Tokenised shares. The token is the share..
Native issuance of digital equity shares — issued directly on the blockchain in jurisdictions where we structure, without the use of nominee companies. Permissioned tokens, regulated administrator, real shareholder rights.
Tokenised shares.
Across a number of jurisdictions in which we structure, and due to our partnership with regulated administrators, we have the ability to issue shares directly in a tokenised format — without the use of nominee companies or beneficial-interest workarounds. The token IS the share. The holder of the token is, on the books of the issuer, a member of the company with all the rights of a shareholder.
These are permissioned tokens — investors are KYC'd and onboarded once, after which their tokens are freely transferable between pre-onboarded investors via permissioned smart contracts. The administrator (our regulated partner) holds operational powers — freeze, force-transfer, dividend distribution — exercisable under documented internal procedures and applicable law.
Where the legal regime in a jurisdiction does not yet permit native tokenised shares, we use a nominee + beneficial-interest structure: our administrator-as-nominee is the legal shareholder, the token represents the beneficial interest under a declaration of trust. Identical investor economics, different legal mechanics underneath.
Built for managers who want to distribute differently.
Founders building secondary liquidity
Want employees, advisors and early investors to trade shares without waiting for an exit. Native tokenised equity makes this clean and compliant.
SPV operators tokenising portfolio positions
Hold equity in private companies via SPVs; want to offer LP exposure on-chain with identity gating and segregated economics per cell.
Private companies modernising the cap table
Tired of stock transfer forms and certificate cancellations. Want a clean digital register and a smart contract that handles transfers, dividends and BO filings automatically.
Four steps from term sheet to live token.
The same structuring path you'd follow for a non-tokenised product, with the smart-contract and identity-registry pieces wired in from the start.
Articles
Adopt amended articles authorising electronic register where the jurisdiction supports it; otherwise apply nominee structure.
Onboard
Existing and new shareholders KYC'd; identity claims issued; administrator verifies.
Mint
Smart contract deployed; initial shareholder positions minted to verified wallets; paper certificates retired where applicable.
Operate
Transfers, dividends, BO filings handled on-chain with off-chain audit mirror at the administrator.
Familiar regulator. Same protections.
Native tokenised shares where the law allows, nominee structures everywhere else
We can issue native tokenised shares in a growing list of jurisdictions where we operate. Where the regime hasn't caught up, our nominee + beneficial-interest structure delivers the same investor experience.
- →Native tokenised shares available in selected jurisdictions where we structure
- →Nominee + beneficial-interest structure available everywhere else
- →Permissioned tokens — investors KYC'd once, tokens transferable between pre-onboarded investors
- →Operational powers (freeze, force-transfer) held by the regulated administrator under documented procedures
Side by side.
| Feature | Paper share certificates | Nominee + beneficial interest | Native tokenised shares |
|---|---|---|---|
| Who is the shareholder | End investor | Administrator nominee | End investor (token holder) |
| Where is the register | Paper | Administrator off-chain | Smart contract on-chain |
| Transfer mechanism | Stock transfer form | Beneficial interest assignment | On-chain, identity-gated |
| Privacy | Names on register | Default privacy (via nominee) | Pseudonymous to public, identified to administrator |
| Availability | All jurisdictions | All jurisdictions | Where the legal regime supports it |
Common questions.
Is the token literally the share?+
In jurisdictions whose company law supports it — yes. The holder of the token is, on the books of the issuer, a member of the company. In other jurisdictions the token represents a beneficial interest in shares held by a regulated nominee — economically identical, different legal mechanics.
What chains do you support?+
Issuance is supported on any chain we work with — including EVM Layer 2s and Ethereum Layer 1 by default. Other chains by arrangement. Tokens are issued under permissioned smart contracts.
What happens on lost keys?+
The administrator holds a force-transfer power on the smart contract, exercisable on production of executor's grant for a deceased holder, court order, or the administrator's internal approval matrix for documented lost-key cases with identity reconfirmation.
How do dividends work?+
Push-style by default — administrator distributes pro-rata to all holders of record at a snapshot block, via stablecoin or fiat distribution leg.
What about court orders and sanctions?+
The administrator holds freeze and force-transfer powers. Exercising those powers is a regulated act with documented internal escalation.
Related solutions.
Launch tokenised shares in weeks.
Tell us about the use case — we'll come back to you with a structuring path, an administrator estimate, and a timeline.
Apply to issue →