Subscriptions

Subscription Orders

Subscription orders facilitate investments in your tokens and are exclusively available to qualified investors. Once your investors are qualified and ready to invest, they will go through the investment funnel, which ensures a secure and compliant experience, enabling them to participate in your fundraising.

Within the Servicing App, you can configure subscriptions for specific time periods and the relevant regulations that define the conditions for an investor to create orders. You can configure:

• Time Periods: The start and end dates, when your investors will be able to place orders.
• Investment Limits:
  • The minimum and maximum investment for the orders.
  • The max cap defining the highest amount of capital that can be invested in total for your tokens.
• Fees: The fees that will be charged upon initial investment to your investors
• Token Price: The price of the token
• Payment Methods: The payment methods that you allow
• Auto-Minting: decide whether allowing auto-minting for your tokens once the payment is confirmed.
• Subscription Type: The type of subscription.
• Payment Input Options: Allow investors to input either the token quantity or the total amount they want to invest.

Subscriptions for tokenized funds

Our platform provides ready-to-use subscription options tailored to both closed-ended and open-ended fund instruments, making it seamless to tokenize your funds.

• Close-ended: They involve a predetermined number of shares or units, with a fixed price. Investors can subscribe during the initial offering, and afterward, they will be able to trade the shares in the secondary market, if enabled.
• Open-ended: they do not have a predetermined number of shares or units, and their price is not fixed. Instead, investors can subscribe to the fund by investing a certain amount, and the fund manager will issue new shares or units based on the total amount invested. The price will be calculated based on the fund’s net asset value (NAV), which is determined by the fund manager at the end of each trading day.

The key difference between close-ended and open-ended funds while performing an order is the uncertainty surrounding the exact price for their shares until the fund manager determines the NAV.