WP FINAL 221018 SPREADS F - Flipbook - Page 1
The TISE Token
Technology
23
Tokenise Wallet
The functioning and use of the Tokenise platform and the ecosystem in which it operates will be supported
by the TISE utility token. The use of the token is to pay for the following services that will be provided by the
Tokenise platform:
• Membership to the Tokenise platform and initial engagement (only holders of TISE tokens will be
able to gain membership to the Tokenise platform)
Buy/sell
orders
Trading
Matching Engine
Settle trades &
update positions
Legal Services &
Documents
• Application and listing fees for the equity crowdfunding platform
Executed orders
Post-Trade Services
Settle trades &
update positions
Exchange Services
• A gateway through Kession to GSX, GBX and other exchanges
Fiat currency
withdrawal
Investor
management &
execution
Transactions
Structuring and
Issuance
• Payment for services (including structuring, listing, trading and KYC/AML)
• Incentives and bonuses for future developments, including syndication for future token offerings
Liquidity
Quotes
Issuance
• Development of the token offerings and securitisation process for firms and crypto funds
• Cross pollination to enable TISE related transactions to be convertible into TISE tokens, creating a
network effect between TISE curated deals
Market Makers
Bitcoin
/SHA256
Tokenised fiat
payment
Ethereum
/ERC20
Tokenise Issues
/ERC20
Other
Signed
tokenised fiat txn.
Cryptocurrency Nodes
Note
Issuance
Invested
notes
Decentralised Securities Depositary
Client Money &
Key Custody
Tokenised
note transfer
Signed
tokenised note txn.
Client Money & Key
Custody
Fiat currency
money deposits
Gross & Net Fiat Currency Transfer
Fiat currency
tracking
Note
tokenisation
Allocated note
tracking
Fiat currency deposit
& tokenisation
• Future developments and memberships of exchanges as an access point where applicable
• Access to the Partner Program (including research notes and ratings)
The Tokenise platform will in due course publish a rate card showing indicative pricing in TISE for each of the
services listed above.
Tokenise Exchange component functional description:
Order Management System (OMS)
Displays a rich interactive portal with a user interface; clients place orders electronically. These orders are
routed to the OMS. The OMS receives the orders and distributes them to the Matching Engine.
Bulletin Board
Bespoke bulletin board that enables users to view indications of interest, bids and offers and trade bilaterally
on the basis of that information. Does not initially match buy and sell orders and those orders will not interact
with each other within our system. However, the Tokenise platform intends to incorporate this functionality
at a later date either through supplementing its regulatory permissions or through partnering with an
appropriately licensed venue.
Market Data Distribution Service
Connects to market data providers (e.g. other exchanges, emerging price services and blockchain explorers).
and sends in regular updates to the OMS, executes rules around what market data becomes the reference
point for OMS, i.e. if the same market data is available from multiple sources which take priority. The service
reads message(s) from the messaging service and generates pricing and market depth data.
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