# Overview of Tokenised Tokenisation is the technological and legal foundation that powers TheAngel. This section explains how startup equity is converted into compliant, secure, and tradeable digital tokens, and why the underlying structure (via Luxembourg securitisation funds and SPVs) is as strong as those used by major financial institutions. **The goal is simple:** Enable early-stage investing with the same safety, clarity, and professionalism found in traditional capital markets. #### Overview of Tokenised Equity Tokenisation allows TheAngel to represent startup equity as digitally native, fully compliant investment notes backed by a legally segregated pool of assets. **These tokens:** * Are issued from a regulated securitisation vehicle * Are backed 1:1 by equity held in an SPV or Luxembourg compartment * Receive a unique ISIN (International Securities Identification Number) * Can be traded during quarterly liquidity windows * Are protected by bankruptcy-remote legal structures Unlike typical VC notes (SAFE, convertible), tokenised equity provides clear ownership, transferability, and liquidity from the start. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.theangel.app/tokenisation-and-legal-structure/overview-of-tokenised.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.