Platform Comparison
Tessera vs. the platforms you are quoting
See how Tessera compares to Polymath, Securitize, and tZERO across pricing, features, technology, and deployment options.
What Tessera gives you
What separates Tessera from the platforms it is measured against here.
You buy it once
USD 50,000 for the source and USD 5,000 to have us stand it up and put your brand on it. Year one is USD 55,000 against USD 350,000+ for Securitize, and year two is nothing at all.
True Multi-Chain Support
9 blockchain networks vs. 1-2 for competitors. Deploy where your investors are, leverage low-cost chains, and future-proof your platform.
Built-in Trading Engine
Professional trading infrastructure included. No third-party integrations, no additional fees, complete control over trading rules.
100% White-Label
Your brand only, no co-branding, no attribution. Branding, palette, copy and mail templates are configuration, not a fork.
Two backends, one contract
The NestJS 11 runtime is what serves production today. A Rust rewrite is under way against a frozen copy of the same API contract, so the migration is an engine swap and not a re-integration. Both are in the repository you buy.
Global Language Support
8 languages out of the box (EN, FR, ES, DE, MFE, ZH, AR, RU), which is unusual in this market and matters for any cross-border issuance programme.
Native Mobile Apps
Six native applications — iOS and Android for Invest, Pay and Predict — in the licence, with full trading, portfolio and KYC flows.
Fireblocks Native Integration
Production-ready Fireblocks custody with 3 modes (internal, hybrid, full), TAP support, and automated treasury management. No external setup required.
Integrations you can change yourself
You hold the code, so a different custodian, a different KYC provider or a different chain is a change you can make — or ask us to make — rather than a renegotiation.
Products in the box
| Feature | Tessera Modern, Cost-Effective, White-Label | Polymath Polymesh Blockchain Platform | Securitize Full-Service STO Platform | tZERO SEC-Regulated ATS |
|---|---|---|---|---|
| Primary issuance & cap table | Tessera Invest | Yes | Yes | Yes |
| Secondary trading | Yes — order book, market making, stop orders | No — external engine required | Limited | Yes — ATS |
| Payments & stablecoin rails | Tessera Pay | No | No | No |
| Prediction markets | Tessera Predict | No | No | No |
| Native Mobile Apps | Yes — iOS and Android, six apps included | Limited | Yes | Limited |
Pricing & Costs
| Feature | Tessera Modern, Cost-Effective, White-Label | Polymath Polymesh Blockchain Platform | Securitize Full-Service STO Platform | tZERO SEC-Regulated ATS |
|---|---|---|---|---|
| Licence | USD 50,000 once — you own the source | Not offered | Not offered | Not offered |
| Setup & rebranding | USD 5,000 — optional, delivered by us | $50K - $100K | $100K+ | Enterprise Only |
| Recurring fee | None | $50K - $100K/year | $150K+/year | $200K+/year |
| Transaction fees | 0% | Varies | 2-5% | Varies |
| Total, year one | USD 55,000, then nothing | $200K+ | $350K+ | $300K+ |
Blockchain & Technology
| Feature | Tessera Modern, Cost-Effective, White-Label | Polymath Polymesh Blockchain Platform | Securitize Full-Service STO Platform | tZERO SEC-Regulated ATS |
|---|---|---|---|---|
| Blockchain Networks | 9 (ETH, Polygon, BSC, Arbitrum, Optimism, Avalanche + 3 testnets) | 1 (Polymesh only) | 2-3 (ETH, Polygon) | 1-2 (ETH primary) |
| Token Standards | 5 (ERC-20, ERC-3643, ERC-1400, ERC-721, ERC-1155) | ERC-1400 focus | Limited | Proprietary |
| Backend runtime | NestJS 11 today + Rust engine in migration — both included | Legacy stack | Proprietary | Proprietary |
| Web stack | Next.js 16, React 19, TypeScript 5.7 | Legacy stack | Proprietary | Proprietary |
Platform Features
| Feature | Tessera Modern, Cost-Effective, White-Label | Polymath Polymesh Blockchain Platform | Securitize Full-Service STO Platform | tZERO SEC-Regulated ATS |
|---|---|---|---|---|
| Custodial Wallets | Yes — AES-256-GCM, automated | Yes | Yes | Yes |
| Multi-Currency Support | 6 fiat (USD, EUR, GBP, CHF, JPY, MUR) | Limited | USD primary | USD primary |
| Languages | 8 (EN, FR, ES, DE, MFE, ZH, AR, RU) | English only | English primary | English only |
| Automated Market Making | Yes — configurable strategies | No | No | Limited |
Compliance & Security
| Feature | Tessera Modern, Cost-Effective, White-Label | Polymath Polymesh Blockchain Platform | Securitize Full-Service STO Platform | tZERO SEC-Regulated ATS |
|---|---|---|---|---|
| KYC Integration | Sumsub + internal provider | Third-party | Integrated | Integrated |
| SOC 2 / ISO 27001 | Architecture Ready | Yes | Yes | Yes |
| GDPR Controls | Yes | Partial | Yes | Partial |
| Immutable Audit Logs | Yes — append-only, hash-chained | Yes | Yes | Yes |
| OFAC Screening | Yes — integrated screening | Optional | Yes | Yes |
Deployment & Control
| Feature | Tessera Modern, Cost-Effective, White-Label | Polymath Polymesh Blockchain Platform | Securitize Full-Service STO Platform | tZERO SEC-Regulated ATS |
|---|---|---|---|---|
| Source code ownership | Yes — perpetual, USD 50,000 | No | No | No |
| White-Label | 100% (Your brand only) | Co-branding often required | Limited | No |
| Self-hosted deployment | Yes | No | No | No |
| Data sovereignty | Yes | No | No | No |
| Fireblocks Integration | Yes — native, three custody modes | No | Yes | Limited |
| Additional integrations included | Yes | Extra cost | Extra cost | Extra cost |
| Time to Launch | 2–4 weeks with our setup service | 12-16 weeks | 16-24 weeks | 20+ weeks |
Use Case Analysis
See which platform wins in real-world scenarios.
Regional Bank Launching Digital Securities
Needs multi-currency support, data sovereignty, and regulatory compliance
Tessera: On-premise deployment, 6 fiat currencies, full data control, 70% cost savings
Real Estate Tokenization Platform
Requires NFT support, multi-phase offerings, and visual project showcases
Tessera: ERC-721/1155 support, token offering phases, project management, built-in trading
Multi-Asset Issuance — Tessera Invest
Needs French/Arabic languages, multi-currency, low-cost deployment
Tessera: 8 languages including French/Arabic, MUR currency, $5K/month vs. $150K+/year
Country-Specific Digital Asset Exchange
Requires white-label branding, trading engine, regulatory sovereignty
Tessera: 100% white-label, professional trading engine, self-hosted option for compliance
Cross-Border Payments — Tessera Pay
Needs stablecoin settlement, fiat on- and off-ramps, an exact-integer ledger and sanctions screening on every leg
Tessera Pay: double-entry ledger in minor units, on-chain transfer engine, custodial and self-custody wallets, OFAC screening at the transfer gate.
Event Markets — Tessera Predict
Needs parimutuel pricing, an auditable settlement oracle, geographic gating and a hard separation from the securities book
Tessera Predict: off-chain parimutuel markets on the same ledger, two independent module gates, and a jurisdiction gate that ships disabled by default.
Gold-Backed Stablecoin — Tessera Pay
Needs reserve proof transparency, custodial integration, regulatory compliance, and real-time minting/redemption
Tessera: Fireblocks custody integration, multi-sig workflows for minting, supply cap controls, audit trails, ERC-20/3643 compliance
Corporate Bond Tokenization
Requires investor accreditation checks, transfer restrictions, coupon payment automation, and secondary market trading
Tessera: KYC/AML integration, ERC-3643 transfer restrictions, multi-phase offerings for tranches, built-in trading engine, approval workflows
The part nobody else sells you: the code
Every platform on this page rents you access. Tessera is sold outright. You take delivery of the repository — backend, three web applications, six mobile applications, smart contracts and the deployment reference — and you are free to run it, modify it and keep it when we stop talking.
Tessera, owned
Perpetual source licence
- Full source, perpetual licence
- Run it on your own infrastructure
- Complete data sovereignty
- Both backends included — NestJS and Rust
- Swap custodian or KYC provider yourself
- No vendor lock-in, no renewal
What the licence does not transfer: Operating a securities platform is regulated activity in your jurisdiction. Owning the code does not confer a licence, a permission or a supervisory relationship — those remain yours to obtain, and Tessera is built to be examined by the people who grant them.
The others: access only
Polymath, Securitize and tZERO sell managed access. What none of them transfers to you:
- The source code
- A self-hosted deployment
- Full data sovereignty
- Freedom from vendor lock-in
- The right to modify it
- Integrations you can change yourself
Important: These platforms charge for as long as you use them, and the platform stops being available when you stop paying.
Ready to Switch or Launch?
See why forward-thinking organizations are choosing Tessera for cost, flexibility, and modern technology.