Own a stream of contracted revenue? Here is how a share of it becomes something investors can hold.
If a catalogue, a licence, a franchise or a fleet pays you under a contract, selling a share of that income is the oldest financing there is. It is also the easiest to get wrong, because what the buyer is owed usually lives in somebody's head rather than in a document.
$305M+ in assets structured and supported · 100+ companies · 20+ countries · founded 2018
For owners of catalogues, licences, franchises and other contracted streams
What revenue and royalty tokenization changes for you.
Not a demonstration of what we can do. Four things you can do with a revenue stream once the record, the raise and the token are in place.
Get the entitlement written down
A share of what, net of what, calculated how, paid when. Drafted by counsel, then enforced by the contract.
Prove the income to somebody who does not know you
Receipts checked against the accounts and, where we can get it, written confirmation from whoever pays you.
Pay fifty investors by a rule, on the date
Straight from the register, in USDC, a digital dollar, with each payment written into the asset's own file.
Know where you stand in about eight minutes
Twenty-five questions, a score, and the list of what is missing. Free, and nobody calls you.
Your problems, and what we do about them
Why revenue and royalty tokenization is slow today, and what fixes each problem.
Written in the owner’s words. If yours is not on the list, the readiness score will find it in about eight minutes, and nobody calls you.
The entitlement has never been drafted
Counsel writes it; the package and the token are built around that document.
A share that means one thing to everyone.
Nobody outside has seen the receipts
Receipts, accounts and the counterparty's confirmation enter the record at their tier.
Proof a buyer accepts without your bank statement.
The stream is already pledged
The record asks about encumbrances before an investor does.
No surprise charge in week six.
Intelligence · the record
Due diligence for a revenue stream: why you would use Intelligence.
Because the income is worth what can be proved about it.
The contract behind the income, with its terms
The licence or agreement enters the record with its payment terms, how long it runs and how it can be ended, so a buyer reads the contract rather than your summary of it.
Receipts checked against the accounts
Money actually received, from the bank and the accounting system, with written confirmation from whoever pays you where we can get it. That confirmation counts for more than your own ledger.
Anything already promised elsewhere, named
Whether the income is already pledged to a lender is a question the record answers before an investor asks it.
An example, made up for this page. Say you own a music catalogue paid under three licences. You upload the licences, four years of statements and the accounts. The record finds one licence that renews each year only if the licensee wants it to, and a bank charge over all your receivables from the last refinancing. Both go to your lawyer before anything is drafted. How Intelligence works
Raisable · the raise
Raising capital for a revenue stream: why you would use Raisable.
An example, made up for this page. Say you sell a thirty percent share of the catalogue’s receipts for seven years. Your lawyer drafts what the buyer is owed and picks the exemption, the package is prepared from the record, and investors verify who they are, sign and pay on your own address.
First what the buyer is owed, then the package around it
A share of what, worked out how, paid when. Once your lawyer has written that down, the memorandum, the subscription agreement and the risk factors are drafted from it and from the record.
The confirmation a buyer will ask for
The package carries the receipts and, where we can obtain it, written confirmation from the party that pays, each at the weight it deserves.
A flat fee for the window, never a percentage
A licensed broker-dealer runs any regulated sale. No success fee, and no share of your income for us, at any layer.
Compass · tokenization
How revenue and royalty tokenization works, and why it makes sense.
Because the share should be paid by a rule, not by somebody remembering to run a report.
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Paid from the register on schedule
Written as a rule, the share is worked out from the receipts and paid to everyone holding on the day, in USDC, a digital dollar, with each payment written into the file.
What you get
A share paid by a rule, not by somebody remembering.
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One contract, held by many
A right that used to be one agreement with one counterparty can be held by fifty investors, each seeing what they are owed against the same numbers.
What you get
One contract held by many, each seeing the same numbers.
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Rules the contract enforces
Who may hold the share, and where they may live, is a condition of the asset, checked every time it moves. There is a path to secondary trading through licensed venues.
What you get
Holder rules the contract checks on transfer.
An example, made up for this page. Say the share is held by fifty investors. Each quarter the licensees pay, the rule works out fifty amounts and pays them from the register, and every investor reads the same statement. One who sells does so inside the rules, and the buyer inherits the history. How Compass works
Side by side
Revenue and royalty tokenization side by side: the same four questions, before and after.
Nothing here needs the rest of the page. If the right column is not worth the work to you, the answer is no, and that is a fine answer.
What the buyer is owed
In somebody’s head
A drafted document the contract enforces
Proof of the income
Your bank statement
Receipts, accounts and written confirmation from the payer
How investors are paid
A report, then a transfer
From the register, by the rule, recorded
How many can hold it
One counterparty
Fifty, each seeing the same numbers
Our clients
Revenue and royalty tokenization case studies: named work, and the marks that go with it.
A share of revenue is one of the things clients ask us about most often. Three engagements are below, and the others follow.
TrySERA
Global · Token structuring
We advised on royalty tokens that pay out of what software and patents earn, under a compliant structure rather than a private agreement.
What that means for you
Intellectual property can pay investors directly, on stated terms.
Atmosphera
United Arab Emirates · Platform build
We brought live event investment on chain, so investors could fund concerts and festivals and take an agreed share of what those events earn.
What that means for you
A revenue share can be sold to many people at once and still be administrable.
AriyaX
United Arab Emirates · Platform build
We advised and launched the first tokenized aviation offering in the region: a profit token on a private jet fleet, live on our platform.
What that means for you
An operating fleet can pay a share of its profit to investors who never touch the aircraft.
Our clients in this sector
- Atmosphera
Every name here is published with the client’s agreement on our case studies. Deal sizes, terms and returns are not ours to publish and are not here. The rest of the client list is private, and we will introduce you to the ones closest to your situation when we speak.
In plain English
Revenue and royalty tokenization terms: six words this page uses, in plain English.
You do not need any of this to talk to us. It is here because these words get used at you in meetings, and knowing them is worth more than nodding along.
Royalty
A right to a share of what something earns, without owning the thing itself. Music, patents, software and minerals are the common ones.
Revenue share
The same idea stated as a percentage of money coming in, before costs. What counts as revenue has to be defined precisely, or it becomes the argument.
Waterfall
The agreed order in which money is paid out: who is paid first, who is paid from what is left, and who is paid last.
Audit right
The right of an investor to have somebody check the numbers behind their payment. Without it, the share of revenue is a promise rather than a claim.
Pledged, or encumbered
Already promised to somebody else, usually a lender, as security for a loan. Income that is pledged cannot be sold twice, and it is the surprise that kills deals in week six.
Gross and net
Before costs, and after them. Almost every dispute about a revenue share is a dispute about which of the two was meant.
What you will be asked for
Documents needed for revenue and royalty tokenization, and who has to have issued them.
Every answer in the record carries its document and a proof tier from T0 to T5. A number you typed and a number from a registry both get in, and they are not stored as though they were equal.
The contract or licence behind the income
T4Signed by the other side
The document setting out what the buyer is owed
T4Drafted by counsel, signed
Receipts for past years
T3Your books
Audited or reviewed accounts
T5An auditor
Confirmation the income is not already pledged
T4Signed by the lender
Where this usually stops: stage 04 · Package. What the holder is entitled to has to be written down before it can be enforced by a contract. The six stages are on the Compass page. T5 is issued by an authority, T4 is signed by the other side, T3 is your accounting system of record; anything asserted without a document sits at T0, and the score will say so.
When this is not for you
When revenue and royalty tokenization is not for you: three cases, in advance.
Said here so you can leave without a call. It is cheaper for both sides than discovering it in week six.
An income line with no contract behind it.
A share of profit where you decide the costs.
Income already pledged to a lender as security.
Primary sources: Regulation D, Rule 506 – 17 CFR 230.506 · Regulation Crowdfunding – 17 CFR Part 227.
Three steps to a call
Find out where a revenue stream stands.
Start with the score, ask the founder if you want to, then bring it to a call. Prefer email? info@stobox.io.
Score your asset
The Readiness Score: twenty-five questions across seven dimensions, about eight minutes, no email to see the result.
Take the Readiness ScoreAsk the founder, live
Founder Office Hours with Gene Deyev: 40 minutes on Zoom, Mondays 1 PM ET and Thursdays 2 PM ET.
Join Founder Office HoursBook a call
Bring the asset and the score. We will say what is missing, and say so if the answer is no.
Book a call
Stobox Technologies Inc. Nothing on this page is an offer to sell or a solicitation to buy any security, and nothing here is legal, tax or investment advice. Stobox is not a broker-dealer and not a law firm; regulated activity runs through licensed firms and listing decisions rest solely with the venue. All figures are indicative and are confirmed in writing in your quote. See the privacy summary.