Digital Asset Platforms Unveil GRADE to Establish a Global ‘Passport’ System for Tokenized Securities
The “submit once, review many” information standard, spearheaded by Particula and Hydra X, aims to reduce redundancy and speed up cross-border listings while maintaining venue independence.
SINGAPORE, Oct. 14, 2025 — A group of digital asset platforms has announced the launch of the Global Regulated Asset & Digital Exchange Alliance (GRADE), an initiative designed to harmonize and simplify cross-border listings for tokenized securities. The initial members include Hydra X, Particula, Mio3, 21X, Black Manta, Assetera, Texture Capital, Sologenic, and INX (acquired by Republic).
The current digital asset market is hindered by fragmented regulations. Issuers face a time-consuming and repetitive process of submitting similar information to numerous venues, while exchanges struggle with inconsistent disclosures. This issue impedes the development of a truly global market.
“We’ve all seen incredible, regulated assets trapped in liquidity silos because cross-border listings are too complex,” said Mark Tang, VP at HydraX. “GRADE is about building the essential plumbing for a unified global market. By standardizing the flow of information, we are finally creating the conditions for true, network-wide liquidity.”
How the GRADE’s ‘Eligibility Passport’ works:
- Single information pack: Issuers submit a single, standardized due diligence package to the GRADE coordinator (Particula).
- Multi-venue assessment: The package is validated and assessed against each member venue’s rulebook; venues maintain complete discretion over eligibility and listing.
- More clarity: Issuers gain a clear understanding of where they are eligible and what gaps remain.
“Issuers and exchanges are wasting invaluable resources on redundant paperwork,” said Nadine Wilke, Co-Founder of Particula. “Our role is to replace that inefficiency with trust and speed. The Eligibility Passport standardizes information, not rules, allowing each exchange to maintain its autonomy while benefiting from a single, reliable source of truth. It’s a simple change that unlocks massive network effects.”
Julio Valdes, CEO of Mio3, added, “For an exchange, the two most valuable commodities are high-quality assets and time. GRADE delivers both. It gives us access to a global pipeline of vetted assets while significantly reducing the operational burden of due diligence. This alliance is a practical step towards building a truly global and efficient market for our clients.”
GRADE is managed by its founding members. A governing board and expert committees ensure that the alliance is guided by the market participants it serves. Membership is open to regulated venues and qualified infrastructure partners. GRADE’s goal is to be the leading authority on practical advice for tokenized asset listings and product diversification.
About GRADE
The Global Regulated Asset & Digital Exchange Alliance (GRADE) is an association of regulated exchanges dedicated to creating a trusted, efficient global marketplace for digital assets. Our goal is to replace friction with flow, connect markets, and enable cross-border access to regulated digital assets. For more information, visit www.gradealliance.xyz.
About Particula
Particula is a leading rating provider for digital assets, transforming complex on- and off-chain data into actionable insights. They deliver next-generation risk ratings and comprehensive analyses, covering technical, economic, governance, and compliance aspects – providing the clarity and confidence needed to navigate the complexities of digital finance. For more information, visit our or .
About Hydra X
Hydra X is a regulated capital markets infrastructure company that develops technology and financial services to power the next generation of tokenized financial markets. Its comprehensive solutions cover the entire capital markets lifecycle, from securitization, primary issuance, and secondary trading to custody and settlement.
As a digital asset custodian regulated and licensed by the Monetary Authority of Singapore, Hydra X offers institutional-grade custodial services for a wide range of digital assets.
For more information, visit our or .
Contact Information:
Contact Person: Nadine Wilke, Co-Founder & CGO at Particula
Email Address: info@particula.io
Website:
Address: Halle, Germany
