Compliance & Structuring
Tokenization Instruments: Notes, Equity, Warrants
A complete map of tokenization instruments — equity, notes, convertibles, certificates — and how issuers decide what the SPV actually issues.
Updated 13 min read
Topic hub
Tokenized instrument and structuring guides
SPVs, Series LLCs, notes, equity, certificates, warrants and SAFTs, and the securities compliance around them. Choose the instrument before choosing the technology.
10 guidesUpdated
Definition
A tokenized instrument is a conventional security or contract, such as a share, note, fund unit, certificate or warrant, whose ownership is recorded as a token while its rights and obligations still come from the legal documents of the issuing entity.
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Learn
How the structures, markets and rules work.
Compliance & Structuring
SPV Tokenization: The Complete Guide (2026)
How SPV tokenization works: why the entity is the legal wrapper, jurisdiction options, token registry mechanics, governance, and setup sequence.
Updated 16 min read
Compliance & Structuring
Tokenized Notes: Structures and When to Use Them
How tokenized notes work: promissory, participation, and structured notes, legal anatomy, jurisdictions, and when to use a note over equity.
11 min read
Compliance & Structuring
Tokenized Certificates and AMCs: Wrapper Guide
How tokenized certificates and AMCs wrap managed strategies into bankable, ISIN-carrying securities: issuance routes, costs, and honest risk trade-offs.
11 min read
Compliance & Structuring
Tokenized Securities Compliance: The Regulatory Framework Every Issuer Needs
Tokenized securities compliance: classification, KYC/AML, investor eligibility, Rule 144 transfer limits, ERC-3643 controls and 4-jurisdiction comparison.
Updated 11 min read
Compare
Side-by-side choices between structures, platforms and jurisdictions.
Compliance & Structuring
Series LLC vs Standalone SPV for Tokenization
When a Series LLC beats standalone SPVs for tokenized deals: costs, liability isolation, banking, and the setups sponsors actually use.
Updated 12 min read
Compliance & Structuring
Tokenized Equity vs Debt: Choosing the Instrument
Tokenized equity or debt? How governance, cash-flow obligations, tax, and exit mechanics should drive the instrument choice — with a decision table.
11 min read
Compliance & Structuring
Token Warrant vs SAFT: Rights, Math, Delivery
Compare a token warrant vs SAFT by legal right, allocation math, delivery obligor, transfer, expiry and failed-launch outcomes.
Updated 13 min read
Implement
Requirements, costs and step-by-step setup.
Compliance & Structuring
Tokenized Feeder Funds: Structure and Setup Guide
How a tokenized feeder fund works: master-feeder anatomy, jurisdiction comparison, fee stacking, capital calls, and the setup sequence for GPs.
Updated 13 min read
Compliance & Structuring
ADGM SPV Tokenization: Roles and Boundaries
Use an ADGM SPV in tokenization without confusing a passive holding vehicle with an issuer, platform operator or financial-services permission.
13 min read
Latest briefings
Source-backed news on this topic, newest first.
Regulatory briefing
Weekly Regulatory Brief: 31 August–6 September 2026
Three primary-source developments on bank chartering, securities tokenization and settlement design, with practical operator checks.
Structuring the vehicle?
See the SPV structuring workstream: formation, documents, banking and compliance as one coordinated build.