# Why Tokenisation?

### Why Tokenisation Matters (For Founders & Investors)

#### Founders

* Raise capital globally without managing dozens of individual shareholders
* Maintain a clean cap table
* Benefit from increased investor demand due to liquidity
* Access institutional-grade structures at a fraction of the cost

#### Investors

* Receive transparent, standardised securities
* Benefit from the possibility of quarterly liquidity
* Gain fractional access to early-stage deals
* Avoid messy or unclear early-stage equity paperwork
* Own tokens with formal, legally defined value

#### The Market

Tokenisation fixes the biggest issues in early-stage funding:

| Problem (Traditional)    | Solution (TheAngel)           |
| ------------------------ | ----------------------------- |
| Long investor lockups    | Quarterly liquidity           |
| Complex legal structures | Automated, compliant issuance |
| No transferability       | ISIN-based tokenisation       |
| Opaque reporting         | Ongoing attestation & updates |
| Limited deal access      | Global, open marketplace      |


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