10 Real-World Equity Tokenization Examples You Should Know
Equity tokenization sounds abstract until you actually see who is doing it in practice. Like not just a slide deck , but real stuff. Below are ten companies and platforms that moved past the whole whitepaper stage and started putting actual shares on a blockchain, some are public, some are private, and some are still in pilot mode. Put together, they hint at what is working, what is still being ironed out, and where this space might be going next.
Why Look at Real Examples Instead of Theory
Most equity tokenization explainers go on and on about the concept , shares represented as tokens, quicker settlement, fractional ownership, etc, but they never really name a single company that has actually done it. That’s fine if you only want a primer, but it’s not that helpful when you’re a founder, investor, or a compliance team trying to understand what’s realistically possible right now , in practice.
The examples below try to cover a range of places (US, Switzerland, Singapore), plus different setups (public offerings, private placements, regulated venues), and outcomes too , including a few efforts that are still small, or slightly experimental. The point of mixing it all is this: equity tokenization isn’t one simple playbook yet.
10 Equity Tokenization Examples
1. Exodus (EXOD):Â Tokenized Common Stock on Algorand and Solana
Crypto wallet company Exodus is, like, probably one of the most cited examples for a reason. It tokenized real Class A common stock, and not some synthetic wrapper thing. After a Reg A+ public offering, Exodus shares became available as tokens through Securitize first on Algorand and then on Solana via Superstate. holders can look at their shares straight in the Exodus wallet and later on, move them to a broker. It feels like one of the few situations where the token is the share itself, not a derivative of it.
2. tZERO:Â The Early Infrastructure for Trading Tokenized Shares
Before most companies were tokenizing anything, tZERO (originally an Overstock.com project) was kind of building the plumbing, a licensed alternative trading system where tokenized securities could actually swap hands. Exodus, in fact, planned to put its EXIT tokens there. tZERO’s relevance today is less about one flashy launch and more about showing that regulated secondary trading of tokenized equity could be done years before it became a trend.
3. F10 on SIX Digital Exchange (SDX): First Equity Tokenized Inside a Regulated CSD
Switzerland's SDX, teaming up with fintech ecosystem F10 and the share registry firm Aequitec , put F10s private shares out as tokens inside a fully regulated Central Securities Depository.Â
That little detail, honestly it really matters. Rather than minting tokens on some public chain and just hoping regulators will catch up, SDX built the tokenization right into an already licensed settlement system. It has been described more or less like a blueprint that other private companies could copy for their own share issuances, not just something theoretical.
4. Aktionariat AG on SDX:Â Bringing Ethereum-Issued Shares Into a Regulated System
The Aktionariat had already issued its shares as token forms straight on the public Ethereum chain. SDX then moved those very same tokenized shares into its regulated depository, kinda like bridging a public-chain issuance with more institutional, grade custody.
 It shows a cadence that will probably show up again, companies often experiment on public blockchains first. Then they formalize through a regulated venue once they need a wider investor reach, and yeah, this pattern seems pretty likely to repeat.
5. ADDX (Singapore:Â Tokenized Private Equity and Pre-IPO Access
ADDX, backed in part by the Temasek ecosystem, has kind of built one of the more lively tokenization platforms in Asia, while offering tokenized private equity funds, pre-IPO deals, and institutional bonds to a broader pool of accredited investors.Â
Its Astrea private equity bond deals and Mapletree real estate fund tokenization are frequently brought up as sort of evidence that a regulated exchange can make traditionally difficult-to-access asset classes more reachable in smaller, tradable pieces, too.
6. Citi and SDX — Tokenized Pre-IPO Equities for Global Investors
In a more institutional example, Citi partnered with SDX to bring tokenized pre-IPO equities onto SDX’s platform, with digital asset bank Sygnum and SBI Digital Markets handling investor access in Europe , and Asia respectively. This is less about one company’s shares, and more about a bank-grade distribution model like a sort of operational blueprint.
 Proof that traditional finance players are ready to route pre-IPO equity through tokenized infrastructure rather than treating it as purely crypto only, you know an experiment.
7. Robinhood's Tokenized Stock Push in Europe
Robinhood's move into tokenized stocks for European customers got a lot of attention not so much on the tokenization mechanics, but more on what it was signaling. Like, retail brokerages can use tokenized equity as a way to give access to shares including shares from private companies that normal retail investors usually can’t buy. So it kind of shows that tokenization is being used mostly as a distribution and access tool, rather than as a real settlement upgrade.
8. Nasdaq's SEC Filing for On-Chain Trading
Nasdaq went ahead and submitted a filing to the SEC, as a nudge or a next step toward letting investors trade tokenized stocks, and exchange-traded products on-chain. Nothing is actually live, yet , but it still feels like a strong example , in part because of who’s behind it: it’s a major public exchange, not some startup, so it signals that tokenized equity infrastructure is being taken seriously at the very top of the market.
9. DTC's Tokenized Services Pilot
The Depository Trust Company, which does clearing and settlement for most of the US securities industry, got a no action letter from the SEC so a pilot of its tokenized services could run for three years. This one is worth watching, closely because if the backbone of US securities settlement starts moving toward tokenization, it sort of changes the infrastructure every other example on this list depends on.
10. SDX and Banque Pictet — Fractionalized, Tokenized Portfolios
SDX and Swiss private bank Pictet kinda ran a joint pilot where they tokenized corporate bonds and then allocated the whole thing in fractional bits across different client portfolios. Even though the pilot asset was debt not equity, the same basic mechanism of custody at a regulated depository, fractional allocation via tokens is exactly the setup people want for tokenized equity portfolios now. So it feels like a preview of what more personalized, fractionalized equity investing could look like later, once the equity side finally catches up.
From strategy and compliance to smart contracts and investor platforms, we deliver end-to-end RWA tokenization services tailored to your business.
What These Examples Have in Common
Regulation comes first, right. Every example that really has trading volume Exodus, ADDX, SDX linked deals — like it went through some formal securities process instead of just skipping it, you know.
Access , not only efficiency, is the main selling point. There are several examples made on purpose so smaller, or maybe non institutional investors can reach deals they couldn't get to before. Not just “faster”, more like “possible”.
Also, the infrastructure folks matter as much as the issuers themselves. tZERO, SDX, and DTC aren’t equity issuers, technically, but without their settlement and custody layers none of those issuer examples above would have any place to trade.
And yeah, public chain and regulated exchange approaches are starting to blend together, it shows up in stuff like Aktionariat shifting from Ethereum into SDX’s depository.
Where This Leaves Companies Considering Equity Tokenization
None of these examples really suggest that equity tokenization is a plug-and-play upgrade or anything like that. Each case needed legal structuring, a chosen regulatory pathway and also some custody, or settlement partner that was willing to back it.Â
So what they do show is that the approach can work across super different jurisdictions, and company sizes , from a crypto wallet startup to a pre-IPO platform that’s bank-backed. For any company looking at tokenization, the more practical question isn’t “can we do it” but rather which of those setups , like a public offering, a regulated CSD , or an institutional distribution partner, fits the fundraising plan and the investor base.
Frequently Asked Questions
Is equity tokenization legal?
Yes, when it's done through a proper securities offering and a licensed platform or exchange. Every example on this list operates within an existing regulatory framework rather than around it.
What's the difference between a tokenized stock and a regular share?
In cases like Exodus, the token is a direct digital representation of the actual share, recorded and transferable through a regulated system. Some other 'tokenized stock' products elsewhere in the market are synthetic — they track a share's price without conferring real ownership, which is a very different structure.
Can small or private companies tokenize their equity, not just big exchanges?
Yes. F10 and Aktionariat are both private companies, not household names, and both tokenized their shares through SDX's regulated depository rather than a public listing.
