RFQ Platform · Equities
Block liquidity in tokenized equities and ETFs fungible with the underlying
What it is
Request quotes in tokenized equities and ETFs minted from positions held at DTC, including SPY, MSFT, and SGOV. Tokens are fungible with the underlying security rather than claims on a separate vehicle, and settle against tokenized cash atomically.
Who uses it
Asset managers and broker-dealers moving size in tokenized equities without market impact, and prime brokers financing client positions.
How it works
- Submit a request in the security and size.
- Receive competing quotes privately.
- Accept and settle delivery against payment in one step.