Three operators are now live, a handful of household name private companies have run their first trading events, and the regulatory sandbox has five years left to run. On paper, PISCES looks like a UK reform that is working. Look at what the lawyers advising the companies actually running these even

Ten of Europe's largest financial institutions switched on a shared blockchain network for regulated markets on 28 July, and a UK bank is already circling the door.

If you have only been half following the tokenisation story this summer, here is the honest picture: it has stopped being a niche conversation and become the story in UK fintech and startup finance. In just four months TokenisingStartups.com has published more than 145 news stories, briefings and analysis pieces tracking exactly how that shift is happening, and the pace is still accelerating. Backed by the lawyers who are actually writing the rulebook We are pleased to have i

As the equities markets are generally moving towards tokenisation, a common question is how the marketing of tokenised equity differs from traditional equity. In this respect, it is a mistake to focus on the “tokenised” element of tokenised equity. In the UK, tokenisation does not, from a purely legal analysis, expand the target market to whom shares can be sold. Where a token represents rights to, or interests in, an underlying share, it is very likely going to be treated as

For founders and investors. If you are a founder weighing up whether to tokenise your equity, or an investor trying to work out what you would actually be buying, this is the place to start. From a legal perspective, it covers: how tokenised equity works, what changes, what does not, and where the rules are heading. Tokenisation is a concept often met with much hype and little knowledge. At its core it is simple. A cryptoasset token is just shorthand for data held on-chai

An RWA, or real world asset, is a cryptoasset that represents something that exists off the blockchain: a share, a bond, a building, even a stock of uranium. The idea has been around for a decade, but in recent months it has moved to the centre of the conversation. That is partly new use cases with real value, such as tokenised uranium, which allows investment without ever taking delivery. It is partly better infrastructure, such as stablecoins making settlement more reliab

On 1 July 2026, the EU's transitional window for crypto-asset service providers closes. With one month remaining, the headlines have focused on platforms scrambling for licences and stablecoins being delisted. If you are a founder exploring equity tokenisation, or an investor who has backed a company doing so, you may have read those pieces and wondered whether any of it is actually about you. The answer depends on where you sit. If You Are a Founder The most useful thing

The legal case unfolding in a London court between the founder of Cognism and five of its investors, including Balderton Capital and AVP Capital, would be notable at any time. A court hearing this week appears to have dealt an early blow to the investor defendants, according to reporting from Sifted

In a courtroom in London, a judge has determined that a startup founder's claims against five of his former investors carry a real prospect of success. It is a procedural ruling, not a final verdict. But for founders who have faced pressure from their backers, the Cognism case is already one of the

18 May 2026 | Category: LAW, REGULATION, POLICY

A leading global law firm has laid out the structural design problems facing tokenised private fund interests. The UK is now solving the same problems, faster, with a regulator that has just published the rules.

Understanding Token Ownership in Digital Equity: Insights from the UKJT Report. Tokenised equity is reshaping how companies raise capital and how investors hold shares. Yet, a pressing question remains: if something goes wrong, who actually owns the token? This article explores the key insights from that report and what founders and investors need to understand about token ownership under English law.

Raising capital is one of the most critical challenges for startups. Founders face many choices, from traditional equity fundraising to newer token-based models. Each approach has unique benefits and risks. Understanding how equity fundraising, SAFEs, revenue-based financing, and tokenisation work can help founders build a funding strategy that fits their business goals and market realities.