Private Markets

Guaranteed dividend, anti-dilution, equity stability: an overview of the financial clauses that protect minority shareholders.

Understanding the shareholders' agreement (pacte d'associés / pacte d'actionnaires): structure, essential clauses, and drafting best practices to secure your company's governance.

The capitalization table records who owns what in your company. Discover why keeping it up to date is essential and how tokenization makes it secure.

A poorly maintained cap table costs time, credibility and sometimes tens of thousands of euros in audit fees. Discover how tokenization eliminates these errors at the source.

An overview of the operational clauses of a shareholders' agreement: definitions, function, oversight, non-compete, penalties and dispute resolution.

The SPV democratizes start-up investing: an accessible entry ticket, pooled resources, and tokenized securities. A breakdown of the benefits for investors and founders.