What is tx?
tx is a US-based tokenization project formed in March 2026, when the Coreum blockchain and the Sologenic tokenization platform merged into one network and one token. The chain, an upgraded version of Coreum, is built for issuing and trading tokenized stocks and other real-world assets. TX pays transaction fees, is staked to secure the network and is used to vote on governance proposals.
Utility Lens
What tx actually does
Provides a blockchain and marketplace for issuing, distributing and trading tokenized stocks and other real-world assets, with regulated steps handled by licensed partners.
- Real-world usage
- earlyThe chain and staking are live, but tx's marketplace and issuer tools were still marked 'coming soon' in October 2026.
- Token necessity
- integralTX pays fees, secures the chain through staking and carries governance votes, though tokenized assets could be issued on other chains.
- Decentralization
- limitedValidators run the chain and vote on changes, but the merger was led by the two foundations and their developers, and the combined treasury sits in a TX Foundation multisig.
- Track record
- developingThe underlying Coreum chain launched in 2023 and the TX token in March 2026; we found no reported protocol hack.
What it’s used for
Today people mostly stake TX with validators, vote on proposals and trade the token. The project's marketplace for buying tokenized assets from a wallet, and its tools for asset issuers, are marked 'coming soon' on tx.org as of October 2026, though the site already lists launch partners such as US broker-dealer Texture Capital. Developers can build on the chain with smart tokens and smart contracts.
Role of the TX token:
Evidence of real use
- Coreum's on-chain Proposal #29, submitted in February 2026, proposed merging Coreum and Sologenic into TX, converting COREUM to TX one-for-one, and passed. Source (opens in a new tab)
- The two foundations said the merger vote passed with 87.22% voting yes. Source (opens in a new tab)
- tx says TX has a genesis supply of about 1.9 billion tokens plus a separate 100 billion TX of Proof of Support Emissions, released monthly to stakers over 84 months. Source (opens in a new tab)
- Proposal #30 cut staking inflation to about 3.5% of circulating supply and projects total supply of about 110 billion TX after seven years. Source (opens in a new tab)
- In January 2024 Coreum launched an ISO 20022 simulator and invited selected financial institutions into a pilot program. Source (opens in a new tab)
ISO 20022: claim vs. reality
- What’s documented
- tx has documented ISO 20022 work. In January 2024 Coreum launched an ISO 20022 simulator and invited selected financial institutions into a pilot program. tx's documentation now describes the chain as having 'ISO20022 compatibility', and its vision paper says the network supports ISO 20022 financial messaging so bank systems can connect to it. We found no published results from the pilot, and neither Coreum nor tx appears on the ISO 20022 Registration Management Group member list.
- What you’ll hear online
- TX (formerly Coreum) is an ISO 20022-compliant blockchain, so banks will have to use it.
- Reality check
- ISO 20022 is a bank messaging standard; it does not certify or endorse any cryptocurrency, and the official ISO 20022 site says cryptocurrencies are not inherently compliant. Software built around a blockchain can read and write ISO 20022 messages, as Coreum's simulator does, but that is an integration feature any project can build, not a seal of approval, and it does not require anyone to hold TX.
How tx works
tx runs on what used to be the Coreum blockchain, a proof-of-stake network in the Cosmos ecosystem that launched in 2023. In early 2026 the Coreum and Sologenic foundations proposed merging the two projects. Sologenic, founded in 2020, ran tokenization and trading products. After token holders approved the plan, a chain upgrade on March 6, 2026 renamed COREUM to TX one-for-one. SOLO holders swapped at a fixed ratio based on 30-day average prices, and the two treasuries moved into a TX Foundation multisig.
The chain's main building block is the 'smart token', a token type built into the protocol itself. Issuers can give a smart token rules such as whitelists, freezing or clawback without writing a separate smart contract, which suits regulated assets. The network also has a built-in order-book exchange, supports CosmWasm smart contracts, and connects to other Cosmos chains through IBC and to the XRP Ledger through a bridge.
On top of the chain, tx Labs, a US company, is building a marketplace where people could trade tokenized US stocks and other assets from a wallet. tx says regulated steps are carried out only by licensed partners, and it names Texture Capital as a US broker-dealer partner. TX holders stake with validators to secure the network, pay fees in TX and vote on governance proposals.
Key moments
- 2023The Coreum blockchain launches.
- 2024Coreum launches an ISO 20022 simulator and invites selected financial institutions into a pilot program.
- 2026Coreum Proposal #29 to merge Coreum and Sologenic into TX passes in February with 87.22% yes votes.
- 2026The v6 chain upgrade on March 6 converts COREUM to TX, and Proposal #30 cuts staking inflation to about 3.5%.
Supply
TX started with a genesis supply of about 1.9 billion tokens, created by converting COREUM one-for-one and SOLO at a fixed ratio. A further 100 billion TX of Proof of Support Emissions were minted at launch but stay locked, released monthly over seven years to people who keep their TX staked. Staking inflation of about 3.5% of circulating supply comes on top, and Proposal #30 projects total supply of about 110 billion TX after seven years.
Risks to understand
- Heavy dilution: planned emissions are many times larger than the 1.9 billion genesis supply, with total supply projected at about 110 billion TX after seven years.
- Unlaunched products: tx's marketplace and issuer tools were still 'coming soon' in October 2026, so demand for the chain is unproven.
- Concentrated control: the merger was led by the foundations and their developers, and the treasury sits in a foundation multisig.
- Limited disclosure: Uphold's asset statement warns that neither the TX community nor its founding team is legally required to publish material information about the project.
- ISO 20022 hype: Coreum's ISO 20022 tools are a messaging feature, not an endorsement, and do not create demand for TX on their own.
tx FAQ
Is TX the same as Coreum?
Yes, in effect. TX runs on the upgraded Coreum blockchain, and COREUM balances were converted to TX one-for-one on March 6, 2026; Sologenic's SOLO token was also folded in.
What is TX used for?
TX pays transaction fees, is staked with validators to secure the network and is used to vote on governance proposals.
Is TX an ISO 20022 coin?
Coreum built an ISO 20022 simulator and pilot, and tx says the chain supports ISO 20022 messaging. That is a real integration feature, but ISO 20022 does not certify any cryptocurrency.
What are Proof of Support Emissions?
A pool of 100 billion TX created at launch and released monthly over seven years to people who keep their TX staked.
Sources
- Proposal #29: Proposed Migration to TX (opens in a new tab) — TX Blockchain Explorer
- Proposal #30: Staking Rewards Optimization Proposal (opens in a new tab) — TX Blockchain Explorer
- Sologenic to Join tx: Token Generation, Migration, and Proof of Support Emissions (opens in a new tab) — tx (Medium)
- Sologenic and Coreum Communities Join tx as Part of a Unified RWA Ecosystem (opens in a new tab) — GlobeNewswire
- Transforming Corporate Finance: Coreum Launches ISO20022 Blockchain Solutions (opens in a new tab) — Newsfile
- TX Vision Paper (opens in a new tab) — tx
- tx (TX) price and crypto asset statement (opens in a new tab) — Uphold
- Frequently asked questions: ISO 20022 and cryptocurrencies (opens in a new tab) — ISO 20022 Registration Authority
Last reviewed October 20, 2026. Written by Dave McNaught. Utility Lens ratings are editorial judgments, not investment advice. Market data from CoinGecko. Spot an error? Request a correction.

