RE.06 · Asset · Funds, SPVs, Roll-Ups, Co-Invest

The fund is closed. The LP universe isn’t.

Holding companies and fund structures seeking LP access beyond traditional geography. Tokenized LP interests under Cayman, Mauritius or ADGM fund frameworks. Institutional LP introductions included — family offices, qualified purchasers, regulated allocators.

Fund Engagements12+delivered since 2018
Avg AUM Tokenized$25–150Mper vehicle
Min Ticket$50Kqualified investor
FrameworksCayman · MauritiusADGM · Luxembourg
LP NetworkInstitutionalcurated, regulated
Time to Live10–14weeks avg.
The opportunity

Real estate funds raise hard. Real estate fund tokens raise differently.

A traditional real estate fund close depends on the GP’s relationship rolodex. A tokenized fund close depends on infrastructure — structure, distribution, secondary liquidity. The same fund. Different access mechanics.

01 / Closed-End Friction
Closed-end RE funds lock up capital for 7–10 years. Most LPs won’t commit.

A traditional closed-end RE fund forces the LP to choose: lock up the capital, or stay liquid. Most stay liquid — and capital that could have been raised goes elsewhere. Tokenized LP interests on a regulated ATS introduce a secondary path: not guaranteed liquidity, but a real venue, regulated and investor-protected. That single feature flips fence-sitting LPs into committed ones.

02 / Cap Table Operations
RE fund cap tables are spreadsheets and PDFs. They shouldn’t be.

A 200-LP closed-end RE fund spends days each quarter on K-1s, capital calls and distribution math. Tokenized LP interests turn the cap table into code: capital calls executed via smart contract, distributions paid pro-rata on-chain, transfers restricted by accreditation status enforced at protocol level. Investor relations time per quarter drops from days to hours.

03 / LP Universe Reach
Most RE GPs raise from the same fifty allocators. There are thousands.

A traditional RE fund is marketed via PPM emails to a personal LP rolodex. A tokenized RE fund is distributed via FINRA broker-dealers, EU MiCA-licensed venues and curated institutional LP networks — reaching family offices, regulated allocators and qualified purchasers globally. The fund thesis doesn’t change. The reach 50x’s.

What we tokenize

Six fund formats. Six different fundraising shapes.

A single-asset SPV is not a multi-asset roll-up is not a credit fund. The Pre-Qualification Audit identifies the right fund framework and token mechanic before any legal spend.

F.01 · Format
Real Estate Private Equity Funds
Closed-end RE PE funds with multi-asset deployment thesis.

Tokenized LP interests under Cayman exempted limited partnership or Luxembourg RAIF. Subscription tokens issued at first close, redemption logic encoded for end of fund life. Reg D + Reg S + EU AIFMD-compatible.

Discuss this format
F.02 · Format
Single-Asset SPVs
Dedicated SPV for one tower, hotel or development.

BVI, Cayman, ADGM or DE LLC SPV holding a single asset. Tokenized equity with NOI distribution and defined exit. Cleanest fundraising vehicle for first-time tokenization sponsors. Reg D 506(c) + Reg S typical.

Discuss this format
F.03 · Format
Multi-Asset Roll-Up Vehicles
Master holding-co with sub-SPVs across geography or asset class.

Cayman or Mauritius master vehicle with sub-SPVs per asset. Tokenized LP interests in the master. Diversification reduces concentration risk and broadens the LP universe. Strong fit for sponsors with 5+ stabilized assets.

Discuss this format
F.04 · Format
REIT-Equivalent Structures
Tokenized open-ended income-distribution vehicles.

Open-ended fund framework with periodic subscription/redemption windows. NAV-linked tokenized units. Suited for stabilized portfolio operators seeking permanent-capital structure with regulated investor pool.

Discuss this format
F.05 · Format
Co-Invest Sidecars
Sponsor-led co-invest vehicles attached to a flagship fund or deal.

Tokenized SPV running parallel to a primary fund. Lower management fee, deal-by-deal carry, accredited-investor focus. Strong fit for sponsors monetizing pipeline overflow without diluting flagship fund economics.

Discuss this format
F.06 · Format
Real Estate Credit / Debt Funds
Senior bridge, mezzanine and preferred-equity loan funds.

Tokenized LP interests in a debt vehicle. Yield distribution from coupon income, with on-chain reporting on loan-level performance. Cayman or Luxembourg framework. Fixed-income allocator-friendly format.

Discuss this format
From PPM to live LP access

Every layer managed. One team. Zero gaps.

RE fund tokenization fails the same way every time: structure works in one jurisdiction, fundraising rules block another, AIFMD passporting trips up MiCA distribution. Stobox manages all four layers as a single coordinated engagement.

Selected references · Funds & SPVs

Tokenized RE funds on Stobox infrastructure.

A small selection of fund and SPV engagements live or recently completed. Sector mix illustrative; figures rounded; full breakdowns available under NDA.

USA · Multi-Asset Roll-Up
$45M
Cayman ELP · Reg D 506(c) + Reg S · Hospitality + residential portfolio
EU · Open-Ended Income Vehicle
$30M
Luxembourg RAIF · AIFMD professional · NAV-linked tokenized units
UAE · Single-Asset SPV
$28M
BVI SPV · Reg D 506(c) + Reg S · Commercial tower · FINRA distribution
Global · RE Credit Fund
$60M
Cayman ELP · Senior bridge · Tokenized LP interests · Institutional-only
Engagement pricing

Fund tokenization from $9,500. Every layer managed.

Every fund engagement starts at the same fixed entry point: a $9,500 Pre-Qualification Audit. Scope and cost for the next stage are confirmed in writing before a single further dollar is spent. You never commit to the next stage until the current one is signed off.

Step 01 · Pre-Qualification
$9,500
Fixed · 5–7 days · Written verdict · Credited on Go

CEO-led review of GP track record, fund thesis, regulatory classification, jurisdiction mapping and LP feasibility. Three possible verdicts: Go, Conditional or No-Go.

Step 02 · Blueprint
Get a quote
Scoped after Step 01 · Five workstreams in parallel · Per-stage sign-off

Fund-architecture design, LPA drafting framework, AIFMD/manager-passporting analysis, distribution strategy and technology blueprint — each stage delivered as a document you own and accept before paying for the next.

Step 03 · Go-Live
Get a quote
8–10 weeks · Stobox 4 deployed · STV3 on-chain · LP introductions active

Platform live at your domain, smart contracts deployed, KYC pipeline configured, institutional LP introductions activated. Your fund is ready and your LPs are on the network.

Two ways to start

Pick your path. We’ll meet you there.

Path 01 · Self-service

Stobox Compass

AI-powered RWA readiness tool. Run an unlimited screener, score your fund vehicle in 10 questions, and on Pro+ generate a consulting-grade AI report — without a sales call.

Register with Compass
Path 02 · Managed engagement

Schedule a call

For GPs and fund managers ready for end-to-end tokenization. CEO-led discovery, a written Pre-Qualification verdict, and engagement scoping. No commitment to proceed.

Schedule a discovery call
Legal Disclaimer

Stobox Companies Group is not a registered broker-dealer, funding portal, underwriter, investment bank, investment adviser, or investment manager, and does not provide brokerage, underwriting, or investment advice. Stobox is not a law firm and does not provide legal advice — legal structuring is delivered by independent third-party counsel.

Stobox does not solicit, offer, or sell securities. Token offerings are structured and distributed by licensed broker-dealers. Stobox takes no part in secondary market transactions and does not hold investor funds or securities. Digital asset custody is provided by Fireblocks under separate agreement.

Nothing on this website constitutes an offer to sell, solicitation to buy, or recommendation of any security or investment. All information is for informational purposes only. Past performance is not indicative of future results. Investing in tokenized securities involves substantial risk, including loss of principal.

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