The client
We are a subcontractor to your mandate, not a competitor for it. We do not market to your clients, do not place instruments, and do not sit between you and them.
For law firms and structuring advisers
Law firms, structuring advisers, fund administrators and distribution platforms take clients from structuring to placement. The technical execution is the part that has to be sourced per mandate. That is the part we do, and the only part.
We are a subcontractor to your mandate, not a competitor for it. We do not market to your clients, do not place instruments, and do not sit between you and them.
Structuring, documentation, eligibility rules and the regulatory position are yours. We implement the result of your decisions; we never originate them.
The instrument runs for years. Whether we are visible to your client or invisible behind you is set in the engagement.
The technical scope is quoted at a fixed price before anyone commits.
The first thing to establish about a technology vendor near your client.
Where local law makes register-keeping or safekeeping a licensed activity, that role belongs to the licensed provider and we supply the technology beneath it. Where it does not, we can operate the register ourselves. Which applies is a question for your jurisdiction.
The instrument, the wrapper, the documentation and the eligibility rules are settled with your client, as they would be without us.
YouChain, token configuration, who may hold, and what the register has to show. A fixed price your client can see before anyone commits.
JointContracts deployed, the authority key generated for and handed to the issuer, eligible holders recorded, the instrument minted.
TokenistryTransfers, eligibility changes, corrections, reconciliation and redemption, for as long as the instrument is outstanding.
Tokenistry, or the clientThe same infrastructure, the same procedures and the same people carry to the next client. You quote a timeline instead of estimating one.
No, and it is written into the engagement rather than left to good faith. We are introduced by you, we work to your scope, and we do not market to a client we met through you.
Yes. Some advisers prefer us named in the room because the technical questions come back to us; others prefer a single point of contact. Both work, and it is decided before the first client meeting rather than during it.
Ask us before you promise anything. The technical work is measured in weeks, not months, once the instrument is settled. The honest constraint is usually the structuring and, where one is required, the availability of a licensed register operator, neither of which we control.
Not for the technical work. Where the instrument requires a licensed register or custodian, that role sits with a licensed provider and we supply the technology beneath it. Where the instrument does not, there is no licensed role to fill.
The contracts are already deployed and the authority key is already the issuer's, so the instrument does not depend on us continuing. A wind-down includes a runtime licence for a transition period and an export of the register.
That is a conversation, not a policy. Some advisers want a referral arrangement, some want us subcontracted under their own engagement letter, and some want us contracted directly by the client with no commercial link at all. All three are fine.