Bring Tokenized Trading to Every Issuer

KapReg gives licensees a compliant path to tokenize any issuer's cap table and deposit shares for secondary trading on a tokenized securities ATS — without disturbing the issuer's existing DTC-eligible, exchange-listed securities.

Dual-rail bridge illustration

Pillar 1

A Dual-Rail Cap Table, Not a Fork

Issuers with securities already in DTC, trading on national securities exchanges, don't need to choose between traditional and tokenized markets. KapReg lets a transfer agent maintain one authoritative cap table that spans both rails — the DTC-eligible shares and the tokenized shares on a U.S. tokenized securities ATS — reconciled in real time.

Identical shareholder rights illustration

Pillar 2

Same Rights, Same Shares. Not Derivatives.

Tokenized shares maintained by a transfer agent on KapReg carry the exact same voting, dividend, and economic rights as the underlying traditional securities they represent. They are not synthetic instruments, wrappers, or derivatives — they are the security, recorded on a compliant tokenized rail with the transfer agent as official record-keeper.

Multiple issuers depositing into a tokenized ATS illustration

Pillar 3

Any Issuer, Any Licensee

Licensees can tokenize any issuer's cap table on the platform and deposit shares for secondary tokenized trading. Whether it's a single issuer or an entire book of clients, KapReg standardizes onboarding, share deposit, and secondary-market connectivity to a tokenized ATS.

Ethereum layer-2 stack illustration

Pillar 4

Built on an Ethereum Layer-2 Blockchain

Tokenized positions are maintained on a purpose-built Ethereum layer-2 network — fast, low-cost, and fully auditable, while inheriting the security guarantees of Ethereum's base layer. Every transfer is backed by built-in digital KYC and AML checks and a user-driven cryptographic signature, in-app.