10XTS

What 10XTS does

10XTS, Inc. is a privately held U.S. software and data solutions provider, founded in 2017 and headquartered in Eaton, Ohio (Cincinnati area), with 11-50 employees. The company helps organizations digitize and tokenize real-world assets (RWAs) using proprietary distributed ledger and blockchain technology, anchored on the Conduit Network — a decentralized physical infrastructure network (DePIN) featuring Temporal Ledgers, Smart Meters, Gateways and Trust Bridges, Distributed Event Stores, Computable Contracts, and Composable Proofs. Its XDEX compliance platform provides governance, risk management, and regulatory compliance tooling for blockchain assets, digital offerings, tokens, and NFTs, with a focus on SEC-compliant issuance.

The company serves capital markets institutions, real estate developers and investors, government entities, and asset tokenization projects. Notable engagements include the NRI Real Token project with Greenberg Traurig and Nolan Reynolds International — a tokenized REIT pursuing SEC Form 10 approval — and government initiatives with the State of El Salvador and the Kentucky Blockchain Working Group. Solution offerings cover asset tokenization, precious metals, real estate, supply chain, and capital markets infrastructure; service offerings span smart contract development, GRC framework design, regulatory reporting, cross-chain interoperability, infrastructure management, cryptographic key custody, data analytics, DApp and DeFi development, identity and access management, Web2-to-Web3 migration, token economics, and strategic analysis.

10XTS monetizes through a mix of monthly and annual subscriptions (with stated 30-day and prorated refund policies), software licensing of XDEX and Conduit Network components, professional services (blockchain consulting, smart contract development, compliance advisory), and event/training revenue from courses and certifications. GTM is enterprise field sales-led, complemented by an event-driven motion (NYU Hospitality Conference, reBLOCK Miami, SCETA, Government Blockchain Association Summit, DePIN Day Seattle), webinar partnerships (Founder Institute), and a channel stack including Greenberg Traurig, Templum Markets, and Nolan Reynolds International. The company is privately held with no disclosed institutional funding rounds beyond approximately $2.4M raised between 2017 and 2020.

Name

10XTS

Legal name

10XTS, Inc.

Website

https://10xts.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

10XTS is a U.S.-based blockchain software provider that helps capital markets institutions, real estate developers, and government entities digitize and tokenize real-world assets using its proprietary Conduit Network infrastructure and XDEX compliance platform.

Ownership category

akta.pro rank

Product category

Blockchain Asset Tokenization Infrastructure

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182), Custom Computer Programming Services (541511), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Services-Prepackaged Software (7372), Services-Computer Programming Services (7371)

akta.pro primary industry

RWA Tokenization Platforms (asset onboarding, structuring, issuance) (FSAPAIAC)

akta.pro secondary industries

Tokenized Securities & Capital Markets Infrastructure (equities, bonds, funds, ATS/MTF connectivity) (FSAPAIAD), Compliance, Risk & RegTech for Tokenized Assets (KYC/AML, sanctions, travel rule, reporting) (FSAPAIAH), Interoperability & Integration Middleware (ERP/core banking connectors, messaging, APIs, cross-chain to permissioned) (FSAPAIAL)

Keywords

• Blockchain infrastructure
• Asset tokenization platform
• Compliance software
• Smart contract development
• Capital markets technology

Headquarters

HQ city

Cincinnati

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations

Revenue model

1. Subscription Services: Monthly and yearly subscription services for software platform access and ongoing support. Subscriptions include training courses, certifications, and digital products.
2. Professional Services: Blockchain consulting, smart contract development, regulatory compliance advisory, and strategic analysis services for enterprise clients implementing tokenization solutions.
3. Software Licensing: Licensing of proprietary platforms including XDEX compliance platform and Conduit Network infrastructure for enterprise deployments.
4. Event and Training Revenue: Revenue from live events, webinars, training sessions, and certification programs including mastery courses and classes.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels6 records

Core offering

10XTS develops blockchain infrastructure and compliance software for real-world asset (RWA) tokenization, enabling capital markets institutions, governments, and enterprises to issue, manage, and trade tokenized assets. Its flagship offerings include the Conduit Network (a purpose-built blockchain for asset tokenization) and the XDEX compliance platform for regulatory adherence. The company also provides professional services including smart contract development, blockchain consulting, and Web2-to-Web3 migration support.

Product overview

10XTS is a software and data solutions provider offering a platform-plus-services architecture centered on Digital Assets 2.0 and Real World Asset (RWA) tokenization. The core technology stack includes Conduit Network (a decentralized physical infrastructure network), XDEX (a compliance platform for blockchain assets), and Temporal Ledgers. The company provides a comprehensive suite of blockchain-based solutions organized into solution offerings (Asset Tokenization 2.0, Precious Metals, Real Estate, Supply Chain, Capital Markets Infrastructure) and professional services (Smart Contract Development, GRC, Regulatory Compliance, Interoperability, Blockchain Consulting, Infrastructure Management, Cryptographic Key Custody, Data Analytics, DApp Development, DeFi Solutions, Identity Management, Web2 to Web3 Migration, Token Economics, and Strategic Analysis).

Differentiator

Problem solved

Functional benefit

Brands

• XDEX: Compliance platform designed to support governance, risk management, and compliance for blockchain assets, digital offerings, tokens, and NFTs.
• Conduit Network

Products and services

• Conduit Network

Quantifiable outcome

• First U.S. tokenized REIT seeking SEC Form 10 approval
• +2 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration18 records

Feature6 records

Partnerships

Six partnerships are on record, tiered core, flagship and minor.

• Conduit NetworkcoreStrategic or Co-development Partner · 1 January 202410XTS joined Conduit Network as a Founding Partner, leveraging the network's DePIN (Decentralized Physical Infrastructure Network) technology. This partnership enables 10XTS to offer enhanced data security and operational efficiency solutions, particularly for state and local government clients. The collaboration positions 10XTS at the forefront of decentralized physical infrastructure development.
• Templum MarketscoreStrategic or Co-development Partner10XTS partnered with Templum Markets to provide tokenized securities issuers with access to compliant secondary market trading. This partnership enhances liquidity and transparency in digital asset markets by combining 10XTS's tokenization expertise with Templum's trading infrastructure.
• Greenberg TraurigflagshipStrategic or Co-development Partner10XTS collaborates with Greenberg Traurig (renowned law firm) and Nolan Reynolds International on the NRI Real Token project - a pioneering tokenized REIT seeking SEC approval. 10XTS provides technology and advisory services while Greenberg Traurig handles legal and regulatory aspects.
• Nolan Reynolds InternationalflagshipStrategic or Co-development Partner10XTS serves as technology and advisory partner for NRI's tokenized REIT project, the first U.S. tokenized REIT seeking SEC Form 10 approval. 10XTS provides the technical infrastructure and compliance guidance for this groundbreaking initiative.
• Founder InstituteminorGTM or Marketing Partner10XTS CEO Michael Hiles featured as webinar guest with Founder Institute, the world's largest pre-seed startup accelerator. Partnership focuses on educating startups about raising capital with tokenized digital asset securities.
• South Carolina Emerging Technology Association (SCETA)minorGTM or Marketing Partner10XTS is a dedicated member and supporter of SCETA, participating in the South Carolina Bitcoin Blockchain Conference. Partnership supports blockchain advocacy and education in South Carolina's emerging technology ecosystem.

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Emerging players

• Bitbond: Bitbond is a tokenization and issuance platform focused on regulated digital securities and asset-backed tokens, with overlapping RWA and capital markets coverage comparable to 10XTS's offerings.
• Provenance Blockchain: Provenance Blockchain is a public, permissioned financial blockchain for tokenized funds, private credit, and real estate, overlapping with 10XTS's capital markets and real estate tokenization verticals.
• Maple Finance: Maple Finance provides institutional on-chain credit and tokenized yield products, comparable to 10XTS's capital markets and DeFi offerings as a tokenized asset infrastructure play.
• Ondo Finance: Ondo Finance builds tokenized financial products and RWA yield infrastructure for institutional investors. Comparable to 10XTS's tokenized asset infrastructure for capital markets institutions and use of Chainlink oracles.

Direct peers

• Templum Markets: Templum Markets provides compliant secondary market trading infrastructure for tokenized securities. 10XTS is a partner and the capabilities overlap with 10XTS's tokenized asset infrastructure offering.
• Polymath: Polymath (now Polymesh) is a securities-focused blockchain platform providing token issuance, compliance, and identity management for regulated assets. It competes directly with 10XTS in the institutional RWA tokenization infrastructure category.
• Tokeny: Tokeny is a turnkey tokenization platform for issuing, managing, and trading compliant digital securities on Ethereum, comparable to 10XTS's XDEX compliance platform for tokenized securities and capital markets clients.
• Securitize: Securitize is a leading tokenized securities issuance and compliance platform serving institutional issuers with end-to-end primary issuance, KYC/AML, cap table, and secondary trading. It is the closest direct peer to 10XTS's XDEX + Conduit stack for SEC-compliant tokenized offerings.
• tZERO: tZERO operates regulated infrastructure for tokenized securities trading and issuance, including an ATS. It is a direct peer to 10XTS's capital markets tokenization + secondary market partnership with Templum Markets.

Broad incumbents

• R3 (Corda): R3's Corda is an enterprise-grade permissioned DLT platform used by major financial institutions. Comparable to 10XTS's Conduit Network as underlying permissioned/distributed ledger infrastructure for tokenized assets, but at significantly larger enterprise scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/go10xts
• YouTubeyoutube.com/@10xts40
• LinkedInlinkedin.com/company/10xts

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds3 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about 10XTS