BeToken Deploys on Polygon, Becomes Spain’s First Regulated and Onchain Security Token Offering

BeToken, representing regulated shares in Beself Brands, has launched on Polygon, marking Spain’s first officially recognized security token offering (STO) and one of the earliest compliant STOs in the EU. This is a pivotal step for tokenized real-world assets (RWAs) in regulated financial markets. BeToken utilizes Polygon's scalable infrastructure and the ERC-3643 standard to enable direct on-chain compliance, efficient share issuance, and built-in governance for token holders. The launch also highlights Polygon's enhanced performance via recent updates like Bhilai (supporting EIP-7702 and 1000 TPS) and Heimdall v2 (~5s finality).

Key Ideas

BeToken introduces regulated equity tokenization in Spain: Shares are issued and managed entirely on-chain using ERC-3643, offering legal clarity and direct compliance (KYC/AML).
Polygon cements its role in tokenized capital markets: With high throughput, low fees, and seamless identity verification, it becomes a prime platform for RWAs and compliant digital securities.

Why It Matters?

Now we have an example how to develop fractional ownership platforms for high-value assets like real estate, luxury goods, or IP portfolios. Using Polygon and ERC-3643 tere is an opportunity to offer regulated asset tokenization services and unlock new liquidity channels for B2B clients. Piloting tokenized equity offerings or investing in Web3-native compliance expertise can help firms stay competitive, improve asset liquidity, and meet emerging investor expectations in a digitally native financial landscape.