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Eligibility file · Stock

wemakeit AG shares (WMKT: a Swiss crowdfunding platform’s registered shares as ledger-based securities on Ethereum)

What the client owns
wemakeit AG registered shares (Namenaktien) without transfer restrictions; one indivisible token per share. Issuer direct: The on-chain record is the securityholder file; the holder is the registered owner.
Who may hold it
US retail investors. First purchase minimum not stated. State coverage not confirmed by the issuer. The registration agreement sets no transfer restriction and no investor test. Any person, legal or natural, who can show control of a token may ask to be entered in the share register. Only registered holders may vote or take dividends. wemakeit may refuse registration only under transfer restrictions in its articles, and the agreement lists none. The investor page calls any direct sale a Swiss primary offering under the Financial Services Act. Nothing in the documents addresses US securities law, so a US buyer relies on no stated exemption. The documents state no minimum; one token is one share.
Who can freeze or claw back
Ethereum: can mint. A contract holds the owner key.
How a holder redeems
Secondary market only; no issuer redemption. No redemption. Holders sell on wemakeit’s on-chain order book against Frankencoin (ZCHF), settled atomically. On 23 September 2026 the lowest ask was ZCHF 0.85 and the highest bid ZCHF 0.10, a spread of 88%. The investor page showed an issuer-defined price of CHF 8.38 on the same day. Settles in ZCHF.

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The verdict is on the memo: wemakeit AG shares (WMKT) Not approved

Issuer
wemakeit AG (Zürich, Switzerland; CHE-260.625.831); issues the shares and runs the secondary order book; Aktionariat AG supplies the token contract and keeps the share register on wemakeit’s behalf
Registration
Other
Official record
wemakeit AG (keeps an off-chain share register, maintained by Aktionariat AG; the token contract is the ledger-based securities register)
Instruments
WMKT
Chains
Ethereum
Reviewed
2026-09-23
Next review
2027-03-23

Eligibility

Each answer quotes the issuer’s own words from the document named under it. Ketju reads each document again and records whether the words are still there. Where the documents say nothing, the row states that.

What the holder owns

Each WMKT is one wemakeit AG registered share in ledger-based form; there are no transfer restrictions.

“Registered shares (Namenaktien) of the Issuer without transfer restrictions (Vinkulierung)”

wemakeit AG, Registration Agreement V2.2 (2022-03-29) · Section 1, General Information: Instrument · words found 2026-09-23

Who may hold it

The terms name no excluded country or investor class; wemakeit may refuse registration only under transfer restrictions in its articles, and it has none.

“The Issuer may only refuse the registration in the Share Register in case of transfer restrictions set out in the articles of association (Vinkulierung), if any.”

wemakeit AG, Registration Agreement V2.2 (2022-03-29) · Section 5, Shareholder Registration · words found 2026-09-23

First purchase minimum

The documents state no minimum; one token is one share.

Not stated in wemakeit AG, Registration Agreement V2.2 (2022-03-29), wemakeit AG investor page (Aktionariat technology).

Account types

Any person or company that controls a token may register.

“Any person, legal or natural, that can demonstrate the power to dispose over a Share Token, can request the registration in the Share Register”

wemakeit AG, Registration Agreement V2.2 (2022-03-29) · Section 5, Shareholder Registration · words found 2026-09-23

Who it may be transferred to

Holders transfer WMKT freely on chain; any transfer of control of the token transfers the share.

“Any action that technically transfers the direct or indirect power of disposal of the Share Token to the new Share Token Holder constitutes a transfer.”

wemakeit AG, Registration Agreement V2.2 (2022-03-29) · Section 4, Transfer of Share Tokens · words found 2026-09-23

How a holder redeems

Holders cannot redeem. They sell on wemakeit’s own order book, which is not a supervised venue.

“The secondary trading facilitated herein is considered a non-commercial trading facility operated by wemakeit under the Financial Market Infrastructure Act and is therefore not subject to prudential supervision.”

wemakeit AG investor page (Aktionariat technology) · Terms of Use: Secondary Trading · words found 2026-09-23

Who keeps the official record

The token contract is the ledger-based register; wemakeit 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).”

wemakeit AG, Registration Agreement V2.2 (2022-03-29) · Section 5, Shareholder Registration · words found 2026-09-23

What the issuer says it can freeze or take back

No freeze, pause or issuer clawback. A claimant who posts collateral can recover tokens from an address inactive for 180 days, unless the holder opted out; the issuer may only cancel such a claim.

“As a further fallback to prevent abuse, the Issuer is given the power to cancel a pending token recovery, thereby preventing the recovery from completing.”

wemakeit AG, Registration Agreement V2.2 (2022-03-29) · Section 8, Loss of Tokens · words found 2026-09-23

FactAnswer
Who onboards the holderNo onboarding
Voting rightsYes
Distributionscash
SIPC coverage of the walletNo

Who controls it

Ketju read these powers from the deployed contracts and their verified source code: the token and every contract it checks on a transfer. A power listed here is something the issuer can do; it does not mean the issuer has used it.

ChainFreeze a holderPauseClaw backGate holdersChange the codeKeys held by
EthereumNoNoNoNoNoA contract holds the owner key.

Who holds the keys

Ketju read every current holder of each power from the chain on 2026-09-23. A single key is one private key, and whoever holds it acts alone. A multisig needs the stated number of signers. A timelock delays every action, so holders can see it before it takes effect.

ChainKeyWhat it can doHeld byAddress
EthereumOwnergrant and revoke these powers, mint new tokensa contract0x6404…2dfe
Ethereum: 1 contract read, 1 function in verified source, 2026-09-23
Read from the chain
  • owner()=0x6404a242e794afa894804fdbda19217a1fdf2dfe
Read from verified source

Where it trades

VenueKind
wemakeit secondary order book (Aktionariat technology; non-commercial trading facility, settled in ZCHF)dex

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

Redemption

RouteSettlementSettles in
Secondary market only; no issuer redemptionNo redemption. Holders sell on wemakeit’s on-chain order book against Frankencoin (ZCHF), settled atomically. On 23 September 2026 the lowest ask was ZCHF 0.85 and the highest bid ZCHF 0.10, a spread of 88%. The investor page showed an issuer-defined price of CHF 8.38 on the same day.ZCHF

Daily checks

Every day Ketju reads each control function in the table above and the contracts the token checks on a transfer. Ketju compares the token’s on-chain supply with yesterday’s, and its market quote with yesterday’s quote, since a fund of this kind accrues a few basis points a day. Ketju also reads every document quoted above and reviews the file again if a quoted passage disappears from its document. Ketju counts a new, removed, or changed key as a change only when the chain’s own log shows the grant, revocation, or signer change since yesterday. If the log does not show it, Ketju updates the key list in this file and does nothing more. A change opens a review before any client action. Subscribers get an email that names each of their clients who hold the token, with the household result.

File history

Ketju has not revised this file since filing it. If Ketju revises it, the earlier version stays as published, with the reason.

DateChange
2026-09-23Filed.

Sources

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