Liquidity
Tokenisation without buyers is just a better spreadsheet.
How investors exit: the liquidity pools we provide, and how each one settles.
Liquidity pools
Four routes to an exit.
Every pool only matches whitelisted, eligible investors. Pools are operated with or through licensed venues where required. Each pool shows its current status.
- 01
Roadmap
Whitelisted RFQ pool
Sellers request quotes from a pool of eligible buyers and market makers. Best for larger, less frequent trades.
- Pricing
- Negotiated quote
- Timing
- On request
- Settlement
- Atomic, against cash
- 02
Roadmap
NAV-window pool
Buy and sell orders are matched at the published NAV during scheduled windows. Built for fund units.
- Pricing
- Published NAV
- Timing
- Scheduled windows
- Settlement
- Atomic, at window close
- 03
With partner venue
Continuous order book
A permissioned order book for assets with regular trading interest, operated through a licensed venue.
- Pricing
- Market, limit orders
- Timing
- Continuous
- Settlement
- Atomic, per trade
- 04
Roadmap
Public-chain access via Zenith
Where a mandate allows, eligible holders can reach EVM liquidity venues through Zenith, with transfer rules still enforced.
- Pricing
- Venue dependent
- Timing
- Venue dependent
- Settlement
- Asset of record on Canton
How an exit works
From sell request to settled trade.
- 01
Request
The holder places a sell order or quote request from the investor portal.
- 02
Check
The compliance engine confirms the buyer is whitelisted and eligible.
- 03
Match
The pool matches the order at a quote, NAV or market price.
- 04
Settle
Token and cash swap atomically; the cap table updates instantly.
Principles
Liquidity that stays inside the rules.
Eligible counterparties only
Every buyer passes the same KYC and eligibility checks as a primary investor.
Issuer stays in control
The issuer decides which pools an asset is listed in and on what terms.
Licensed where required
Secondary trading runs with or through licensed venues in the relevant jurisdiction.