Secondary liquidity

Transfer your position

A small, optional venue for moving Fund Share tokens between verified investors at a price tied to the fund's net asset value. Most investors never need this - it is not where the fund is built.

How secondary trades work here

The order book below is public, but who posted each order is not - orders carry no owner on chain. Matching is automatic, on-chain: when you place an order that crosses a resting one at the same price, it settles in the same transaction (no bot, no waiting). Settlement is over private balances - to buy FSFT you must shield EUR into your private balance first; to sell you need private FSFT. Proceeds accrue to your order and you claim them with your order's seq number.

Place an order

Buy or sell FSFT. If it crosses a resting order at the same price it matches on-chain immediately; otherwise it rests in the book.

Connect a wallet to place orders

Secondary trades settle over your private balances, so a connected, verified investor account is required.

Your balances

No account connected

Connect a verified investor wallet to see the private balances that trades settle over.

Bids - buying FSFT

Resting buy orders (best price first). Owners are anonymous.

No buy orders

No one is bidding for shares right now.

Asks - selling FSFT

Resting sell orders (best price first). Owners are anonymous.

No sell orders

No shares are offered for sale right now.

Manage your order

The book is anonymous, so manage an order by the seq number you got when you placed it. Cancel reclaims unfilled escrow; claim withdraws matched proceeds to your private balance.

Verified investors only

Trading requires a verified investor account.

New to the fund? Building your position starts in the primary deposit flow, not here.