Capital Markets
The tokenized-deposit logic extends directly to tokenized instruments: private securities, fund shares, money-market instruments, and the cap-table and fund-admin plumbing around them.
Why the primitives fit
- Asset issuance with controls you define — transfer restrictions, allow-listing, lock-ups, and freeze/clawback under legal order as system-contract policy, not per-token bespoke code.
- Named accounts for issuers, transfer agents, custodians, and investors; multisig for corporate actions and treasury.
- Instant, irreversible finality removes settlement-window risk; atomic delivery-versus-payment is native when cash and asset are on the same ledger.
- Private networks keep the cap table and holdings among the right parties, with auditor/regulator read-access on demand.
Deployment shape
An issuer or market-infrastructure operator runs a network; investors and intermediaries are named accounts; tokenized cash (e.g. a Metal Dollar-style settlement asset) enables on-chain DvP.