Product specs
Specifications for TokenForce tokenized equities.
Overview
TokenForce ApS (Denmark) is the platform operator and issuer of tokenized European equities — onchain tokens that track the price of individual European listed shares and are backed by underlying equity held at a regulated EU custodian. Each token is expected to be issued as a tracker certificate: a structured financial instrument giving economic exposure to the underlying share. Holding the token does not make you a shareholder of the underlying company.
In practice that means one token per asset, identified by a lowercase tf prefix followed by the underlying ticker in capitals (tfNOVO, for example). Buying, redeeming, and onchain transfers settle fast, denominated in supported stablecoins and subject to each product's market hours and control measures. The issuer behind every product is TokenForce ApS, incorporated in Denmark and operating under EU law.
What makes the design different from other tokenized-equity offerings comes down to where and how it is built. TokenForce is structured under EU law with a Danish issuing entity rather than an offshore vehicle, and it focuses on European listed companies — an underserved segment of today's tokenized-stock market. The backing sits with a regulated EU custodian, you buy and redeem with stablecoins without leaving the chain, and onchain supply and backing references are published so the structure can be verified rather than taken on trust.
Eligibility & onboarding
Buying and redeeming via TokenForce is for onboarded, eligible investors with verified wallets. Access is expected to be limited to professional and other eligible or qualified investors as defined under applicable law, with retail availability depending on jurisdiction. The product is global for eligible investors, subject to local law — it is not available to US persons or residents of sanctioned or prohibited jurisdictions. Full eligibility criteria will be published at product launch.
Onboarding follows EU AML/KYC practice: you verify your identity with a government ID, proof of address, and any other requested documents; sanctions and AML screening run at onboarding and on an ongoing basis; and you verify the wallet you will use to buy and redeem. Re-verification may be required periodically or when something material changes.
Trading: buying, redeeming, pricing & fees
Buying is deliberately simple — and deliberately secure. You don't sign a blockchain transaction to buy. From the trading terminal, you deposit stablecoins from your verified wallet to an address generated for your order, settlement begins, and the tokenized stock is delivered back to that same address. Redemption works the same way in reverse: you don't sign a transaction there either — you deposit the tokens to an address generated by TokenForce for your redemption, and stablecoin proceeds are delivered to your verified address. Estimated fees and amounts are shown in the terminal before you deposit anything.
Buying and redeeming follow the market hours displayed for each product, per the terms published for each individual product — European listing venues trade on CET/CEST schedules with their own holiday calendars, and the terminal shows each asset's hours and any holiday handling. The tokens themselves can be transferred onchain 24/7. Buy and redemption minimums may apply per asset.
The initial universe focuses on liquid European blue-chips and expands over time based on demand and operational readiness. Each asset carries an ISIN, listing venue, and currency reference, and availability may be subject to limited supply on the shelf.
Pricing references the underlying share: the reference price is expected to derive from the equity's market price on its listing venue via a third-party market-data provider, converted to the quote currency or stablecoin using a referenced FX rate, and published onchain through an oracle for transparency. A per-product settlement window applies before final pricing against stablecoins. Worth understanding clearly: a token's value can differ from the underlying share's on-exchange price. Where dividend value accrues into the token (total-return style), the token's value is expected to drift above the plain share price over time — by design — and FX conversion and fees also affect the quote you see.
On fees: a transparent fee applies — TokenForce does not operate with a spread — and estimated fees and amounts are displayed before funds are deposited. Blockchain gas is paid by the user. Holders are responsible for their own tax position; TokenForce does not provide tax advice.
Holding, transfers, DeFi & corporate actions
Tokens are transferable onchain — hold them where it suits you, in your own wallet or with a supported custodian. Over time, tokens may also become available on supported secondary venues.
Because TokenForce tokens are standard onchain assets (such as ERC-20 or SPL), they are designed to be composable with DeFi, so a position can be put to work without parting with it. Where venues support it, that means supplying tokens as collateral in lending markets to borrow stablecoins against a position rather than liquidating exposure — a pattern already well established for tokenized equities — as well as lending, providing liquidity, and composing directly from a wallet you control.
Corporate actions are handled under a published per-product policy. Dividends are not paid out as cash to holders: dividend value is either reflected in the token's price (total-return style) or used to acquire additional tokens distributed to holders, applied net of applicable withholding taxes in the underlying's market. As an illustration only — if an underlying pays a €10.00 dividend per share and the applicable withholding on the issuer's holding is 27%, €7.30 of net value per referenced share would be reflected in the token, under whichever mechanism that product uses; actual withholding depends on the market, treaty relief, and the structure. Splits and consolidations adjust token balances on the published schedule, mergers and delistings are handled under the published policy (affected positions may be sold), and voting rights are generally not passed through — see the legal terms.
Technical & trust
Each asset is a standard token format such as ERC-20 or SPL, depending on the network. Launch networks will be announced ahead of launch; the product is built for major public blockchains, with a multi-network roadmap. Tickers use a lowercase tf prefix followed by the underlying ticker in capitals (for example, tfNOVO). Deployment addresses and ABIs live in the Smart contracts section.
Holders can independently verify backing and supply:
- Backing — the underlying equity is held at a regulated EU custodian.
- Attestations — periodic third-party reporting on holdings.
- Onchain supply — total token supply is publicly verifiable.
- Audits — smart-contract audit reports are published under Smart contracts.
Legal status & notices
TokenForce ApS (Denmark) is the issuer. See the Legal section for regulatory status, ownership, backing, eligibility, restrictions, and risk factors.