Anchored aStocks (trust receipts by Anchored Capital Ltd, BVI, over Anchored Finance SPC fund shares; ”a” tickers)
Base aBIL: can change the code (allowlist, freeze, pause, clawback unverified).
Arbitrum aBIL: can change the code (allowlist, freeze, pause, clawback unverified).
Monad aBIL: can change the code (allowlist, freeze, pause, clawback unverified).
Research and shelf status are on the memo: Anchored aStocks (Anchored Capital Ltd, BVI) Adverse research finding
Other programs tokenize the same securities. Every version side by side: BIL, HOOD, AAPL, NVDA, MSFT, GOOGL, META, ASML.
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
A token from Anchored Capital that stands for a beneficial entitlement, under a bare trust, to fund shares that hold the stock or ETF; not the share.
“A holder owns a token issued by Anchored Capital Ltd representing a beneficial entitlement, under a bare trust, to underlying fund shares, which in turn provide economic exposure to the corresponding underlying stock or ETF.”
Anchored docs: FAQs · Tokenized stocks: What do I own when I hold an Anchored tokenized stock? · words found 2026-09-23
- Who may hold it
Professional and qualified investors outside the United States and mainland China, after KYC or KYB; US persons may not acquire or redeem.
“Persons located in, transacting from, or classified as ”U.S. persons” (as defined under Regulation S of the U.S. Securities Act), or acting for the benefit of a U.S. person, are prohibited from acquiring or redeeming Anchored tokens.”
Anchored docs: Eligibility · Additional U.S.-related restriction · words found 2026-09-23
- First purchase minimum
A first direct mint must be at least $100,000 in USDC; the fee schedule gives USD 90 directly and USD 1 through partners.
“The minimum amount to mint tokenized stocks is $100,000 USDC. After the first mint, there is no consequent minimum minting amount.”
Anchored docs: Investment & Redemption · What is the minimum investment amount? · words found 2026-09-23
- Account types
Individual accounts for professional investors, and entity accounts for institutions, companies and trusts.
“For professional investors acting in their personal capacity”
Anchored docs: How to Onboard · Step 3, Choose Your Account Type · words found 2026-09-23
- Who it may be transferred to
Freely transferable on chain, but administrators can pause transfers, mints and redemptions.
“Anchored tokenized stocks and fund shares are freely transferable on their deployed chains. Administrators can pause transfers during emergencies.”
Anchored docs: Anchored Tokens (contract list) · Are Anchored tokenized stocks transferable? · words found 2026-09-23
- How a holder redeems
Anchored burns the token, sells the stock and pays net proceeds in USDC, during market hours and subject to checks.
“the corresponding underlying stock is sold, and net proceeds are returned to the user in the supported payout currency, subject to fees, liquidity, market hours, partner rules and compliance checks.”
Anchored docs: FAQs · How does redemption of tokenized stocks work? · words found 2026-09-23
- Who keeps the official record
No published document says who keeps the register of entitlements or whether a transferee is recognised; the token terms are only inside the gated app.
Not stated in Anchored docs: FAQs, Anchored docs: Anchored Tokens (contract list), Anchored docs: Overview, Anchored Labs Ltd: Terms of Use (August 2026).
- What the issuer says it can freeze or take back
Anchored may restrict transfers, pause activity and freeze addresses; on chain a compliance contract with a denylist sits in the transfer path.
“Certain Anchored tokenized products may include compliance controls that restrict transfers, pause activity, freeze addresses or block prohibited transactions”
Anchored docs: FAQs · Can Anchored restrict transfers? · words found 2026-09-23
| Fact | What the file records |
|---|---|
| Who onboards the holder | issuer |
| Voting rights | None |
| Distributions | cash |
| SIPC coverage of the wallet | No |
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.
| Token | Chain | Freeze a holder | Pause | Claw back | Gate holders | Change the code | Keys held by |
|---|---|---|---|---|---|---|---|
| aBIL | Ethereum | Unverified | Unverified | Unverified | Unverified | Yes | |
| aBIL | Base | Unverified | Unverified | Unverified | Unverified | Yes | |
| aBIL | Arbitrum | Unverified | Unverified | Unverified | Unverified | Yes | |
| aBIL | Monad | Unverified | Unverified | Unverified | Unverified | Yes |
Ethereum aBIL: 2 contract reads at block 26042796, 0 functions in verified source, 2026-09-23
- eip1967.beacon=0xfe296a422b74cb22bb3c507311f0663fd0d95dd8
- 0xfe296a422b74cb22bb3c507311f0663fd0d95dd8.implementation()=0x45ad0f7eb547b041cdf97e201566e194f36070f5
Base aBIL: 2 contract reads at block 51704417, 0 functions in verified source, 2026-09-23
- eip1967.beacon=0xfe296a422b74cb22bb3c507311f0663fd0d95dd8
- 0xfe296a422b74cb22bb3c507311f0663fd0d95dd8.implementation()=0x45ad0f7eb547b041cdf97e201566e194f36070f5
Arbitrum aBIL: 2 contract reads at block 508243497, 0 functions in verified source, 2026-09-23
- eip1967.beacon=0xfe296a422b74cb22bb3c507311f0663fd0d95dd8
- 0xfe296a422b74cb22bb3c507311f0663fd0d95dd8.implementation()=0x016e914ca9fb01c06afe0f1157e8e05bf5b5d9e6
Monad aBIL: 2 contract reads at block 107426173, 0 functions in verified source, 2026-09-23
- eip1967.beacon=0xfe296a422b74cb22bb3c507311f0663fd0d95dd8
- 0xfe296a422b74cb22bb3c507311f0663fd0d95dd8.implementation()=0x45ad0f7eb547b041cdf97e201566e194f36070f5
Where it trades
| Venue | Kind |
|---|---|
| Anchored dApp (app.anchored.finance), operated by Anchored Capital Ltd | issuer primary |
| Partner exchanges and wallets integrated through the Anchored API (not named in the docs) | exchange |
How it exits
| Path | Settlement | Settles in |
|---|---|---|
| Redeem with the issuer in its window | An onboarded holder redeems in the Anchored app: Anchored burns the token, sells the underlying stock through its broker and pays net proceeds in USDC. Redemption follows US market hours (the docs say 24/5 for trading), is subject to fees, liquidity, partner rules and compliance checks, and is not always instant. The investment page gives a $10 minimum; the fee schedule gives USD 90 directly and USD 1 through partners. | USDC |
| Secondary market only; no issuer redemption | A holder without an Anchored account can only sell the token to someone else, on a partner exchange (unnamed in the docs) or on chain. | USDC |
- The beacon 0xfe296a422b74cb22bb3c507311f0663fd0d95dd8 points to a new implementation on any chain (its owner, 0x0cb7d20d…, answers to the single key 0xcb438964…)
- Anchored publishes the Terms of Service, token terms or offering memorandum, or verifies the token, factory or compliance contract source
- An address is added to the compliance contract’s denylist, or the factory pauses a token
- Anchored names the US broker-dealer and custodian, or the proof-of-reserves report shows fewer shares than tokens
- The minimum or the list of prohibited jurisdictions changes, or the tokens open to US persons
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. 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
- Anchored docs: Anchored Tokens (contract list) · primary · accessed 2026-09-23
Supports: one address per asset on Ethereum, Monad, Base and Arbitrum, aBIL 0x4FC5…576f and the other seven addresses, freely transferable; administrators can pause transfers, mints and redemptions, 18 decimals - Anchored docs: FAQs · primary · accessed 2026-09-23
Supports: Anchored Capital Ltd (BVI) issuer, Anchored Finance SPC (Cayman, CIMA-registered) fund vehicle, beneficial entitlement under a bare trust to fund shares, no voting rights, may restrict transfers, pause, freeze addresses, redemption sells the stock and pays net proceeds, not for US persons or mainland China - Anchored docs: Overview · primary · accessed 2026-09-23
Supports: receipt for a beneficial entitlement under a bare trust, US broker-dealer with direct clearing membership, non-US professional investors, no direct legal claim against the underlying issuer - Anchored docs: Eligibility · primary · accessed 2026-09-23
Supports: professional and qualified investors, prohibited jurisdictions incl. United States and Canada, Reg S US persons may not acquire or redeem - Anchored docs: How to Onboard · primary · accessed 2026-09-23
Supports: individual and entity accounts, KYC or KYB before minting - Anchored docs: Investment & Redemption · primary · accessed 2026-09-23
Supports: $100,000 USDC first mint, $10 minimum redemption, burn and USDC payout, redemptions not always instant - Anchored docs: Fees & Taxes · primary · accessed 2026-09-23
Supports: mint fee 10 bps, withdrawal fee 21 bps, USD 90 minimum direct, USD 1 via partners - Anchored docs: Corporate Actions · primary · accessed 2026-09-23
Supports: dividends paid in USDC net of taxes and fees - Anchored docs: Trust & Transparency · primary · accessed 2026-09-23
Supports: Accountable proof of reserves every 15 minutes - Anchored Labs Ltd: Terms of Use (August 2026) · primary · accessed 2026-09-23
Supports: app governed by separate Terms of Service of Anchored Capital Ltd, tokens are not the underlying shares, governing documents prevail