We’re thrilled to introduce IOWN, an Ethereum Layer 2 blockchain that’s set to change the game for Real World Assets (RWAs). Backed by Malaysia’s Labuan Financial Services Authority (Labuan FSA), IOWN is designed to make assets like real estate, commodities, and stocks accessible to people in emerging markets. This isn’t just about tech—it’s about democratizing ownership and creating real financial empowerment.
As our CEO, Mohammad Raafi Hossain, said at a recent event hosted by the Malaysia International Islamic Finance Centre (MIFC) and the UK Business Forum: "Our mission is to make financial inclusion a universal right, not a privilege. IOWN is a major step toward bringing new opportunities to emerging markets. With IOWN, blockchain isn’t just about tech—it’s about closing the global economic gap and ensuring everyone can benefit from the digital economy."
We’re delivering on that promise with IOWN. With our "30 by 30" plan, we’re set to help 30 million people become asset owners by 2030. IOWN is the secure, decentralized, and affordable solution that’s making it happen.
What really sets IOWN apart? It’s built with inclusion in mind, especially for emerging markets. And we’re not stopping there. IOWN is set to be the go-to blockchain for all Web3 Islamic finance projects through Labuan’s Islamic Digital Assets Center (IDAC). We’re bringing cutting-edge blockchain technology to Islamic finance, paving the way for serious growth.
With regulatory approvals and partnerships across many countries including UAE, Indonesia, Malaysia, and Türkiye, IOWN is ready to go global. We’re not just building another blockchain—we’re creating a pathway for millions to own and invest in the global economy.
About Fasset
Fasset is here to redefine how the world invests. With a mission to make secure, global investing accessible to everyone, we’re bridging the gap between traditional finance and the digital economy. Co-founded by visionary leaders Mohammad Raafi Hossain and Daniel Ahmed, Fasset has raised $26.7 million in funding and secured top-tier regulatory approvals. With full authorizations from Malaysia’s Labuan FSA and a VASP license from Dubai’s VARA, we’re taking digital assets global—empowering both everyday people and institutional investors to tap into new financial opportunities.
About Labuan Financial Services Authority (Labuan FSA)
Labuan FSA has been shaping the future of finance since 1996, overseeing the Labuan International Business and Financial Centre (Labuan IBFC) with a focus on innovation and compliance. As the regulatory backbone of one of Asia’s leading financial hubs, Labuan FSA ensures that all licensed entities meet international standards, driving growth while maintaining order. From cutting-edge policies to world-class oversight, Labuan FSA is paving the way for a secure, regulated financial future.
Source - Fasset.io
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