Logos launches evidence layer for tokenized assets at Money20/20
- —Evidence is delivered via API covering reserves, redemption, custody and sanctions
- —Testnet launched October 19 with Paysend and Securitize as first partners
- —Backed by ParaFi and VanEck; CEO Tom Zschach was previously Swift's CIO
- —Production workflows are targeted for early 2027
Why it matters: A shared evidence layer could cut duplicative due diligence for banks handling tokenized assets, though its value hinges on how many issuers and institutions adopt it.
Source: Crypto Briefing