Fund value, trapped in manual administration.
The same three walls stop most fund managers from raising — and the Stack takes them down in order: get known → get funded → get liquid.
NAV, the cap table, capital accounts, and subscription docs live across a fund admin, spreadsheets, and email. Every LP report and audit restarts the reconciliation.
Reaching new LPs means placement agents, high minimums, and paperwork that shut out everyone but a handful of institutions → so the LP base stays small and concentrated.
LP interests are locked for the life of the fund. Investors who need liquidity have no clean path out, and you can’t bring in new capital mid-life without a secondary scramble.
You do the work once. Three products reuse it.
Intelligence holds the record; Raisable and Compass reuse it. Sold separately, used together — start anywhere; most clients do all three.
A diligence-ready fund record you keep current.
A live, sourced, contradiction-checked record of the vehicle → cap table, NAV, holdings, capital accounts, subscription terms → readiness-scored against what an LP and an auditor expect.
A regulated raise on a real BD.
A broker-dealer-acceptance-grade offering (Reg D / CF / A+ / S) with the subscription and offering document set drafted from your record and finalized by your counsel, routed to a licensed broker-dealer.
LP interests as a transferable on-chain security.
The LP interest issued as a compliant tokenized security with cap table, registry, and on-chain lifecycle → investors self-custody via Coinbase Smart Wallets. Stobox never holds the fund assets or the money.
The four mechanics behind every tokenized asset.
Whatever the asset class, putting it on-chain comes down to four behaviors — each a property the security carries with it, not a service wrapped around it.
One asset becomes many tokens
The asset is wrapped in a legal structure, then issued as tokens distributed to verified holder wallets — each a programmable claim on the original.
The rules travel inside the token
Every transfer is checked against eligibility, jurisdiction, and lock-ups encoded in the token itself. It only moves when the rules are satisfied.
One source of truth for every holder
Ownership is split into fractions and recorded once, on-chain. The cap table is the registry — not a document someone has to keep reconciling.
Dividends reach everyone at once
Lifecycle events — dividends, interest, redemptions — execute against the on-chain record and settle to every eligible holder in near-real time.
Fund structures that fit on-chain.
Six of the most common structures teams bring to the Stack. If one of these is yours, you can structure it, raise against it, and put it on-chain — where the asset and your jurisdiction allow.
Labels only — not a promise of a regulated or closed outcome. Eligibility depends on the asset and jurisdiction.
Two ways to raise against your real estate.
Same regulated outcome — a compliant offering on a licensed broker-dealer. The difference is how long it takes, what it costs, and how much you keep.
From scattered files to a live security.
A guided workflow, not a blank page. Here’s what the journey looks like once you start.
Map your record
We pull what you have into one sourced, contradiction-checked file and score its readiness. Free to start.
Generate the package
The full offering set and data room draft from your record; our specialists finalize to broker-acceptance standard.
Counsel signs off
Your securities counsel reviews a near-final package — bring your own or we match you to a vetted partner.
Route & go live
The offering routes to a licensed broker-dealer; once cleared, the building goes live for investors and, later, secondary.
Investment funds, answered.
Can I tokenize an existing fund, or only a new one?+
Either. Compass works per vehicle; many managers digitize the LP interests of a fund already in market.
Do you take a percentage of the fund or the raise?+
No. Flat fees only; any capital-raised fee runs through the licensed broker-dealer, never Stobox. No carry, no AUM cut.
Who holds the fund assets and LP capital?+
Your fund administrator and regulated providers. Stobox is a non-custodial technology layer → never in the flow of funds.
Can LPs get secondary liquidity?+
Tokenization makes a compliant secondary possible where the offering and jurisdiction allow; we build the rails → trading happens on regulated venues. It is not a guaranteed market.
We use a fund admin already → does this replace them?+
No. Intelligence sits alongside your admin as the canonical record; the raise and tokenization reuse it. Start with a free readiness score.
Put your fund on regulated, on-chain rails.
Run a free readiness score and see where you stand today — or talk to a specialist about fund managers. Two ways in, no pressure.
Run a free readiness scoreUp and running in days
Upload what you have; we structure it. No long implementation.
Catch problems early
Find gaps before an investor's counsel does.
No percentage, ever
Flat, software-style fees. We never take a cut of your deal.