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Eligibility file · Stock

RealUnit Shares (REALU: RealUnit Schweiz AG’s registered shares as Swiss ledger-based securities on Ethereum)

What the client owns
RealUnit Schweiz AG registered shares (Namenaktien, CHF 1.00 nominal), one token per share; not the bearer shares listed on BX Swiss (ISIN CH1129911108), which trade as a separate class. Issuer direct: The on-chain record is the securityholder file; the holder is the registered owner.
Who may hold it
Not offered to US persons. First purchase minimum not stated. The company’s legal notice addresses its documents only to residents of Switzerland, Germany, Austria and Liechtenstein, bars the United States, Japan, Canada, New Zealand and Australia, and says the shares are not registered under the US Securities Act. A wallet can receive tokens without any check while the allowlist is off; the company sells through its app, and the Registration Agreement obliges every holder to register as a shareholder soon after acquiring tokens. No minimum is stated; one token is one share and tokens are not divisible. Trades above CHF 100,000 must be arranged with the company first.
Who can freeze or claw back
Ethereum: can freeze a holder, gate who may hold, mint. Owner key: a contract.
How it exits
Secondary market only; no issuer redemption. No redemption. Holders sell through the company’s Brokerbot (0xcb3a03c5ed8bbc8b7040da9ceb459a9736aea30d), where RealUnit Schweiz AG is the counterparty, settled in Frankencoin (ZCHF); on 23 September 2026 it quoted ZCHF 1.23 a share both ways against an indicative NAV of CHF 1.33, and held no REALU and no ZCHF of its own at block 26042814. The RealUnit app charges 1% on a sale. Tokens cannot be converted into the listed bearer shares.. Settles in ZCHF, CHF.

Research and shelf status are on the memo: RealUnit Shares (REALU) Adverse research finding

Issuer
RealUnit Schweiz AG (Baar, Switzerland; CHE-153.894.905), a Swiss investment company whose bearer shares are listed on BX Swiss; it issues the tokens and is the counterparty on its Brokerbot; Aktionariat AG (Erlenbach) is technical partner and keeps the share register
Registration
Other
Official record
RealUnit Schweiz AG (share register kept by Aktionariat AG; the token contract is the ledger-based securities register)
Instruments
REALU
Chains
Ethereum
Reviewed
2026-09-23 · v1
Next review
2027-03-23

Who may buy, hold, transfer, and redeem

Each answer rests on the issuer’s own words, quoted from the document named under it. Ketju re-reads each document and records whether the words are still there. Where the documents say nothing, the row says so.

What the holder owns

Each token is one RealUnit Schweiz AG registered share in the form of a Swiss ledger-based security.

“Form Ledger-based securities as defined in article 973d ss. of the Swiss Code of Obligations (”CO”).”

RealUnit Schweiz AG, Registration Agreement, version 3 March 2026 (English; the German version prevails) · Section 1, General Information · words found 2026-09-23

Who may hold it

The company addresses its documents only to residents of Switzerland, Germany, Austria and Liechtenstein, and bars the United States among other countries.

“Die Dokumente richten sich nur an Personen mit Wohnsitz in der Schweiz, Deutschland, Österreich und Liechtenstein.”

RealUnit: RealUnit kaufen (share versus token) and legal notice · Wichtige rechtliche Hinweise für Investoren (legal notice) · words found 2026-09-23

First purchase minimum

No minimum is stated; one token is one share, and trades above CHF 100,000 must be arranged with the company.

Not stated in RealUnit Schweiz AG, Registration Agreement, version 3 March 2026 (English; the German version prevails), RealUnit: Aktientoken page and FAQ, RealUnit: RealUnit kaufen (share versus token) and legal notice, RealUnit Schweiz AG investor page (hosted by Aktionariat).

Account types

Every holder agrees to register with the company as a shareholder soon after acquiring tokens.

“Share Token Holders hereby acknowledge and agree to register with the Issuer as shareholders within a short period after acquiring, or receiving, their Share Tokens.”

RealUnit Schweiz AG, Registration Agreement, version 3 March 2026 (English; the German version prevails) · Section 6, Shareholder Registration · words found 2026-09-23

Who it may be transferred to

Transfers are free today, but the contract has an allowlist the company may switch on, and then transfers go only to addresses it has approved.

“the technical transfer of Share Tokens may be subject to the target address being allowlisted, thereby technically preventing transfers to addresses that have not been previously approved by the Issuer.”

RealUnit Schweiz AG, Registration Agreement, version 3 March 2026 (English; the German version prevails) · Section 4, Transfer of Share Tokens · words found 2026-09-23

How a holder redeems

No redemption; holders sell on the company’s trading page, where RealUnit Schweiz AG itself is the counterparty (in German: “The counterparty is RealUnit Schweiz AG”).

“Wer verkauft die RealUnit-Aktientoken auf dem Handelsplatz der Webseite? Die Gegenpartei ist die RealUnit Schweiz AG.”

RealUnit: Aktientoken page and FAQ · FAQ, Fragen zum RealUnit-Token · words found 2026-09-23

Who keeps the official record

The contract records who holds the share; the company keeps a separate share register, and only persons entered in it may vote or take dividends.

“Only persons registered in the Share Register are entitled to the rights as a shareholder, such as voting and dividend rights.”

RealUnit Schweiz AG, Registration Agreement, version 3 March 2026 (English; the German version prevails) · Section 6, Shareholder Registration · words found 2026-09-23

What the issuer says it can freeze or take back

The allowlist is off today; the owner key can switch it on and mark addresses forbidden, and can cancel a pending recovery claim.

“The allowlist function is deactivated at the time of adoption of this Agreement.”

RealUnit Schweiz AG, Registration Agreement, version 3 March 2026 (English; the German version prevails) · Section 1, Smart Contract · words found 2026-09-23

FactWhat the file records
Who onboards the holderNo onboarding
Voting rightsYes
Distributionscash
SIPC coverage of the walletNo

Who can change the record

Powers read from the deployed contracts and their verified source: the token and every contract it consults on transfer. A power recorded here is the issuer’s ability, not evidence it has been used.

ChainFreeze a holderPauseClaw backGate holdersChange the codeKeys held by
EthereumYesNoNoYesNoOwner key: a contract.

Who holds the keys

Every current holder of each power, read from the chain on 2026-09-23. A single key is one private key: whoever holds it acts alone. A multisig needs the stated number of signers. A timelock makes every action wait, so holders can see it coming.

ChainKeyWhat it can doHeld byAddress
EthereumOwnergrant and revoke these powers, mint new tokensa contract0x66e1…0cd7
Ethereum: 1 contract read at block 26042802, 3 functions in verified source, 2026-09-23
Read from the chain
  • owner()=0x66e17bb356d4f86da1feae8c449db0ded8ca0cd7
Read from verified source

Where it trades

VenueKind
RealUnit app and Brokerbot (RealUnit Schweiz AG as counterparty; technology by Aktionariat)issuer primary

No Tokenized Securities Venue lists this token. Secondary trading, if any, is outside the exemption.

How it exits

PathSettlementSettles in
Secondary market only; no issuer redemptionNo redemption. Holders sell through the company’s Brokerbot (0xcb3a03c5ed8bbc8b7040da9ceb459a9736aea30d), where RealUnit Schweiz AG is the counterparty, settled in Frankencoin (ZCHF); on 23 September 2026 it quoted ZCHF 1.23 a share both ways against an indicative NAV of CHF 1.33, and held no REALU and no ZCHF of its own at block 26042814. The RealUnit app charges 1% on a sale. Tokens cannot be converted into the listed bearer shares.ZCHF, CHF

What the monitor reads daily

Every control function in the table above and the contracts the token consults on transfer; the token’s on-chain supply against yesterday’s; and its market quote against yesterday’s quote, since a fund of this kind accrues a few basis points a day. Every document quoted above is re-read too, and a quote that leaves its document reopens the file. A change opens a review item in the governance queue and reopens the file before any client action.

Sources

The file is public. The subscription checks it against each of your households and watches it daily. $49 per advisor per month, first 14 days free. Start the trial.