Tokenization infrastructure for U.S. private funds

One canonical on-chain record across the fund lifecycle.

Issuance, secondary, and redemption on permissioned token standards. Built for U.S. private fund issuers.

Built onERC-3643 / T-REXONCHAINIDOpenZeppelin v5Canton / Daml

ERC-3643 · Canonical record

Fund XYZ III

NAV / unit

$104.27

Committed

$214M

Holders

142

Settlement

T+0

Capital flows

Live
AB

Firm ABC LP

Verified
XY

Firm XYZ Capital

Verified
DE

Firm DEF Pension

Lockup
GH

Firm GHI Office

Verified

Why now

The market is moving on-chain.

$14.9T

Global private capital AUM

Preqin / Bain, YE 2024

$27.4B

Tokenized RWAs on-chain

RWA.xyz, March 2026

$16T

Projected tokenized assets by 2030

BCG / 21Shares

$315B

PE secondaries dry powder

Preqin, Q3 2025

How it works

One record across issuance, secondary, and redemption.

01

Issuance

Formation, exemption, KYC, mint

Set your terms, deploy a permissioned token, and mint on a funded subscription. Investors complete KYC once.

02

Secondary

LP-to-LP transfers, GP-led liquidity

Every transfer clears compliance and settles in one transaction. The cap table updates itself.

03

Redemption

Distributions, repurchase, tender

One signed NAV per window. Eligible holders pull their payout at close.

Capabilities

What runs on Proleia.

Portable LP identity

KYC and accreditation anchored to ONCHAINID. Verified once, reused everywhere.

Protocol-layer compliance

Eligibility, caps, lockups, and withholding rules enforced on every transfer.

Real-time cap table

One on-chain ledger. Holders, admins, and auditors read the same record.

Permissioned secondary surface

A permissioned order book gated on identity. Visibility matches your exemption.

Programmable distributions

Distributions run on a signed NAV. Holders pull from a verified entitlement list.

Public chain or institutional rail

ERC-3643 on public EVM by default. Canton / Daml when you need more privacy.

Compliance at the protocol layer

Every transfer is checked before it settles.

Eligibility, jurisdiction, holder caps, lockups, and withholding rules live as compliance modules attached to each token. They evaluate every transfer attempt, and token transfer, register update, and event emission resolve in one transaction.

  • No off-chain reconciliation
  • One canonical register
  • Auditor-ready by default

Transfer compliance

Pass
Eligibility & accreditation
Jurisdiction
Holder caps
Lockup window
Section 1446(f) withholding
SettlementSame transaction

Secondary order book

506(b) · permissioned
PriceUnits
104.802,500
104.551,100
spread 0.35
104.203,200
103.951,750

A permissioned secondary surface

Liquidity that respects your exemption.

A permissioned order book gated on the identity layer. The visibility model matches the offering exemption: private for 506(b), wider for 506(c). Existing holders get optionality without changing your posture.

  • Gated on portable identity
  • GP-led or LP-to-LP
  • Settles in the same block

Standards

Built on audited open standards.

ERC-3643 / T-REX

The token standard for permissioned, regulated securities.

ONCHAINID

Portable on-chain identity for accreditation, jurisdiction, and tax claims.

OpenZeppelin v5

Audited base contracts. Publicly verifiable.

Canton / Daml

Privacy-preserving institutional ledger. An alternative rail when public chains reveal too much.

One issuer console. Choice of rail at deploy time.

Industry context

Institutional balance sheets have committed to tokenization.

Every stock, every bond, every fund, every asset can be tokenized. If they are, it will revolutionize investing.

LF

Larry Fink

BlackRock, 2025 Chairman’s Letter

A whole new set of competitors is emerging based on blockchain, which includes stablecoins, smart contracts and other forms of tokenization.

JPM

JPMorgan Chase

2025 Annual Report

Using tokens representing the value of shares would enable us to unlock their utility as a form of collateral and open up more seamless transferability.

GS

Goldman Sachs

Global Head of Digital Assets, 2025

Tokenisation has the potential to reshape the financial system, with significant implications for payments and financial markets.

BIS

BIS

Leveraging Tokenisation, Apr 2025

Tokenisation is no longer experimental. Financial institutions want more than faster data flows.

SW

Swift

Tokenised Finance at Scale, Jan 2026

Tokenized assets provide participants with access to new marketplaces, faster settlement, increased liquidity, and flexibility.

UBS

UBS

UBS Tokenize

Logos, trademarks, and product names of third parties are the property of their respective owners and are used for identification purposes only. Their inclusion does not imply endorsement, affiliation, or sponsorship.

FAQ

Frequently asked questions.

What is Proleia?

Proleia is a technology platform for tokenizing U.S. private fund interests. It provides issuance, secondary, and redemption infrastructure on permissioned token standards.

Who is it for?

U.S. private fund issuers, including venture capital, private equity, private credit, real estate, and family-office vehicles.

What token standard does Proleia use?

ERC-3643 / T-REX for public EVM deployments. Canton and Daml are available as an alternative rail for issuers with stricter privacy or settlement-assurance requirements.

Is Proleia a broker-dealer, transfer agent, or fund administrator?

No. Proleia is a technology platform. It is not registered as a broker-dealer, investment adviser, transfer agent, fund administrator, custodian, exchange, ATS, or money services business. Regulated activities are performed by the customer's appointed service providers under their own licenses. See the disclosures page for full regulatory-status language.

What is ONCHAINID?

An open standard for on-chain identity that anchors attestable claims, such as KYC verification, accreditation status, jurisdiction, and tax classification, to a holder's wallet. Used by Proleia to evaluate transfer eligibility at the protocol layer.

How does Proleia handle compliance?

Eligibility rules, jurisdiction restrictions, holder caps, lockups, transfer rate limits, and applicable withholding rules are encoded as compliance modules attached to each token. Modules evaluate every transfer attempt before settlement. Customers remain responsible for setting policy.

Talk to us about your fund.

Walk us through your structure. We will show you what tokenization on Proleia looks like for it.