Product
Every desk of a tokenisation operation, on one platform
Thidon is organised the way regulated securities operations actually work — issuer, compliance, KYC provider, registrar, paying agent, market operator and investor each get a purpose-built workspace over one shared register.
01Asset & token registry
Register instruments with documents and valuation policy, then issue them through a guided wizard. Cap tables, holder records and lifecycle states — draft to matured — in one place.
02Compliance engine
An ERC-3643-inspired rule set answers one question before anything moves: can this transfer proceed? Each rule is named, explained, and mapped to the role that can resolve a failure. Failed checks become durable evidence.
03Approvals & four-eyes
Every sensitive operation — mint, burn, NAV, transfer, corporate action, freeze — is requested by a maker and decided by a separate checker. The register only changes inside an approval.
04KYC & investor lifecycle
A dedicated KYC-provider workspace with cases, evidence, renewals and expiry reminders; compliance keeps independent oversight with watchlists and restriction management.
05Controlled secondary market
A permissioned venue, not a crypto exchange: bulletin-board order interest, RFQs with firm quotes, operator matching and settlement states — all inside the compliance perimeter.
06Pricing & NAV
NAV submissions carry mandatory evidence and publish only after four-eyes approval. Stale prices are flagged against each asset's pricing cycle.
07Corporate actions & servicing
Coupons, distributions, capital calls, splits, suspensions, maturities and full redemptions — approved, announced, then executed with real register effects and a paying-agent payment queue.
08Registrar & paying agent
Operational separation the Luxembourg way: a registrar who proves the register against the movement log before confirming, and a paying agent who settles the cash side with evidence.
09Audit & administration
An evidence-grade audit log with per-record trails, multi-tenant administration, white-label theming and template management.
The demo runs on a simulated ledger with the production control logic. The blockchain layer (ERC-3643 / T-REX style permissioned tokens) attaches behind an adapter — the workflows you evaluate today carry over.
Open the demo