STO Development Companies: Top Picks, Services, and Costs Explained

Security Token Offerings (STOs) are redefining how modern businesses raise capital by merging the benefits of blockchain with regulatory safeguards. From asset tokenization to programmable compliance, STOs provide a secure, transparent, and legally sound fundraising solution.

In 2024, the global tokenization market was valued at $ 3.32 billion and is projected to reach over $12.83 billion by 2032. This signals rapid institutional interest and adoption. Additionally, security token trading volume exceeded $60 billion in 2024, reflecting increased demand for regulated digital assets. Choosing the right STO development company is essential to navigating this complex landscape. With the right partner, businesses can unlock new investment opportunities, ensure compliance with jurisdictional regulations, and build scalable digital asset ecosystems tailored to their financial goals.

In this guide, we will dive into the types of security tokens, the benefits of STO development, key evaluation criteria for selecting a service provider, and the top-rated firms leading the industry in 2025.

What is a Security Token Offering?

A Security Token Offering (STO) is a fundraising mechanism that issues blockchain-based tokens representing ownership of real-world assets. These tokens fall under securities regulations and provide investors with rights such as equity, dividends, or revenue shares.

In contrast to ICOs, STOs are designed to comply with regulatory frameworks, offering increased transparency and investor protection. Through smart contracts and distributed ledger technology, STOs streamline fundraising and secondary trading, ensuring secure, verifiable, and automated transactions.

Types of Security Tokens

Security tokens come in various forms, each tailored to represent a different financial right or interest. As regulatory clarity and token standards evolve, businesses can leverage these token types to access new liquidity channels and improve operational efficiency.

1. Equity Tokens 

Equity tokens represent shares in a company, granting holders rights akin to traditional equity—such as voting power and dividend entitlements. Issued on a blockchain, these tokens provide a verifiable and immutable record of ownership, making them suitable for regulated markets. They also simplify processes like shareholder management and cap table maintenance.

2. Debt Tokens

Debt tokens are digital representations of borrowed funds, often structured as bonds or loans. These tokens allow businesses to raise capital with transparent repayment terms and interest obligations. Issuers benefit from reduced administrative overhead, while investors enjoy increased access to fixed-income products with blockchain-level security.

3. Real Estate Tokens 

Real estate tokens digitize ownership in physical property, enabling fractional investment in commercial or residential assets. This model expands investor access and enhances liquidity in a traditionally illiquid market. With smart contracts managing everything from rent distributions to governance, token holders experience simplified asset interaction.

4. Asset-Backed Tokens

Asset-backed tokens are tied to tangible assets like gold, art, or commodities. These tokens offer stability and value correlation, which are particularly attractive in volatile market conditions. By anchoring digital assets to real-world value, issuers can appeal to investors seeking secure and diversified portfolios.

5. Revenue Sharing Tokens 

Revenue sharing tokens entitle holders to a portion of a business’s future earnings. These are ideal for startups or platforms with ongoing cash flow, offering investors a performance-based return model. This structure aligns stakeholder incentives and introduces innovative paths for growth-stage funding.

Why Choose STO Development for Your Business? 

The rise of STOs represents a powerful shift toward democratized, transparent, and regulatory-compliant capital raising. By embracing tokenization, businesses diversify their investor base, unlock new revenue channels, and modernize asset management.

1. Enhanced Liquidity Through Tokenization 

Security tokens enable assets—especially traditionally illiquid ones like real estate or private equity—to be traded on digital platforms. This improves liquidity by opening investment access to a broader market, making it easier for businesses to raise funds and for investors to enter or exit positions efficiently.

2. Fractional Ownership Opportunities 

STO development facilitates the division of high-value assets into smaller, tradable units. This allows a broader pool of investors to participate by purchasing fractional ownership. It reduces entry barriers, enhances accessibility, and attracts capital from retail and institutional investors who may not afford full ownership stakes.

3. Buyback Rights 

Security tokens can be programmed with buyback features that enable issuers to repurchase tokens under predefined conditions. This builds investor trust, adds an element of control over circulating supply, and supports price stability. It also gives businesses strategic flexibility to manage token economics over time.

4. Automated Compliance and Reduced Costs 

STOs use smart contracts to enforce regulatory compliance automatically, reducing the administrative burden and legal costs associated with traditional fundraising. Built-in KYC/AML and investor eligibility checks ensure only qualified participants engage, helping businesses meet jurisdictional standards while streamlining issuance, tracking, and reporting processes.

5. Innovative Fundraising Models 

STO development introduces flexible fundraising structures tailored to investor needs and regulatory requirements. Businesses can design tokens to reflect equity, debt, or revenue-sharing models. This adaptability enables issuers to attract diverse funding sources while ensuring compliance, transparency, and long-term investor alignment with project objectives.

Factors to Consider in Choosing an STO Development Company

Choosing the right STO development firm is essential for ensuring regulatory compliance, robust technical infrastructure, and investor trust. Here is how to choose the STO development company that’s ideal for you:

1. Experience and Expertise 

A company’s experience in blockchain and STO development is critical in ensuring project success. Look for teams with a solid track record of delivering compliant token offerings across sectors. Their familiarity with evolving regulations and token standards is vital to navigating complex legal and technical landscapes effectively.

2. Client Reviews and Ratings 

Client feedback provides insight into a company’s reliability, work ethic, and quality of service. Check independent review platforms like Clutch or GoodFirms to evaluate testimonials, case studies, and satisfaction scores. Consistently positive reviews are indicators of credibility, transparency, and the ability to deliver high-value STO solutions.

3. Technical Skills 

An ideal STO development company must demonstrate deep technical knowledge across smart contracts, blockchain protocols, wallet integration, KYC/AML automation, and regulatory frameworks. Evaluate their proficiency in coding languages like Solidity or Rust and their adaptability to emerging technologies relevant to secure, scalable STO infrastructure.

4. Communication and Collaboration 

Effective collaboration depends on transparent communication. Choose a company prioritizing regular updates, feedback loops, and proactive problem-solving. Multichannel accessibility—via email, messaging platforms, or virtual meetings—is also essential to ensure alignment on timelines, goals, and compliance checkpoints throughout the STO project lifecycle.

5. Project Management Approach 

A disciplined project management framework—such as Agile or Scrum—ensures timely execution and adaptability during STO development. Review their planning, milestone tracking, testing cycles, and deployment methods. For instance, token development companies that assign dedicated managers and follow structured delivery models typically deliver projects with higher accuracy, efficiency, and accountability.

Top 10 STO Development Companies

Partnering with a reliable STO development company accelerates your project and ensures compliance from the start. Here are ten leading STO Development companies that consistently deliver secure, scalable, and regulator-ready STO solutions:

1. Debut Infotech

Founded in 2011 by Daljit Singh and Gurpreet Singh, Debut Infotech has carved a niche for itself in the global tech landscape. With its headquarters in Mohali, India, and an operational footprint in Chicago, USA, along with a growing presence in the UK and Canada, the company has steadily expanded its reach across borders. As a result, it has delivered cutting-edge blockchain innovations that effectively cut across industries and use cases.

Over the years, Debut Infotech has not only gained industry recognition but has also teamed up with prominent players like Ifinca, IntegraLedger, and Digipharm. Through these collaborations, the company has consistently raised the bar for decentralized solutions in terms of scalability, security, and impact.

Services: 

Debut Infotech, a top STO development company, offers a full suite of blockchain and stablecoin development services, including Security Token Offering (STO) development, smart contract engineering, and decentralized application (dApp) development. In addition to its blockchain expertise, the company’s capabilities also span across mobile and web app development. This breadth of services enables clients to tap into holistic, end-to-end digital transformation solutions that align with evolving market needs.    

Key Points:

• Years of Experience: 13
  
  
• Number of Employees: 250+
  
  
• Projects Completed: 100+
  
  
• Hourly Rate: $12–30/hr
  
  
• Clutch Rating: 4.8/5
  
  
• Reputed Patrons: ifinca, IntegraLedger, and Digipharm

2. SoluLab

Established by Chintan Thakkar and Rajat Lala, SoluLab operates from Los Angeles, USA, with additional offices in New York, Canada, Australia, and India. The company has delivered over 150 digital solutions, serving over 500 clients worldwide.

Services: 

SoluLab specializes in blockchain development, offering services like STO development, smart contract creation, and Web3 solutions. Their portfolio also includes AI development, NFT marketplace creation, and metaverse development.

Key Points:

• Years of Experience: 10+
  
  
• Number of Employees: 250+
  
  
• Projects Completed: 150+
  
  
• Hourly Rate: $12–30/hr
  
  
• Clutch Rating: 4.8/5
  
  
• Reputed Patrons: Fortune 500 companies, various startups

3. LeewayHertz

Founded in 2007 by Akash Takyar, and headquartered in San Francisco, LeewayHertz is a leading blockchain development firm with a global client base. The company has completed over 100 projects across the U.S., Europe, and Asia. It has worked with Fortune 500 companies, startups, and public institutions, including industry giants like Siemens, 3M, and P&G.

With their cross-industry experience,  they can help to address unique business challenges through custom blockchain solutions.

Services: 

LeewayHertz offers blockchain development services, including STO & IEO development, smart contract creation, and dApp development. Their expertise also encompasses AI, IoT, and cloud solutions.

Key Points:

• Years of Experience: 15+
  
  
• Number of Employees: 200+
  
  
• Projects Completed: 160+
  
  
• Hourly Rate: $12–30/hr
  
  
• Clutch Rating: 4.9/5
  
  
• Reputed Patrons: Siemens, 3M, P&G

4. Blockchain App Factory

Established in 2017, Blockchain App Factory is headquartered in Chennai, India. The company has served clients in over 30 countries, completing more than 700 projects.

Services: 

Blockchain App Factory provides end-to-end blockchain solutions, including STO development, NFT marketplace creation, and crypto exchange development. They also offer AI and Web3 solutions.

Key Points:

• Years of Experience: 8
  
  
• Number of Employees: 500+
  
  
• Projects Completed: 700+
  
  
• Hourly Rate: $12–30/hr
  
  
• Clutch Rating: 4.7/5
  
  
• Reputed Patrons: MintySwap, DSFR, Zircap

5. Antier Solutions

Founded in 2011 by Vikram R Singh, Antier Solutions is based in Mohali, India. The company has expanded its services globally, partnering with organizations like Skoda Auto India and the Punjab State AIDS Control Society.

Services: 

Antier Solutions specializes in blockchain development, offering STO development, DeFi solutions, and NFT marketplace creation. They also provide enterprise blockchain solutions and crypto wallet development.

Key Points:

• Years of Experience: 14
  
  
• Number of Employees: 200+
  
  
• Projects Completed: 300+
  
  
• Hourly Rate: $12–30/hr
  
  
• Clutch Rating: 4.8/5
  
  
• Reputed Patrons: Skoda Auto India, Punjab State AIDS Control Society

6. Infinite Block Tech 

Founded in 2014, Infinite Block Tech is based in Hyderabad, India, with international reach in Singapore and the U.S. The company has delivered more than 120 blockchain projects, including STO platforms, DeFi apps, and smart contract solutions.

Known for affordability and fast delivery, it offers end-to-end STO development, including token issuance, legal consulting, and investor dashboards. The team has successfully served industries like healthcare, finance, and entertainment with tailored digital asset strategies that comply with jurisdictional standards.

Services: 

Infinite Block Tech offers comprehensive blockchain solutions, including STO development, NFT marketplace creation, and DeFi platform development. Their services also encompass smart contract development and real estate tokenization.

Key Points:

• Years of Experience: 7+
  
  
• Number of Employees: 170+
  
  
• Projects Completed: 450+
  
  
• Hourly Rate: $12–30/hr
  
  
• Clutch Rating: 4.6/5
  
  
• Reputed Patrons: Various startups and enterprises

7. OptimusFox

OptimusFox is a blockchain development company focused on delivering secure and scalable solutions. They have collaborated with clients across various industries, providing tailored blockchain services.

Services: 

OptimusFox offers STO development, smart contract creation, and blockchain consulting services. Their expertise extends to NFT development and enterprise blockchain solutions.

Key Points:

• Years of Experience: 5+
  
  
• Number of Employees: 50+
  
  
• Projects Completed: 100+
  
  
• Hourly Rate: $12–30/hr
  
  
• Clutch Rating: 4.7/5
  
  
• Reputed Patrons: Various SMEs and startups

8. Vegavid Technology

Vegavid Technology, founded in 2019 and headquartered in Noida, India, specializes in blockchain, AI, and fintech development. The firm has completed over 80 projects in North America, the UAE, and Southeast Asia. With a client-first mindset, the company ensures all STO solutions meet security, scalability, and compliance benchmarks critical to digital asset offerings.

Services: 

Vegavid offers STO development, NFT marketplace creation, and metaverse development. Their services also include digital marketing and enterprise software development.

Key Points:

• Years of Experience: 6+
  
  
• Number of Employees: 100+
  
  
• Projects Completed: 180+
  
  
• Hourly Rate: $12–30/hr
  
  
• Clutch Rating: 4.6/5
  
  
• Reputed Patrons: Various SMEs and startups

9. Crypton Studio LLC

Established in 2015 and headquartered in Riga, Latvia, Crypton Studio LLC focuses exclusively on custom blockchain solutions. With over 120 completed projects, it serves fintech, healthcare, and real estate sectors globally. The team delivers full-cycle STO development, including token architecture, investor platforms, and legal compliance tools.

Their decentralized applications and token launch services are backed by strong technical architecture. Crypton Studio’s commitment to long-term support and transparent development has made it a trusted partner for scalable STO solutions.

Services: 

Crypton Studio offers full-cycle blockchain development, including STO development, DeFi solutions, and NFT marketplace creation. They also provide team augmentation and educational programs.

Key Points:

• Years of Experience: 9
  
  
• Number of Employees: 150+
  
  
• Projects Completed: 100+
  
  
• Hourly Rate: $12–30/hr
  
  
• Clutch Rating: 4.8/5
  
  
• Reputed Patrons: Decimal, Samurai, Workquest

10. Oodles Blockchain

Oodles Blockchain is a division of Oodles Technologies, headquartered in Gurugram, India. Since its inception, it has built a strong global presence by delivering advanced blockchain solutions tailored for industries such as supply chain, finance, healthcare, and gaming. The company has successfully completed over 700 projects, earning recognition for its depth in Web3 and decentralized systems.

Services: 

Oodles specializes in STO development, smart contract engineering, crypto wallet creation, meme coin development, and NFT marketplace development. The team also offers enterprise blockchain integration, metaverse development, and DeFi solutions, making them a comprehensive partner for blockchain innovation.

Key Points:

• Years of Experience: 10+ 
  
  
• Number of Employees: 200+ 
  
  
• Projects Completed: 800+ 
  
  
• Hourly Rate: $12–30/hr 
  
  
• Clutch Rating: 4.7/5 
  
  
• Reputed Patrons: BMW, John Deere, Videocon 

Conclusion

STO development is no longer a niche solution. Instead, it has become a strategic payment launchpad gateway for businesses aiming to modernize capital formation. By selecting a reliable STO development company, organizations gain access to tailored token models, automated compliance, and advanced blockchain infrastructure.

As demand for transparency and liquidity grows, STOs offer an ideal route for future-ready fundraising. Even if you’re a startup exploring tokenized equity or an enterprise aiming to digitize assets, aligning with an experienced development partner will be key to launching a successful, compliant, and scalable STO in this digital economy.

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