Ctrl Alt, a tokenisation infrastructure provider, has launched a tokenised structured product on Solana, backed by yield-bearing assets sourced from a regulated UK financial services firm.
The transaction involves the firm arranging, structuring, and executing the tokenisation of the product, with Carey Olsen, an offshore law firm, supporting the legal structuring through a Guernsey-domiciled vehicle chosen for its regulatory environment.
Ctrl Alt says that the combination of onchain capital with established legal frameworks will allow financial firms to raise, deploy, and manage funds efficiently under familiar regulatory standards, with tokenisation supporting digital issuance, transfer, and settlement alongside traditional management and oversight.
Commenting on the launch, Matt Ong, founder and CEO at Ctrl Alt, says: “Tokenisation is increasingly becoming part of the conversation for financial institutions seeking new ways to access capital.
“By combining innovative structured finance with onchain funding, we’re able to create solutions that integrate with existing frameworks while providing greater efficiency and flexibility.”
Ben Brophy, head of institutional growth, Europe at the Solana Foundation, adds: “Bringing together traditional experience and technical understanding to design and deliver access to real world assets is key to greater institutional utilisation of Solana.”
Matt Brehaut, partner at Carey Olsen, comments: “We are pleased to have advised Ctrl Alt on this transaction, which marks an important step forward in the evolution of tokenised finance.”