains such as Ethereum, Arbitrum, and BNB Chain depending on the product and provider requirements.

What are the supply and custody invariants?

Before any mint or burn is executed, the engine validates the requested supply change against the provider's signed instruction, committed attestation data, replay protection, and the configured supply rules for that asset. If the required checks fail, the operation is rejected before an on-chain transaction is constructed.

What happens if a mint or burn request is invalid?

The operation is rejected with an explicit reason code before any on-chain transaction is broadcast. Because the rejected operation never reaches the chain, it does not create a token supply change or a valid PoI commit.

How does the engine handle corporate actions?

Corporate actions such as splits, redenominations, dividends, coupons, or distributions can be handled through configured workflows: snapshot holder balances, compute allocations, queue the batch operation, execute on-chain where required, and anchor the result through PoI. The exact workflow depends on the asset and provider policy.

Can multiple providers use the engine simultaneously?

Yes. The engine is multi-tenant by design. Providers are separated by scoped tokens, credentials, whitelists, reconciliation records, PoI chains, and STRX credit vaults. Provider data and operations are isolated from one another.

How does pre-execution validation work?

Mint and burn requests are checked against the provider's signed instruction, attestation hashes, replay controls, and configured supply rules before any on-chain transaction is constructed. Invalid operations are rejected before execution and returned with an explicit reason code.

How does the engine authenticate provider instructions?

Provider instructions are cryptographically signed. The engine verifies the signature, checks that the instruction belongs to the correct provider context, and rejects replayed or malformed requests before execution.

Is the code open source?

The Tokenisation Engine and PoI system are proprietary StrikeX infrastructure. Public verification is designed so that external verifiers do not need the engine source code: they can use published PoI records, on-chain anchors, and documented verification behaviour.

Proof of Integrity
What is Proof of Integrity?

Proof of Integrity is StrikeX's cryptographic accountability layer for tokenised assets. It produces a PoI commit for every meaningful lifecycle event, including token creation, mints, burns, max supply updates, reconciliation checks, and mismatch resolutions. Each commit records the operation metadata, supply delta, attestation hashes, and the previous PoI hash.

Why does the PoI chain cover more than just mints and burns?

Because integrity is not only about supply changes. Token creation establishes the asset's genesis. Max supply updates record policy changes. Reconciliation commits prove that the system checked committed supply against provider attestation records at a specific point in time. Resolution commits prove that a mismatch was acknowledged, classified, and carried through an auditable workflow.

What is hash continuity?

Each PoI commit includes the previous PoI hash, forming an ordered chain from genesis to the latest commit. If a historical commit is changed, its hash changes and the next commit no longer points to it. That break can be detected by replaying the chain.

What is historical tampering and how does PoI expose it?

The risk is audit-trail tampering: a past record being changed, removed, or replaced after the fact. PoI makes that tamper-evident by hash-linking each commit to the previous commit and anchoring the chain on-chain. If a historical commit changes, its hash changes, downstream links no longer match, and the altered history fails replay and anchor checks.

Is Proof of Integrity an open standard?

No. PoI is purpose-built StrikeX infrastructure, not a third-party standard. The system itself is proprietary, while the verification model is designed to be public: commits, anchors, and expected verification behaviour can be checked independently.

Can PoI be disabled or bypassed?

No. Within the StrikeX Tokenisation Engine, operational execution and PoI commitment are coupled. Engine actions produce PoI commits, and valid PoI commits are produced through the engine's validation pipeline rather than as optional after-the-fact audit notes.

How does continuous reconciliation work?

The engine compares on-chain token supply against the provider's committed attestation records. If the values do not reconcile, the mismatch is classified with an explicit reason code and tracked through an auditable resolution workflow.

What types of mismatches can occur?

Mismatches are classified by reason, such as provider reporting lag, FX or denomination differences, pending corporate actions affecting supply, or a true mismatch requiring investigation.

How are mismatches resolved?

An administrator reviews the mismatch, assigns a resolution type, adds resolution notes, and files a resolution commit. The resolution becomes part of the PoI chain and is anchored on-chain, so the discrepancy and its handling remain visible in the audit trail.

Are reconciliation records provable?

Yes. Reconciliation records and resolution commits are part of the PoI chain, hash-linked to surrounding commits and anchored on-chain. They can be replayed, checked for continuity, and verified through the same public verification model as other operations.

Public Verification
Can anyone verify the integrity of a tokenised asset?

Yes. Public verification is designed to be permissionless. Once the StrikeX Verify browser is launched, anyone will be able to use it to check token history without an account, API key, or relationship with StrikeX. The same model also allows developers to reproduce the checks directly from public PoI data and chain state.

What are the three verification methods?

The three methods are chain replay, Merkle inclusion, and supply cross-check. Chain replay verifies the hash-linked PoI history from genesis. Merkle inclusion proves a specific commit was included in its anchored batch. Supply cross-check derives expected token supply from committed operations and compares it against live on-chain token supply.

What happens if a supply cross-check finds a mismatch?

A mismatch means the PoI-derived supply and the live on-chain supply disagree, so the verifier has found a discrepancy rather than a pass. Reconciliation and resolution events are themselves committed to the PoI chain with reason codes, leaving an audit trail from detection through resolution.

What tools do I need to verify?

The intended normal tool is the StrikeX Verify browser, which has been built and is planned for a later public launch. It uses the verifier's own wallet connection for the relevant chain and does not require signing, transactions, an account, or an API key. Developers can also reproduce the checks independently with public PoI data, standard hashing and Merkle libraries, and read-only chain calls.

How does Merkle batching preserve privacy?

Operations are batched and anchored on-chain as a single Merkle root. A verifier can prove one commit belongs to that batch without publishing every other operation in the batch. The design is still transparency-first: the verified operation is meant to be auditable, while unrelated batched operations do not need to be exposed for that proof.

Why does the system use Merkle proofs instead of zero-knowledge proofs?

The requirement is public auditability: prove continuity, prove batch inclusion, and prove that committed supply changes reconcile with chain state. Merkle proofs do that directly and efficiently. Zero-knowledge proofs are useful when the underlying data must stay hidden; PoI is designed to make the relevant integrity data openly verifiable, so ZK would add complexity without improving the core verification guarantee.

STRX
What is STRX?

STRX is the protocol token used to account for integrity work in the StrikeX Tokenisation Engine. Proof of Integrity activity consumes STRX and burns it, making integrity a measurable part of the tokenisation stack rather than an invisible operating cost.

Why does the system use STRX instead of ETH or a stablecoin?

Gas pays the blockchain network. STRX accounts for the integrity layer around the transaction. Using STRX keeps that layer separate from chain gas, avoids reliance on third-party stablecoin issuers, and ties integrity consumption directly to the StrikeX protocol.

Is STRX charged on top of gas fees?

Yes. Gas pays the underlying blockchain for transaction execution. STRX is consumed by the integrity layer that records and anchors material tokenisation events.

How are STRX costs determined?

STRX costs are configured at the protocol level and can vary by provider, asset configuration, and operation type. The aim is to make the cost of producing integrity evidence proportionate to the activity being processed.

What is a credit vault?

A credit vault is a provider-scoped STRX allocation used by the protocol to account for that provider's STRX consumption. Provider vaults are separate, so one provider's activity does not debit another provider's allocation.

Do providers need to manage their own STRX?

No, StrikeX manages provider credit vaults at the infrastructure layer, so providers can use the tokenisation stack without operating STRX mechanics themselves.

What happens if a provider has insufficient STRX credit?

Provider vaults can be StrikeX-managed, automatically topped up, or supported by an approved overage arrangement depending on the provider agreement. If all configured credit options were exhausted, the issue would be surfaced for operator action before integrity activity continued.

What happens to consumed STRX?

STRX used for Proof of Integrity is 100% burned. The burn amount linked to a PoI event is part of the public record.

Can STRX burned for PoI be verified publicly?

Yes. Public verification can show the STRX burned for the relevant Proof of Integrity event alongside the commitment it relates to.

Do users need STRX to verify assets?

No. Public verification does not require holding STRX or paying a protocol fee.

Company
What is StrikeX Technologies?

StrikeX Technologies is a UK-based digital asset infrastructure company founded in 2021 and majority-owned by CMC Markets. StrikeX builds tokenisation, proof, verification, and DeFi infrastructure for digital assets.

What is the relationship between StrikeX and CMC Markets?

CMC Markets (LSE: CMCX) first invested in StrikeX and later increased its holding to a majority 51% stake. CMC operates regulated trading and investing platforms across multiple jurisdictions, while StrikeX provides digital asset and tokenisation infrastructure within that strategic relationship.