@hashgraph

Hashgraph (formerly Swirlds Labs) is an established enterprise software company building institutional-grade tokenization infrastructure on Hedera technology.

Their flagship products include HashSphere (EVM-compatible private network), Asseto (modular tokenization platform), and CLPR (cross-ledger protocol).

Recently announced partnerships with Mastercard and major institutional clients demonstrate real enterprise traction.

However, this is NOT an early-stage gem—Hashgraph is the core development entity behind the well-known Hedera network, with significant enterprise adoption and institutional backing already in place.

Green flags: Mastercard Crypto Partner Program membership announced August 2026 · Multiple live institutional deployments (Cecabank tokenized deposits, RiskStream property insurance) · Credible technical team with working products across HashSphere, Asseto, and CLPR · Strong enterprise focus on regulated financial institutions and capital markets

Red flags: Already established—core entity behind Hedera, a well-known L1 with years of operation and major enterprise partnerships · Recent X rebrand (July 2024) masks the fact this is Swirlds Labs, the original Hedera development company founded years earlier · Not an early-stage discovery—institutional tokenization platform with existing customer base and Mastercard partnership