Phase 6: Legal Documentation

Providing legal documentation is essential in a tokenization project, as it ensures transparency and regulatory compliance and prepares the asset for secure and transparent tokenization.

This documentation demonstrates compliance with relevant laws and regulations, which is essential for obtaining regulatory approval and fostering investor confidence. Without clear legal documentation, the project may face legal uncertainty, reduced credibility, and barriers to capital raising.

Therefore, considering the above, this phase requires the issuer to provide comprehensive legal documents and proof that support the structure and legitimacy of the tokenized offering. These include documents that establish a clear legal connection between the issuing SPV or SPC and the underlying asset, confirming that the entity issuing the tokens has rightful control or ownership of the asset being tokenized. Additionally, the issuer must submit corporate documentation for the SPV/SPC, such as registration certificates and governance records, to validate the entity’s existence and operational authority.

Furthermore, the issuer must provide internal policies governing tokenized offerings, which outline how the company manages compliance, investor relations, and token lifecycle operations. This package should also include a Legal Token Issuance Verification, confirming the legal soundness of the issuance process, and a Legal Opinion from a qualified advisor to reinforce regulatory compliance and protect both the issuer and investors. Together, these documents form the legal backbone of the tokenization project, enabling trust, enforceability, and long-term project credibility.