Weapon 04 · DEX Listing

DEX LISTING 24/7 GLOBAL TRADING ON SOLANA.

Institutional market making. Regulatory infrastructure by Securitize. Trading that never closes.

24/7 Global Trading

THE DEX OPPORTUNITY, AT A GLANCE

Solana's leading DEX aggregators already move billions in volume every month.

$64BMonthly swap volume

Aggregated across Solana DEXs.

86.4%Aggregator share

Of all Solana DEX volume.

500K+Active monthly traders

A market you have never reached.

$2.2M/wkFees at peak

Generated across the ecosystem.

The Problem

LIMITED MARKET ACCESS & HOURS

Traditional exchanges cap your market access, your hours, and your investor base.

Trading Hours

9:30am–4:00pm ET only.

Trading Days

5 days per week.

Investor Base

Primarily US-only.

Settlement

T+1 (next day).

Intermediary Costs

5–20 bps per trade.

Access Barriers

Brokerage accounts, minimums, and KYC required at every venue.

Prime Broker Deposits

Many small-cap stocks can't even be deposited with a prime broker. When they can, expect high custody costs plus deposit and trading limits.

You're missing 70% of potential trading hours (16 hours/day × 7 days = 112 hours vs. 32.5 exchange hours). Billions of potential investors — DeFi-native, global retail, crypto funds — have zero access to your stock.

The Opportunity

THE DEX OPPORTUNITY

Everything traditional exchanges restrict, DeFi unlocks.

24/7/365 Trading

Not limited to exchange hours — trade any time, any day.

Global Access

Anyone with internet access can trade — no brokerage required.

T+0 Settlement

Instant settlement, not next-day.

Lower Fees

0.1–0.3% swap fees vs. 5–20 bps on traditional venues.

Programmable Liquidity

AMMs provide continuous, on-chain quotes.

DeFi-Native Investors

An entirely new investor base your stock has never reached.

Non-Custodial

Investors control their own assets at all times.

Peer-to-Peer Transfers

Send shares wallet-to-wallet, instantly, with no intermediary.

The Solution

DEX LISTING OVERVIEW

A three-part structure: Securitize (regulatory) + an institutional market maker + a Solana DEX aggregator.

Securitize
  • Regulatory wrapper
  • FINRA broker-dealer + ATS
  • KYC / AML
  • Transfer agent
Market Maker
  • Proprietary AMM market making
  • On-chain liquidity provisioning
  • 24/7 liquidity
  • Cross-market arbitrage
DEX Aggregator
  • DEX aggregation
  • Trade routing
  • 500K+ traders
  • $64B/mo volume

For the Issuer

  • 24/7 liquidity
  • Tight spreads
  • Global access
  • Instant settlement

For Investors

  • Access to your stock 24/7
  • Low fees
  • No brokerage required
  • Fully non-custodial

The Aggregator

THE DEX AGGREGATOR

A leading Solana DEX aggregator — the router that connects your tokenized shares to the entire DeFi market.

Smart Routing Engine

Finds the best price for every trade across all connected venues.

Institutional RFQ

Request-for-quote execution for large institutional orders.

Deep DEX Coverage

Routes across leading Solana DEXs and proprietary AMMs.

Algorithmic API

Full API access for algorithmic and programmatic traders.

A leading DEX aggregator doesn't just list your token — it distributes it across the entire Solana DeFi ecosystem. Any of its 500K+ monthly traders can discover and trade your tokenized shares without knowing you exist. Your market maker's AMM plugs directly into the aggregator's router, so your liquidity becomes part of the global flow.

The Regulatory Framework

THE SECURITIZE PARTNERSHIP

First FINRA-approved broker-dealer for tokenized securities (May 2026) — ATS registered, NYSE Digital transfer agent.

Registrations

  • Broker-dealer registration (SEC / FINRA)
  • Alternative Trading System (ATS)
  • Transfer agent functions
  • KYC / AML via Securitize iD

Compliance

  • Investor accreditation verification
  • Smart contract transfer restrictions
  • ERC-1400 / ERC-3643 compliance
Securitize handles all regulation — BD, ATS, KYC, custody. The market maker focuses purely on market-making technology. The DEX aggregator provides non-custodial trade routing. No single entity bears all the regulatory burden — each partner does what they do best.
RequirementWhat It IsHandled ByStatus
Broker-Dealer RegistrationSEC/FINRA licensed to effect securities transactionsSecuritize✓ Active
ATS RegistrationAlternative Trading System for secondary tradingSecuritize✓ Active
Transfer AgentMaintains shareholder records and processes transfersSecuritize✓ Active
KYC / AMLInvestor identity verification and anti-money launderingSecuritize iD✓ Active
Token ComplianceERC-1400 / ERC-3643 transfer restrictions, holding periodsSmart contracts✓ On-chain

Market-Making Compliance

THE MARKET MAKER'S REGULATORY POSITION

ActivityLicense RequirementHow Addressed
Operating a Proprietary AMMMarket-making function on a regulated venueCovered under Securitize's broker-dealer wrapper
Liquidity on the DEX AggregatorNon-custodial trade routingThe aggregator never takes custody of tokens
Cross-Market ArbitrageStandard proprietary tradingThe market maker is a registered broker-dealer
Custody of TokensQualified custodian statusSecuritize provides custody
Securitize's broker-dealer rails provide the regulatory wrapper, while the market maker focuses purely on market-making technology. This layered structure is why the partnership works.

Investor Requirements

WHO CAN TRADE, AND HOW IT'S ENFORCED

For investors trading tokenized shares on-chain — enforced through Securitize iD and smart contracts.

Who Can Trade

KYC / AML Verified

Identity confirmed through Securitize iD before any access.

Reg D or Reg S Eligible

Accredited US investor (Reg D) or qualifying non-US investor (Reg S).

Eligible Securities Wallet

A compliant wallet approved to hold regulated security tokens.

DTC-Registered Wallet

A digital wallet registered within the DTC framework.

Token-Level Compliance

Auto-Block Non-KYC Transfers

Smart contract checks the Securitize iD registry before allowing any transfer. Non-verified wallets are automatically blocked.

Holding Period Enforcement

Reg S Category 3 requires a 1-year holding period — enforced at the protocol level, with no exceptions possible.

Jurisdiction Restrictions

Tokens can be restricted by investor jurisdiction — US investors are automatically blocked from Reg S tokens, all enforced on-chain.

Accreditation Per Transfer

Every transfer verifies investor accreditation status in real time. Lapsed accreditation blocks the transfer.

The Value Chain

THE COMPLETE VALUE CHAIN

  1. 1 Issuer CURRENC
  2. 2 Tokenize Securitize · ERC-1400
  3. 3 Market Making Proprietary AMM
  4. 4 Route & Execute DEX Aggregator
  5. 5 Global Investors 24/7 Trading

For the Issuer

  • 24/7 liquidity
  • Tight spreads — target 5–10 bps
  • Global access
  • Instant settlement

For Investors

  • Low fees
  • No brokerage required
  • Fully non-custodial
  • 24/7 access
Two separate volume universes: NASDAQ volume (consolidated tape) and on-chain DEX volume — traditional platforms don't display DEX volume automatically.

Proof & What's Next

CASE STUDY & VISION

CURRENC Capital (CURR)

First-mover: our own tokenized shares trade 24/7 on-chain. We eat our own cooking — every client gets the same infrastructure we use ourselves.

Projected Impact — $500M Company

Traditional daily volume of $2–5M could grow to a combined $5–15M across NASDAQ + on-chain DEX venues, reaching 500K+ DeFi-native traders with continuous on-chain price discovery.

Future Vision

  • Consolidated tape may include on-chain volume — a 2–5 year regulatory horizon
  • Today: treat NASDAQ and on-chain DEX as separate but complementary venues
  • Data aggregation: a combined volume tracker on your IR website bridges the gap
  • Regulatory clarity improving — Broker-Dealer Tokenization Act, SEC FinHub engagement
  • Institutional adoption accelerating — every major bank is exploring tokenized securities

The Arsenal · Reading Path

CONTINUE THE ARSENAL

Each weapon builds on the last. Read them in sequence to see how the full Equity Defense Infrastructure fits together.

  1. 01 Intelligence
  2. 02 Tokenization
  3. 03 Lending
  4. 04 DEX Listing You are here

Get Started

TRADE 24/7. GLOBALLY. ON YOUR TERMS.

List your tokenized shares on-chain and reach an entirely new class of investor.