Go Beyond the
Fundamentals
Strategies, structures, and operational playbooks for professionals building in the tokenized economy. Built for practitioners ready to move from understanding to execution.
The current US federal tax framework for tokenized securities — how distributions are classified, how gains are calculated, how cost basis works on-chain, and the open questions the IRS has not yet resolved.
Four major institutional investor types profiled — their structural, legal, and operational requirements for tokenized offerings, plus solutions for the six most common obstacles to institutional participation.
How to structure a single tokenized offering that simultaneously complies with Reg D, Reg S, MiFID II, SFA, and DFSA — with smart contract transfer restrictions enforcing all applicable rules automatically.
How traditional private equity fund economics — capital return, preferred return, catch-up, carry — translate into smart contract distribution waterfalls, clawback escrows, and tokenized feeder structures.
The five governance models for institutional tokenized asset contracts — from single-owner to fully immutable — plus exploit scenarios, audit standards, and the timelock + multisig gold standard.
How AI augments the tokenized asset lifecycle — from underwriting and KYC to covenant surveillance, portfolio rebalancing, and investor reporting — plus the six critical risks of AI in financial infrastructure.
What happens when structures break — four insolvency scenarios covering GP bankruptcy, servicer default, platform failure, and underlying asset distress, plus the structural protections that determine investor recovery.
The series finale — how to construct, allocate, ladder, monitor, and rebalance a portfolio of tokenized real-world assets using modern portfolio theory adapted for on-chain instruments.