Step 3: Routing primary market orders

Subscribing to Open-Ended Offerings

Open-ended offerings enable continuous subscriptions, allowing participants to place orders for tokenized assets without a fixed end date or allocation cap. The Distribution Framework APIs provide mechanisms to manage these subscriptions programmatically, while ensuring compliance and investor eligibility. All assets created through this process are tokenized on-chain, supporting efficient and secure distribution within the broader blockchain network.

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T-REX Engine APIs articles:

• Technical flow
• Manage subscription orders
• Manage redemption orders

Subscribing to Closed-Ended Offerings

Closed-ended offerings allow participants to subscribe to a tokenized asset within a fixed issuance period and a predetermined allocation. Using the Distribution Framework APIs, authorized participants can submit orders for eligible investors, ensuring that all subscriptions comply with eligibility and regulatory requirements. Assets added through this process are represented on-chain, maintaining transparency, security, and interoperability across the blockchain ecosystem.

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T-REX Engine APIs articles:

• Technical flow
• Manage subscription orders