The SpaceX Issuance:
Together with our client COMETUM Capital, we supported the structuring and issuance of a fully compliant electronic security providing exposure to SpaceX pre-IPO shares, executed under the German eWpG framework and registered via NYALA's crypto securities infrastructure.
The transaction reached ~€4M in volume and was fully subscribed within 72 hours, a strong signal for the growing demand for regulated access to late-stage private assets.
This issuance highlights what becomes possible when a coordinated, modular infrastructure stack is in place:
- NYALA → crypto securities register and issuance backbone
- tokenforge → investor lifecycle and distribution infrastructure
- CONCEDUS→ regulatory structuring and liability umbrella
- TANGANY→ compliant digital custody
Settlement was executed on-chain, demonstrating how regulatory compliance and operational efficiency can converge, not compete.
In the near future, more cutting-edge pre-IPO tech companies will be tokenized under this setup: Perplexity, Anthropic, Kraken, Discord, Agility Robotics and more.
At NYALA, we continue to see increasing momentum around tokenized securities as a standardized format for private market access across Europe. What was once considered “innovation” is quickly becoming infrastructure!