Secretarium Tokenisation and Trading Suite

Safe, smart and liquid trading of any asset

Landing image

All the stability of a legacy exchange, with the agility of a fintech

Simple and efficient

Easy to use online platform

Robust and fast

Secure exchanges of any asset

Scalable and configurable

Confidentiality & integrity guarantees

Community driven

Fair market spot pricing

STTS

FastCheck
DecentralisedCheck
Non-standardised assetsCheck
Low costCheck
Fair pricingCheck
ConfidentialityCheck
Tamper proofCheck
Immutable audit trailCheck
24/7 tradingCheck

How it works

Simple and efficientTokenisation

Assets are converted to tokens according to their specification, ready to be traded on the platform.

Robust and fastTrading

STTS handles the entire trading process, from matching the interests of buyers and sellers to completing the delivery vs payment process.

Scalable and configurableDetokenisation

When an asset has successfully changed hands, its new owner can continue to trade with it on the platform, or detokenise it for offline use.

Tokenisation

Tokenisation

  1. Asset
    Sellers tokenise assets based on their specifications
    • Specifications
    • Custodian reference
    • Certificates (quality / origin)
  2. Check
    Asset confirmed

    The asset custodian checks seller details and quantity of listed asset, then confirms its existance on the platform.

  3. Check
    Origin confirmed

    Checks may be performed by the certificate issuer to confirm that certificates provided are genuine.

  4. Check
    Quality confirmed

    The auctioneer, a delegated third party or an automat confirms that tradeable attributes match certificates provided.

  5. Token
    Tokens issued

    The asset is now pledged to the platform. Depending on the asset class, the token can be:

    • Fungible
    • Non-fungible
    • Parametric (semi-fungible)

Trading

  1. Sell asset
    Seller lists asset and set offer price
    • Limit price
    • Sell at market price
  2. Buy asset
    Buyer places anonymous bid for material
    • Limit order
    • Buy at market price
  3. Parties agree
    STTS matches the interests of buyers and sellers

    Corresponding offers and bids are matched immediately, and the platform generates next-step instructions for all parties.
    Unmatched portions of offers and bids are placed on the order book for future matching.

  4. Delivery vs payment process
    Delivery vs payment process begins
    • Custodian holds asset under special escrow
    • Buyer pays the clearer
    • Clearer issues receipt of payment and notifies seller
    • Custodian confirms transfer of asset
  5. Receipt for token transfer
    STTS issues receipt for token transfer

    STTS generates an electronic receipt to confirm immutable transfer of asset ownership.

    • Asset can be traded on STTS
    • Or detokenised for offline use
Trading
Detokenisation

Detokenisation

  1. Token
    Trader requests detokenisation
    • Specify asset to be detokenised
    • Selects quantity to be detokenised
  2. Notify
    STTS notifies asset custodian
  3. Check
    Detokenisation signed off

    The custodian performs any necessary custody operations and signs off detokenisation.

  4. Token
    STTS destroys corresponding tokens

    The material is no longer pledged to the platform.

  5. Asset
    Asset can be used offline or re-listed at a later date

Awards

A-Team Innovation Awards 2021A-Team Innovation Awards 2022
Highly commended - Most innovative solution for front-office/trading