Goldman Sachs, Wells Fargo and Morgan Stanley called tokenisation a growth opportunity on their third quarter earnings calls, while Deutsche Bank Research framed it as a modernisation of existing intermediaries. None described a product for private company shares.

A forward looking, practical guide to tokenised cap tables for founders and investors, covering what they record, the benefits, the downsides and the steps to adopt one.

Six months after a poll of UK founders and investors on equity tokenisation, the plumbing has arrived but the case studies have not. Who is ready, who should wait, and what comes next.

Tokenised startup equity combined with PISCES, whose FCA rules were published on 10 June 2025, could give family offices a controlled way to sell part of a stake before a company is sold or listed. SEIS holding rules still set the pace.

The joint venture between OKX and the New York Stock Exchange's owner has told the SEC it plans a 24/7 venue for tokenised US shares, with a 30-day objection window before trading can start.

For the first time a public lending market has priced a tokenised share as security rather than as a holding. The terms it set are the most concrete answer yet to what a tokenised equity is actually worth.

The commissioner who designed the five-year exemption for tokenised share trading announced her departure on 25 September 2026. It leaves a two-member Commission holding a temporary permission that no trading venue has yet used.

The exchange has found a distribution partner for a trading venue it has not yet launched. The agreement is an intention rather than a product, and the UK is not named in it.

An SEC lawyer has put a rough date on when tokenised share trading starts in the United States, and a commissioner has set out the one control companies have over it.

Since 19 January 2026, UK private companies can raise £5m or more from a broad group of investors without a prospectus, through an FCA-authorised public offer platform. How the route works, what the platform must check, and the open question on tokenised shares.

Institutions that already hold a US share can now hand it over and receive Ondo's token for it, or return the token and get the share back, without any cash changing hands. The ability to redeem a token for the real share is what keeps the token's price close to the share's, which makes this a question every builder of tokenised equity has to answer.

Securitize and Socios.com, the fan engagement platform owned by Chiliz Group, announced a partnership on 2 September to develop regulated tokenised equity offerings representing minority stakes in professional sports teams, under the new Socios Equity Token category that Chiliz unveiled in late Augu

Coinbase has gone live with tokenised US stocks on its own Base network, starting with Apple, Nvidia, Meta and Alphabet, in a move that pushes one of the world's largest crypto exchanges further into the race to bring listed equities onchain. For UK founders and platforms watching how regulated toke

A profitable digital asset exchange putting its own shares onto a blockchain is a small operational milestone dressed up as a big signal, and this week Bullish gave UK founders watching the tokenised equity space a live example of what eating your own cooking looks like at listed company scale.

For founders and investors in the UK watching how tokenised equity infrastructure matures elsewhere, a partnership announced on 8 July between two US tokenisation specialists offers a useful signal. The biggest obstacle to broker dealer adoption has rarely been the technology. It has been the regula

For anyone in the UK still weighing whether tokenised equity is a real market or a slide in a pitch deck, the past week offered a concrete answer. On 2 July, Securitize began trading on the New York Stock Exchange under the ticker SECZ, and on the same day it made its own newly listed shares availab

The most important word in the tokenisation story this week was not price or listing. It was voting. On 2 July, Ondo Finance and Broadridge Financial Solutions launched what they describe as the first live third party tokenised US securities operating fully within the existing regulatory perimeter,

A dental technology company has put its shares on Solana through a Regulation S offering, and the UK adviser on the deal hints at where private capital formation is heading.

Picture a founder building a credible, growing company somewhere outside the M25, with real revenue and no warm introduction to a single London fund. The product works. The numbers stand up. What is missing is not ambition or quality. It is access: to the right investors, on reasonable terms, withou

18 May 2026 | Category: LAW, REGULATION, POLICY