Security Token Offerings · Real assets · CNMV
HyperSTO turns real estate, gold, diamonds or energy into security tokens and takes them to market with CNMV authorisation. We structure, issue and market your STO end to end.
Our rule
We don’t launch cryptocurrencies or promises. Every token that leaves HyperSTO represents a right over something that exists and can be appraised, audited and held in custody: a building, a gold bar, a diamond, a solar plant. Blockchain doesn’t replace the asset: it makes it divisible, traceable and accessible.
How an asset is tokenized
Asset
It all starts with something that exists. We assess the viability of the asset and the issuer: ownership, encumbrances, cash flows and fit with investor appetite.
Due diligence
Appraisal by an independent expert, legal and financial review and technical certifications. Every figure the investor sees is documented and traceable.
Legal structure
We design the vehicle and the instrument (shares, bonds or participating loan), prepare the documentation and obtain from the CNMV the authorisation the project needs, with the token registered by an ERIR.
Issuance
We deploy the security token smart contract with a KYC whitelist, transfer rules and an immutable record. Every block is an entry nobody can alter.
Distribution
The asset is split into affordable fractions and goes to market through an investor portal under your brand: digital onboarding, KYC/AML, payment and automatic distribution of returns.
Regulation
You don’t need a licence of your own: HyperSTO obtains from the CNMV, for your project, the authorisations each issuance requires. Before issuing we classify every token under the right regime: a security token is a financial instrument; a pure crypto‑asset falls under MiCA. That analysis is the difference between a solid issuance and a problem.
Spanish Securities Market Commission
Spain’s Law 6/2023 on Securities Markets recognises securities represented on blockchain. The token is registered through an ERIR (entity responsible for registration) and the offer is published with the prospectus or document required by its size and audience.
Regulation (EU) 2023/1114
Applicable across the EU since 30 December 2024. It governs crypto‑assets that are not financial instruments (asset‑referenced, e‑money and other tokens). We determine whether your token is a security or a crypto‑asset and apply the right framework, including the DLT Pilot Regime where relevant.
Bank of Spain
Anti‑money‑laundering (Law 10/2010) with KYC/AML identification of every investor, and coordination with entities supervised by the Bank of Spain for collections, cash custody and, where the project requires it, e‑money tokens.
Real case · First in Spain
In February 2025 the CNMV authorised Spain’s first tokenized issuance: Dianelum, a distributor of lab‑grown diamonds made with renewable energy. Sede Blockchain, the company behind HyperSTO, designed and delivered the entire digital product.
Authorised by the CNMV · February 2025
0tokens of €5,000
What can be tokenized
Illustrative examples. Indicative figures, not an offer.
01 / 03 · Commodities
1 kg bars held in a vault and audited every quarter. Depending on the structure, the token is a security (gold‑backed note) or an asset‑referenced crypto‑asset under MiCA.
Illustrative example
02 / 03 · Energy
The plant issues a tokenized bond to fund its construction. The coupon is paid every six months from energy sales and each investor sees in real time how many kWh their fraction produces.
Illustrative example
03 / 03 · Real estate
The company that owns the building tokenizes its shares. Investors receive their share of the rent every quarter and can transfer their tokens between verified investors.
Illustrative example
Tokenization calculator
Adjust your asset’s value, the share you want to tokenize and the price per token. You’ll instantly see the issuance, the fractions and the indicative regulatory route.
Offer below €8M: it may qualify for a prospectus exemption with an information document, subject to case analysis.
Each 3D coin = 9 tokens
I want to launch this issuanceIndicative calculation. The final structure, thresholds and documentation depend on the asset, the instrument and the investors the offer targets.
For issuing companies
A well‑structured STO opens your project to investors who would never have reached you, with the safeguards of a regulated market.
Raise capital tailored to your asset, without giving up control of the company unless you want to.
Tickets from €100 and 100% digital onboarding: your customers and community can invest too.
Fractions can be transferred between verified investors under the issuance rules.
Holder registry, return payments and communications from a single dashboard.
Every movement is recorded on blockchain and verifiable by investors and auditors.
White‑label investor portal with your domain, your look and your languages.
Technology
HyperSTO is a product of Sede Blockchain, the Barcelona company that designed and delivered the digital product behind Spain’s first tokenized issuance. We build and run the entire digital layer: contracts, platform, custody and integration with regulated entities.
FAQ
A Security Token Offering is an offer of securities (shares, bonds, participating loans…) represented as tokens on a blockchain. It carries the same legal safeguards as a traditional security, but it is issued, recorded and transferred digitally.
No. HyperSTO obtains from the CNMV, for your project, the authorisations each issuance requires and coordinates the necessary entities (ERIR, custody, payments). You bring the asset; we bring the structure, the technology and the regulatory process.
Real assets that can be valued and verified: real estate, precious metals, diamonds and other luxury goods, renewable energy plants, corporate debt, receivables or company shares. If there is no real asset behind it, we don’t issue it.
It depends. If the token is a financial instrument (the usual case in an STO) it is governed by securities law —Law 6/2023 and MiFID II— not MiCA. If it is a crypto‑asset, for example one referenced to gold without being a security, MiCA applies. We analyse this at the start of every project.
It depends on the asset, the instrument and the type of authorisation. The technology is ready; timing is driven by due diligence, documentation and the regulator’s review. In the first meeting we give you a realistic timeline.
Each issuance defines it: it can target retail investors, professionals or both, in Spain or abroad. Tickets can start at low amounts, such as €100, and every investor goes through KYC/AML.
The asset stays with the issuing vehicle or in third‑party custody (vault, depositary), with periodic audits. At Dianelum, for example, the issuer keeps diamonds in stock worth the equivalent of the subscribed principal.
HyperSTO is a product of Sede Blockchain, a Barcelona company specialising in enterprise blockchain, also the maker of HyperGalax and HyperNifty, and responsible for the digital product behind the first tokenized issuance authorised by the CNMV in Spain.
Let’s start
We’ll reply within 48 business hours with a first viability assessment: instrument, regulatory route and next steps. No commitment.