The model
Issuer-led. Venue-agnostic. Built for scale.
A great deal of tokenised-asset design quietly assumes its own exchange. EquiTrack is built around the opposite decision: we own what must be controlled, and let liquidity move across approved venues rather than trapping it inside infrastructure we operate ourselves.
End to end
How participation works
01
Onboard & verify
Eligible institutions are verified once through structured onboarding. Identity and eligibility are managed on a permissioned basis, so access is restricted to approved holders for the life of the instrument.
02
Subscribe at NAV
Clients subscribe directly with EquiTrack at net asset value, settled in USDC. Primary access never depends on a single venue's order book.
03
Hold & trade across venues
Positions can be held, or traded between eligible holders across approved, regulated venues. Permissioning is designed to travel with the instrument — enforced at the token level, wherever it moves.
04
Redeem at NAV
Redemption mirrors subscription: at net asset value, settled in USDC, on a clear, scheduled basis. Redemption capacity is designed to be supported by a dedicated, collateralised liquidity framework governed by conservative risk limits.
What EquiTrack owns
The parts that must be controlled
Primary issuance & redemption
Subscription and redemption happen directly with EquiTrack at net asset value — never hostage to secondary-market conditions on any one platform.
Identity & eligibility
Access is permissioned. Eligible institutions are verified once, and participation is designed to be restricted to approved holders throughout — across every venue.
Collateral & risk framework
Instruments are being designed around segregated USDC collateral and a dedicated, collateralised liquidity framework — with collateralisation requirements, exposure limits and circuit breakers as part of the architecture, not an afterthought.
Institutional reporting
Transparent NAV methodology and reportable exposure are part of the core build — exposure, composition, methodology version and control state, in a form committees can consume.
Risk discipline
Engineered for the bad day, not the demo.
Diligence teams do not ask how an instrument behaves when everything works. They ask what stands behind a redemption promise under stress. Our architecture is designed to give that question a direct answer.
Collateralised by design
Redemption capacity is designed to be supported by an explicit, collateralised liquidity framework — sized and governed by conservative collateralisation requirements, maintained ahead of exposure.
Conservative limits
Per-product exposure caps and deliberately conservative launch parameters, widened only with evidence and formal review — early scale is earned, not assumed.
Reference values built for scrutiny
A methodology-driven NAV designed to draw on multiple independent data sources, with deviation monitoring between them and circuit breakers when inputs fall outside defined tolerances.
Pause-early controls
The ability to pause issuance, redemption or transfers under defined conditions — and a governance posture that prefers pausing early over explaining late.
Full mechanics are shared in diligence materials under NDA
What flows across venues
Liquidity, distributed by design
Secondary liquidity is intended to live across the regulated venues where eligible counterparties already operate — not inside a captive order book.
- USDC throughout
- Permissioned · allowlisted
- Approved & regulated
- Ethereum-compatible
- Liquidity is intended to flow across approved, regulated venues between eligible holders.
- No dependence on a single exchange for entry, exit or price discovery — primary access runs directly with EquiTrack at NAV.
- Venue approval is a governed decision against defined standards: regulatory standing, operational reliability, security posture and institutional-grade controls.
- Access wherever approved, eligible counterparties already operate — with permissioning enforced at the instrument level.
- An architecture designed to grow without a structural capacity ceiling.
Why it matters
Dependence on a single venue is the first thing diligence asks about.
Tying an instrument to one exchange concentrates operational, technical and regulatory risk in a single place. It caps reach to that venue’s participants and can impose a structural ceiling on how large a product can responsibly become.
Our exchange-agnostic approach is not a feature bolted on — it is the architectural decision the rest of the model is built around. By separating issuance from secondary liquidity, EquiTrack is designed for resilience, reach, quality of execution across venues, and scale without a hard capacity limit.
See the full case for EquiTrackLet’s talk about your mandate.
We are speaking with family offices, asset managers, treasuries and sovereign-linked institutions ahead of launch. Tell us what you are looking to access and we will be in touch.