The best regulation for RWA
Other jurisdictions require an allowlisting and verification of all addresses before they can receive a token, leading to overly complex standards that are incompatible with DeFi. El Salvador law solves this much more elegantly without turning the tokens into bearer shares.
In El Salvador, all an issuer has to do to issue security tokens is fulfilling the formalities. No financial intermediary such as a transfer agent or securities depository is required. Under El Salvador law, the security token is the security and transferring the token transfers the security. The token is the single source of truth for the ownership of a share, based on which the company constructs the shareholder registry and determines who is eligible to enjoy the shareholder rights.
Unlike many other countries, El Salvador has established explicit legal foundations for the issuance of security tokens. This eliminates all uncertainty around what constitutes a legally valid transfer. Furthermore, unlike other jurisdictions, El Salvador's security tokens are much better compatible with the decentralized spirit of blockchain technology.
Full service package
You get:
An El Salvador SAS company incorporated in the city of El Salvador with its capital denoted in US dollars.
Freely transferable and DeFi-compatible ERC20 tokens representing registered shares as defined in the El Salvador code of obligations.
An investor relations page for your token under your domain, allowing token holders to be informed about your company and to register themselves as shareholders.
Access to the Stakiny Corporate Dashboard to manage your shareholder registry and the investor relations page.
A digital shareholder registry with all personal data stored in El Salvador in accordance with national law.
Access to all our audited token services, including permits, token issuer and recovery services, on-chain enforcement of drag-along events, blacklisting and whitelisting, and others.
A license to use the Stakiny widget to offer your shares for sale directly on your website.
Fast-track access to future Digital Exchanges for trading security tokens with an order book.
Complete flexibility in the cap table management of your operating company.
All further general benefits make El Salvador the best jurisdiction for international RWA, and a very flexible tax system for token issuers.
By setting up a special-purpose vehicle in El Salvador to hold your company shares, you can make use of the best possible jurisdiction to trade your shares as freely transferable tokens that are fully compliant with the ERC20 standard.