Raising capital outside the banking system is no longer the exception. For companies that need to fund projects between R$ 200k and R$ 2M without eating into their credit line or giving up equity, it is now a real option worth considering. Asset tokenization is one of the most viable routes on the table — but understanding how to tokenize your company’s asset demands concrete answers before you sign anything. This checklist reduces the decision to seven direct questions.
1. Which asset are you willing to pledge?
Tokenization does not create money out of thin air. It ties the investor to a real asset: an agribusiness crop receivable, a commercial invoice, a power purchase agreement, a future rental cash flow. Without a clear, traceable and auditable underlying asset, the structure simply doesn’t stand up.
The first question isn’t “how much do I need to raise.” It is “what do I have to offer as collateral.”
2. Who audits and who holds custody?
Governance is what separates an institutional deal from an informal one. Full stop. Tokenization requires third-party audit of the underlying asset and bankruptcy-remote custody of the tokens. Without a legal advisor structuring the contract and a custodian who moves the asset off the issuer’s balance sheet, you are not running an issuance — you are absorbing reputational risk.
Ask your tokenization partner directly: which law firm, which auditor, where is the audit report, who holds custody of the token.
3. What does it really cost — all-in?
The all-in cost of a tokenized raise does not fit on a single line. Legal structuring, audit, registration, custody, platform maintenance, an eventual secondary market — every layer has a price tag.
Compare it against a bank credit note (spread + tax + collateral) or a plain-vanilla debenture (rating + registrar + roadshow). Tokenization can come out cheaper — but only when you look at the all-in cost across the life of the deal, not just the upfront fee.
Serious platforms show an itemized fee schedule before the go/no-go decision. If the answer is “it depends,” with no detail, that is a yellow flag.
4. How long until the funds actually land?
From green-light to settlement, a tokenization involves: legal structuring, due diligence, legal opinion, platform registration, marketing period and settlement. Well-run deals take 45 to 90 days, depending on the asset’s complexity and paperwork required.
Need the money in 15 days? Tokenization is not the route. Go back to your bank or negotiate a receivables advance.
5. How does the investor exit if they need liquidity?
Investors who buy a tokenized asset don’t want to be locked in until maturity. Does the platform run a secondary market? What has historical liquidity looked like? What share of offerings has seen early exits?
If the answer is “we don’t have a secondary market yet,” price that risk into the funding cost — an investor who can’t exit will demand a higher return.
6. What happens if the issuer defaults or the platform shuts down?
Serious structures answer this question before you ask. Is the contract lodged with a public registry? Is there a backup-custodian mechanism if the platform goes dark? Is the payment flow automated or does it depend on manual action?
A responsible issuer builds contingency for the worst case before signing the first document. Not after.
7. How do you tokenize inside the regulatory perimeter?
CVM Resolution 88/2022 regulates tokenization in Brazil through the investment crowdfunding regime. Platforms whose registration is in progress can operate under restrictions — capped volumes, qualified investors only, mandatory disclosure. Fully licensed platforms operate inside a broader perimeter.
Ask for the platform’s exact registration status and which regulatory regime will govern your deal. Ask for proof. “We’re getting there” isn’t an answer — it’s risk.
Key takeaways
- Tokenization requires a real, audited and segregated asset — without those three, the structure isn’t institutional.
- All-in cost and timeline must be benchmarked against traditional alternatives (bank notes, receivables funds, debentures).
- Governance — legal advisor, auditor, custodian and regulatory status — is non-negotiable.
This content is strictly educational and informational. It is not an offer, recommendation or investment advice. Infinity Tokens is applying for registration with the CVM under CVM Resolution 88/2022 and is not authorized to conduct public offerings of securities. To receive launch updates, sign up at infinitytokens.com.br.