In early 2026, Coreum and Sologenic merged through community governance into tx—a U.S.-based, compliance-first Layer-1 operating system and marketplace purpose-built for real-world asset (RWA) tokenization. The result is a unified stack spanning infrastructure, regulated issuance and distribution, secondary trading, and a consumer-facing experience. tx positions itself not as another fragmented tokenization platform, but as the full-lifecycle destination for tokenized equities, ETFs, commodities, real estate, and alternatives—aiming to become the “Amazon of tokenization.”
The Core Stack: Super App, SoloTex, tx Market, and Native USTX
At the user layer sits the tx Super App (launched mid-2026 on iOS and Android). It is a non-custodial wallet with one-time Universal KYC, staking, governance, referrals, mini-apps, and direct access to the broader ecosystem. Users verify once and carry that verified profile across offerings, reducing the repeated onboarding friction that has historically limited retail participation in tokenized markets.
SoloTex, developed with Texture Capital (an SEC-registered, FINRA-member broker-dealer), is the flagship equity product. It targets on-demand tokenization of 5,000+ U.S. stocks and ETFs for retail investors. Critically, these are 1:1 backed by actual underlying shares held in regulated custody—not synthetics or leveraged exposure products. Tokens function analogously to depositary receipts: the token lives in the user’s wallet while the real share remains with the clearing broker, preserving shareholder rights such as dividends and voting where applicable. SoloTex is designed to settle on tx rails and integrate into the Super App and marketplace.
tx Market (tx.market) serves as the aggregated secondary venue and discovery layer. It aims to host multiple asset classes and issuers in one place, with a native on-chain order book featuring programmable compliance and liquidity logic. Issuers and partners already listed or planned span equities (SoloTex), agricultural commodities, real estate, collectibles, energy, sports finance, and more. The vision is a single marketplace where investors can move fluidly between tokenized stocks and other RWAs.
USTX: The Native Settlement Layer That Powers Everything
At the heart of tx’s vision sits USTX, the native stablecoin of the ecosystem, set to launch in October. Issued by Brale in direct partnership with tx and fully backed 1:1 by cash, bank deposits, and government money market funds, USTX is far more than just another dollar token.
Today, most liquidity for tokenized assets lives in USDC — but that USDC is scattered across dozens of different networks. Every time a user wants to buy a tokenized stock or RWA on tx, they have to bridge, wrap, or swap, creating friction, extra fees, and broken liquidity. USTX solves this permanently.

Users can send their existing USDC from eight major networks directly into the tx chain. Brale burns the USDC on the source chain and mints brand-new USTX on tx at a perfect 1:1 rate. The process is transparent, requires only a simple ownership signature, and can be reversed at any time — users redeem USTX back into USDC on whichever network they prefer. Crucially, tx itself never takes custody of the funds.
This creates a powerful flywheel:
- All tokenized stocks, ETFs, and RWAs issued on tx now have deep, native dollar liquidity sitting on the same chain.
- Trading and settlement can happen in a single atomic transaction — the asset and the payment move together, just like modern finance is supposed to work.
- Issuers can also launch their own branded stablecoins on tx through Brale’s infrastructure, using the same Smart Token framework. This means the stablecoin market on tx can grow rapidly as banks, fintechs, and asset managers bring their own dollars on-chain.
In short, USTX turns tx from “another place to list tokenized assets” into a true financial operating system. Liquidity is no longer fragmented. Settlement is no longer delayed. And every new asset that launches on the network immediately inherits a strong, native dollar market. This is one of the final and most important pieces before the full tx Marketplace goes live — and it is a major reason why tx has a realistic path to becoming the Amazon of tokenization.
Cross-Chain Liquidity via Brale and IBC
tx inherits Coreum’s IBC interoperability (plus bridges spanning XRPL, Cosmos, and EVM networks). Brale enables users to send USDC from eight networks—Ethereum, Base, Solana, Arbitrum, Optimism, Polygon, Avalanche, and Celo—into USTX on tx at a 1:1 rate. The process is transparent: proof-of-ownership signature, conversion with explorer links on both sides, and full redeemability back to USDC on the user’s chosen network. tx itself does not take custody.

This same Brale relationship lets issuers launch their own stablecoins natively on tx using the Smart Token framework. Because stablecoins can be issued with programmable compliance and immediate IBC reach, the stablecoin market on tx can expand organically as more issuers bring regional or branded dollars on-chain. Deeper native stable liquidity supports tighter markets for tokenized stocks and other RWAs.
White-Label Solutions via the Stobox Partnership
Through its strategic partnership with Stobox, tx offers white-label issuance, lifecycle management, and distribution tools for exchanges and asset issuers. Stobox contributes its regulated stack (issuance platform, programmable assets protocol, DID/compliance layer, and onboarding framework). tx contributes the underlying L1, Smart Tokens, order book, cross-chain connectivity, and distribution network of regulated partners (including Texture Capital, custodians such as Fireblocks and BitGo, and others).
Exchanges can plug in a Tokenized Gateway to offer compliant tokenized assets to their users without building the full regulatory and technical stack from scratch. Issuers gain a no-code or low-code cockpit for controlling the asset lifecycle—permissions, compliance flags, freezing/clawback where required, and global reach—while staying within jurisdictional rules.
Regulatory Alignment: Meeting the SEC and Building to the Rules
tx has engaged directly with U.S. regulators. In May 2026, representatives of TX Labs, CoreNest Capital, and Texture Capital met with SEC Crypto Task Force staff. The discussion covered tx’s model as pure infrastructure (tx itself is not a broker-dealer, exchange, or custodian), the role of regulated affiliates for all regulated activities, and the design of SoloTex stock tokens as depositary-receipt-style instruments.
The architecture reflects this alignment: Smart Tokens embed compliance logic at issuance; secondary trading and investor onboarding occur through licensed entities; assets are 1:1 backed rather than synthetic; and the platform emphasizes existing SEC/FINRA frameworks rather than seeking exemptions that would require reinventing the rules. Texture Capital’s FINRA approvals and ATS capabilities provide the regulated backbone for U.S. equity tokenization. Leadership includes TradFi experience and former SEC counsel, reinforcing the compliance-first posture.
Why This Positions tx as the “Amazon of Tokenization”
Most RWA projects solve only part of the problem—issuance without liquid secondary markets, marketplaces without robust compliance, or compliance without scalable, interoperable infrastructure. tx combines:
- A purpose-built L1 with Smart Tokens, native order book, high throughput, and multi-ecosystem connectivity.
- Regulated U.S. equity access at scale (5,000+ 1:1-backed stocks/ETFs via SoloTex + Texture Capital).
- Native dollar liquidity (USTX) fed from major networks via Brale.
- White-label tools for issuers and exchanges (Stobox partnership).
- A single Super App experience with portable KYC.
- An aggregated marketplace designed for multiple asset classes and global distribution through a network of regulated intermediaries.
The goal is straightforward: make tokenization repeatable, compliant, and accessible the way e-commerce made retail commerce accessible. Issuers list once and reach investors across jurisdictions; users verify once and access stocks, ETFs, and alternatives from a self-custody wallet; liquidity and settlement happen natively on the same rails. If successful, tx becomes the default operating system and marketplace where the world’s assets move on-chain—turning fragmented experiments into a unified, institutional-grade, retail-accessible economy of tokenized value.
Note: Product timelines (marketplace, full SoloTex trading, USTX launch) and regulatory status continue to evolve. This overview is based on publicly available information from the project, partners, and regulatory filings as of late 2026 and is not investment, legal, or financial advice.