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The UK’s home for tokenised equity. Independent news, insight and resources for founders raising capital, investors deploying it, and the firms supporting both — as the regulation, infrastructure and opportunity converge.


Moneybox Hits £800m Valuation in Landmark PISCES Staff Share Sale
For UK founders weighing how to reward long serving staff without forcing a sale or an IPO, Moneybox has just supplied a fresh data point, and a useful one, because it is the first British fintech to put real numbers behind the answer.
Shawn Jhanji
7 hours ago4 min read


Starling Bank to Cut 130 Jobs as AI Restructuring and Falling Profit Reshape a Flagship UK Fintech
One of Britain's best known fintech names is trimming its workforce, and the reason it gives says a good deal about where the sector is heading. Starling Bank is cutting about 130 jobs, roughly three per cent of a workforce of more than 4,000 people, as it restructures its banking and technology tea
Shawn Jhanji
Jul 62 min read


Getting into a startup takes seconds. Getting out can take a decade
Equity crowdfunding made a simple promise: ordinary people could back a young company early, alongside the founders, and share in what it became. Monzo is the poster child. One early round filled in 96 seconds. In December 2018 the bank raised about £20m from roughly 36,000 people. Buying in was effortless, a few taps in an app.
Getting out is the part nobody designed for.
Most crowd investors do not sit directly on a company's share register. They invest through a nomi
Shawn Jhanji
Jul 33 min read


Wayve Files an $85m Employee Share Sale on London's PISCES, the First Big Test of Britain's Private Market
For years the frustration voiced by British founders and the people who build alongside them has been the same. You can grow a company worth billions in London and still find that nobody who helped create that value can realise any of it, short of selling to an overseas buyer or waiting out an IPO t
Luca Bellavita
Jul 35 min read


The PISCES Fee Holiday Ends on 1 July. Here Is What the First Real Price on Private Share Trading Tells UK Founders
On 30 June, something quietly ends for anyone who owns shares in a private British company. Until that date, trading those shares on the London Stock Exchange's Private Securities Market, the venue built under the UK's new PISCES regime, costs nothing in transaction fees. From 1 July, the first real
Shawn Jhanji
Jun 305 min read


Onpharma Launches First Solana Equity Token Offering for a Real Business
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.
Shawn Jhanji
Jun 233 min read


Four Exchanges Refund $1bn After SpaceX Token Scramble
The first big test of tokenised equity exposed the gap between onchain demand and the real shares behind it.
Shawn Jhanji
Jun 234 min read


What Ten Years of Equity Crowdfunding Returned to Founders and Backers
The model widened who could invest. The next one has to fix what it left unsolved: liquidity, selection, and the cost of staying in.
Shawn Jhanji
Jun 155 min read


Did The Liquidity Problem in Tokenised Finance Just Get Solved? How Midas and Symbiotic Are Making T+0 Redemptions a Reality
Liquidity Map. Did The Liquidity Problem in Tokenised Finance Just Get Solved?
Shawn Jhanji
Apr 304 min read


Asset Match Becomes the UK's Third PISCES Operator - A New Frontier for Private Company Liquidity
For UK founders sitting on illiquid equity, the landscape for secondary share trading just quietly got bigger. On 22 April 2026, Asset Match Limited became the third operator to receive FCA approval to run a trading venue under the PISCES framework - the Private Intermittent Securities and Capital Exchange System - Britain's regulated sandbox for trading shares in private companies.
This follows approvals for the London Stock Exchange's Private Securities Market (PSM) and
Shawn Jhanji
Apr 254 min read


PISCES, The LSE & A Back Door Into Private Company Shares
This month, something changed. Republic Europe — formerly known as Seedrs, one of the UK's most established equity crowdfunding platforms, has partnered with the London Stock Exchange to offer access to PISCES: the Private Intermittent Securities and Capital Exchange System. It is a clunky acronym for something genuinely significant.
Shawn Jhanji
Apr 217 min read
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