Standard Tokenization Protocol describes itself as an open-source standard defining how tokenized assets are issued and transferred while complying with the necessary regulations. Tokens built on top of the STP-Standard will use the protocol’s on-chain validator to verify compliance with any jurisdictional or issuer-specific requirements.
Standard Tokenization Protocol aims to allow assets to be tokenized in a way that makes them fully compliant across jurisdictions and transferable across any blockchain platform.