Stellar introduces asset tokenization capabilities with the Stellar Asset Sandbox, a testnet tool by Cheesecake Labs that enables issuers to create, manage, and control assets using native protocol features like minting, burning, freezing, and clawback operations.
Stellar has published a comprehensive guide to asset tokenization on its blockchain, highlighting native features designed for asset issuers including fine-grained ownership control and protocol-level extensibility. The Stellar Asset Sandbox, built by Cheesecake Labs, is a non-custodial testnet tool that simplifies asset issuance workflows. Key features include creating assets via issuer and distribution accounts, managing supply through mint and burn operations, publishing asset information via SEP-1 standards, and enforcing issuer controls like account freezing and token clawback. The guide covers the complete asset lifecycle from creation to distribution, with support for regulated assets through SEP-8 authorization servers.
