$REAL Technologies Inc., the parent company of $REAL Finance, has entered into its first agreement for securities tokenization with Factori AD, an EU-regulated investment broker offering various financial services. This partnership marks the live implementation of $REAL Finance’s infrastructure for regulated securities tokenization and initiates an institutional pipeline exceeding $100 million in client assets.
Factori AD will oversee all regulated brokerage operations under the agreement, including onboarding, KYC and AML compliance, licensed OTC execution, and segregated custody. International securities custody will be managed by Bank of New York, while Bulgarian securities will be held by the Central Depository in Bulgaria.
The initial transaction under the partnership involves equity derivatives linked to Alpha Bulgaria AD, traded on the Bulgarian Stock Exchange. The pilot transaction includes 5 million warrants valued at around €2.75 each, designated for tokenization through $REAL’s infrastructure under Factori AD’s custody and transfer-agent structure.
This transaction is just the beginning of a broader institutional pipeline, with Factori AD committing over $100 million in additional client assets for future tokenization through $REAL’s infrastructure.
The pilot project will be deployed on an EVM-compatible blockchain prior to the launch of $REAL Finance’s Layer 1 mainnet. The goal is to test the complete lifecycle of tokenized securities, including sourcing, OTC execution, custody, and settlement.
“There is a growing demand for regulated tokenization infrastructure that can connect traditional securities markets with blockchain-based settlement systems. Through this agreement with $REAL Finance, we can offer clients a compliant framework for bringing real financial instruments on-chain while upholding regulatory standards,” said Dimitar Tsvetanov.
$REAL Finance emphasizes its focus on tokenizing real financial instruments, such as equities, derivatives, private market shares, and bonds, rather than synthetic products. The company positions itself as the infrastructure and settlement layer, with brokers and issuers responsible for the underlying assets and regulatory compliance.
“By signing this agreement, we demonstrate that $REAL’s tokenization capabilities are operational with real securities and a regulated broker. This pilot allows us to validate the model before scaling to service our committed assets pipeline,” said Ivo Grigorov.
This agreement reflects the increasing interest in tokenized real-world assets among institutional players, as financial firms explore blockchain-based systems for securities settlement and asset servicing.