Platform Overview
Platform Overview
What Libertum is
Libertum is a regulated tokenization platform that lets asset owners convert off-chain assets — real estate, equity, debt, invoices, royalties, commodities — into compliant on-chain tokens, distribute them to investors through a marketplace, manage the resulting cap table, distribute dividends, and (where permitted) trade them on a secondary market. The same platform also provides asset managers with a structured workspace for tracking portfolios of off-chain or already-tokenized assets, with an optional bridge for taking those assets on-chain when the time is right.
The platform is multi-chain by design. On EVM, Libertum uses the ERC-3643 (T-REX) security-token standard, live on Base, Ethereum, Polygon, Arbitrum and BNB Smart Chain mainnets. On Cardano, CIP-20 native tokens are live on mainnet, and CIP-113 programmable security tokens are live on mainnet and preview, on the Cardano Foundation’s canonical CIP-113 deployment.
Three things distinguish Libertum from a generic issuance toolkit:
- Compliance is baked in, not bolted on. Identity, claim verification, country rules, hold times, and supply caps are enforced on every transfer by the token contract itself.
- A single product for issuers AND asset managers. Most competitors do one or the other. Libertum’s Asset Management Platform handles assets that may never tokenize, and connects (via the Tokenization Bridge) to the Issuer Platform when an asset becomes ready.
- Whitelabel everything. Issuers can run the whole investor and issuer platform under their own brand and custom domain, without operating any infrastructure of their own.
The three platforms at a glance
Libertum is one product surface, but functionally it is three distinct platforms that share a marketplace, an identity layer, and a compliance layer.
Investor Platform
For retail and accredited investors, institutional allocators, and family offices. Verify identity, connect a wallet, browse offerings, place primary orders (card, wire, stablecoin), receive tokens, view portfolio P&L, claim dividends and coupons, sign investment agreements, request redemptions, trade on the secondary market, and export transaction statements. Investors can also hold USDT and USDC in a platform-managed Custodian Wallet instead of (or as well as) their own self-custody wallet.
Issuer Platform
For asset owners, sponsors, fund managers, real estate operators, and corporates raising capital. Pass KYB, choose a subscription plan, run the Tokenization Wizard to configure an offering (asset class, token economics, compliance rules, documents, team), submit for admin approval, deploy the contracts, manage the cap table, declare and distribute dividends, force-transfer in compliance scenarios, require signed investment agreements with a full audit trail, run redemption windows and governance votes, and host a full whitelabel marketplace under their own brand.
Add-on modules for issuers
Three paid add-ons extend the Issuer Platform before and during a raise:
- Structuring (Status: Beta) — jurisdiction packs for El Salvador (CNAD/LEAD), the United States (Reg D / Reg S), the EU (MiCA / MiFID II) and the Cayman Islands (CIMA) that take an issuer from intake questionnaire to research, a generated document set, outside-counsel review and a one-click draft offering. The Cayman Islands pack is published after review by Cayman counsel and the others are drafts pending counsel review; Structuring is a drafting tool — it does not replace the issuer’s own counsel.
- Distribution Hub — an investor-relations workspace: investor and organisation records, pipeline, campaigns, introductions, communications and analytics, plus invitation links that let investors register straight into the issuer’s Hub.
- Libby AI — Libertum’s AI assistant. In the Distribution Hub it discovers and enriches potential investors and explains matches; in Structuring it pre-fills intake answers and runs research, with sources cited.
Asset Management Platform
For asset managers, fund administrators, real estate operating companies, and family offices managing multi-asset portfolios. Maintain a central registry of all managed assets (tokenized or not), track each asset across nine workspace tabs, run lifecycle workflows from acquisition to disposition, manage maintenance and operations, generate reports, and — when an asset is ready — invoke the Tokenization Bridge to convert it into an offering on the Issuer Platform.
Read the Asset Management Guide →
Funds
Status: Live — access by request. A separate Funds tab for fund administrators who serve one or many fund managers: operator mode, per-fund approvals, NAV packs validated and published on-chain with their SHA-256 hash, dealing for open-ended funds, private markets for closed-ended funds, three-way reconciliation, journals, enforcement and a developer platform. The administrator remains the NAV calculation agent and the transfer agent. Investors subscribe and redeem through the fund from their usual investor dashboard.
Two operational platforms behind the scenes
Two further platforms support the three above: an Admin Portal used by Libertum’s own platform operators (and authorised sub-admins), and a separate Transfer Agent app used by issuers’ designated transfer agents to approve investor wallets, maintain the cap table and review the transfer journal. They are described in the Issuer Guide.
Asset classes supported
Libertum supports eight asset classes in the canonical issuer wizard. Each has its own data model, document requirements, and tokenization-wizard step sequence (see the Issuer Guide).
| Asset class | Typical use | Distribution model |
|---|---|---|
| Real Estate | Fractional ownership of property — commercial, residential, multi-family, retail, hotel, industrial. | Rental income; monthly or quarterly distributions. |
| Equity | Tokenized share class of a private company. | Dividends + governance votes. |
| Equity Digital Asset | Native tokenized equity with detailed governance, vesting, and risk disclosures. | Dividends + governance votes. |
| Debt Digital Asset | Tokenized corporate debt, loans, or bonds. | Coupon payments + principal at maturity. |
| Invoice Factoring Fractionalisation | Tokenized trade-finance receivables / invoice pools. | Discounted face value at maturity. |
| Revenue Digitisation | Tokenized revenue streams — royalties, app revenue, music rights, SaaS revenue share. | Streaming revenue distribution. |
| Commodity Tokenization | Tokenized commodities — gold, oil, agricultural commodities. | Spot-pegged or NAV-pegged value, optional yield. |
| Bonding Token | Bonding-curve token with stablecoin reserve, where instant liquidity matters more than security-token compliance. | Buy/sell on bonding curve. Bonding-curve trading (B-DEX) is in preview and not yet live. |
The multi-chain story
Libertum supports three chain families in production today:
| Chain family | Mainnet | Testnets |
|---|---|---|
| EVM | ERC-3643 on Base, Ethereum, Polygon, Arbitrum and BNB Smart Chain; ERC-20 on Base and Ethereum; ERC-721 on Base | Base Sepolia, Ethereum Sepolia, Polygon Amoy, Arbitrum Sepolia, Avalanche Fuji, BNB Smart Chain Testnet |
| Cardano | CIP-20 native tokens; CIP-113 programmable tokens | Preview — CIP-20 and CIP-113 |
| XRPL | Issued Currency (trust-line) tokens; XLS-33 MPTs | — |
Why more than one. EVM gives Ethereum tooling, the most mature security-token standard, the deepest stablecoin liquidity (USDC, USDT) and the broadest wallet reach. Cardano gives a UTXO-model alternative with materially lower per-transaction fees and a formal-methods-friendly Plutus validator architecture. The XRP Ledger adds native issuer controls, low fees and RLUSD/USDC settlement.
What an investor sees. Investors don’t have to think about chains. Each offering declares its standard and chain. When connecting a wallet, the platform shows EVM wallets (RainbowKit + WalletConnect — MetaMask, Coinbase Wallet, Rabby, Rainbow, hardware) and Cardano wallets (CIP-30 — Eternl, Lace) in parallel. Investors who prefer not to manage a wallet can use the Custodian Wallet.
What an issuer sees. In the Tokenization Wizard, the issuer picks a token standard and chain. The platform routes the deployment to the appropriate chain’s deployment service.
CIP-113 on Cardano. CIP-113 programmable security tokens have been live on Cardano mainnet since 5 October 2026, and are also available on preview, on the Cardano Foundation’s canonical CIP-113 v0.0.1 core. Cardano mainnet therefore supports both CIP-20 (non-permissioned native tokens) and CIP-113.
XRPL. XRPL is live on mainnet and selectable in the Tokenization Wizard, as an Issued Currency (trust line) or an XLS-33 MPT; DEX trading of MPTs waits on the MPTokensV2 amendment. The platform handles XRPL accounts, on-ledger credentials, trust-line authorisation and reserve management. Investors pay XRPL offerings in RLUSD or USDC and are never charged gas for XRPL transactions.
Regulatory & compliance posture
Licences held by Libertum group entities
| Licence / registration | Holder | Regulator & jurisdiction |
|---|---|---|
| Digital Asset Service Provider (DASP), registry entry PSAD-0094, resolution ref. CNAD-CD-477-2026, granted 31 August 2026 | Libertum, S.A. de C.V. | CNAD, El Salvador |
| Bitcoin Service Provider (BSP), registered 7 October 2024 | Libertum, S.A. de C.V. | Government of El Salvador |
| Money Services Business (MSB) registration no. 31000312444528 | Libertum LLC | FinCEN, United States |
| Commercial licence (real estate) no. 1374511 | Al Xolame Assets Real Estate L.L.C | Dubai Department of Economy and Tourism, UAE |
The DASP licence authorises Libertum, S.A. de C.V. to provide custody, exchange, transfer and receipt and transmission of client orders for USDT and USDC, under Article 19 (a), (d) and (f) 1–2 of El Salvador’s Ley de Emisión de Activos Digitales; custody of RLUSD has since been approved by the CNAD. Libertum, S.A. de C.V. is a supervised entity with quarterly reporting to the CNAD from Q3 2026.
What it does not do: it does not authorise any issuance — each issuer and each issuance registers separately with the CNAD — it does not cover the promotion, structuring or management of investment products, and it has effect in El Salvador only, with no passporting rights. Customers still need their own authorisations in their own jurisdictions.
Compliance enforced in code
Libertum enforces the following compliance constraints in code, not just in documentation:
- KYC for individual investors — performed via SumSub. Investors cannot place a primary order until their KYC status is APPROVED.
- KYB for issuers — same provider, business flow. Issuers cannot publish an offering until KYB is APPROVED.
- Wallet whitelisting — even after KYC, an investor’s specific wallet address must be approved per offering before tokens can be allocated to it.
- Jurisdiction rules — a platform-wide country restriction list, plus per-offering Country Allow and/or Country Restrict modules. Transfers to wallets in non-allowed jurisdictions are rejected at the contract level.
- Investment limits — every offering sets a minimum and a maximum investment, checked when the order is placed.
- Hold time — each offering can configure a minimum hold period (e.g. 365 days post-mint).
- Supply cap — each offering has a hard cap on total supply enforced on chain.
- Maximum holder balance — optional per-investor cap (a standard concentration tool).
- Signed agreements with an audit trail — where an offering requires it, investors sign with an email one-time code, and each signature carries hashes, a certificate ID and a Libertum seal.
What Libertum does not do: Libertum is a technology provider, not a broker-dealer. Securities-law obligations remain with the issuer and their counsel. Libertum does not provide tax advice; tax classification and filing remain the investor’s responsibility.
See Compliance Enforcement for the full licence register, what each licence does and does not cover, and the full enforcement chain.
Stablecoins & settlement
Libertum settles primary and secondary markets in stablecoin or fiat:
- USDC and USDT on EVM — paid into the offering’s Escrow contract and settled to the issuer.
- RLUSD and USDC on the XRP Ledger — verified on-ledger, paid from the investor’s own XRPL wallet with a destination tag or from their custodian balance; some XRPL Issued Currency offerings settle atomically (delivery-versus-payment). USDT is not accepted on XRPL (there is no native Tether on XRPL).
- Custodian Wallet balance — investors can deposit USDT and USDC into a platform-managed Custodian Wallet (custody provided by Libertum, S.A. de C.V. under PSAD-0094; RLUSD can also be held in XRPL custodian wallets, and custody of RLUSD has been approved by El Salvador’s CNAD under Libertum’s DASP registration (PSAD-0094)), use it for secondary-market settlement and redemption payouts, and withdraw to saved addresses. Investors can also pay for a primary order directly from their custodian balance: network fees are sponsored for the investor and billed to the offering’s issuer.
- Bank wire to issuer-published accounts, with an on-platform mark-received workflow on both sides.
- Card via Stripe. Libertum fees are invoiced to the issuer monthly (see Libertum invoices).
- Cardano stablecoin / native settlement for Cardano-side offerings.
- T-Pay (Status: Limited) — a fiat on/off-ramp powered by Bridge.xyz for moving between bank money and stablecoins.
Libertum also offers Stablecoin Studio, a separate product for tenant-branded stablecoin issuance — useful for ecosystems where the issuer wants a branded settlement asset.
Whitelabel options
The Whitelabel Platform gives an issuer or asset manager a full investor / issuer marketplace under their own brand, on a custom subdomain or custom domain. The tenant’s offerings are featured prominently, alongside offerings hosted from other tenants through the Ecosystem Directory; the tenant can have their own admin team. It is included with Issuer Starter, Issuer Growth, AM Starter, AM Pro and Enterprise plans.
The older single-offering Whitelabel Shopfront is deprecated and no longer offered to new issuers.
See the Issuer Guide for setup walkthroughs.