For your business, project, or organization
    Without risk
    Without worry
    Without complications
    With international financial regulatory agencies including:
    U.S. Securities and Exchange Commission (SEC)
    Financial Industry Regulatory Authority (FINRA)
    China Securities Regulatory Commission (CSRC)
    Bank of Korea (BOK)
    Financial Services Authority (FSA)
    Autorité des Marchés Financiers (AMF)

What is a security?

A security is defined by the 4-part “Howey Test”: it’s an investment of money, in a common enterprise, with an expectation of profits, solely based on the efforts of others.

What is a security token?

Programmable equity, in the form a digital security token. It also provides automated compliance and programmable dividends.

What are effects of security tokens?

Our security token platform will provide the ability to take traditional assets like stocks, real estate, company equity, and more, and tokenize them.

When you tokenize real world assets, not only do those assets become immediately available to investors from every corner of the world, they can even be traded in global markets.

Can I issue security token in my country?


Our security token platform will allow issuers to select the jurisdiction in which they are operating and the local regulatory standard under which they would like to issue the security tokens. Based on their selections, our platform will present them with the ability to configure their security token, but only within the limits and guidelines of the local regulatory standard that they have selected.

For example, if an organization wanted to perform fundraising in accordance with a local standard which only allowed them to raise a maximum of 1 million, then our platform would only allow them to issue the tokens if the number of tokens multiplied by the price per token was under 1 million.

By using our security token platform, The State, anyone can issue security tokens in accordance with their local regulations and standards in order to legally raise funds.

Features of our security token platform

We use cutting edge financial technology to provide cost effective alternatives to traditional fund raising and crowdfunding, without compromising on regulatory demands.


    Know your customer (KYC) refers to due diligence activities that financial institutions and other regulated companies must perform to ascertain relevant information from their clients for the purpose of doing business with them.

    Standing for "Anti-money Laundering", it is a set of procedures, laws or regulations designed to stop the practice of generating income through illegal actions. In most cases money launderers hide their actions through a series of steps that make it look like money coming from illegal or unethical sources was earned legitimately.

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  • Smart Contract Generation

    Using our platform, you can generate smart contracts that correlate to an underlying set of documents and enforce compliance in the form of know-your-customer(KYC) and anti-money-laundering(AML) regulations.

    These smart contracts can represent any type of a ownership through shares. Whether the shares represent a unit of a real estate lease or common stock in a company, the ultimate process is relatively consistent.

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  • Voting

    Our platform empowers token holders with the right to vote.

    Token holders may vote to approve a resolution related to a private company or even as auditors trying to agree on the price of an asset. Voting is a key element of the next generation of security tokens.

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  • Privacy

    At the moment, all security token transactions are publicly available in the underlying blockchain of the token.

    While transparency is great, there are plenty of security token scenarios in which participants are required to enforce different levels of privacy in order to remain compliant. Strong privacy-preserving mechanisms are built in to the fabric of our security token platform.

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  • Derivatives

    Derivatives are one of the missing links that bridge the gap between security tokens and large institutional investors.

    Practically speaking, our platform allows for the addition of two extra functions: issue and redeem which serve to convert between the security token and its constituent tokens.

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  • Off-Chain Data Access

    The entire lifecycle of a security token is based on processing documents from external parties. From the creation of the smart contract to the processing of market datasets that might influence the valuation of a token, off-chain data access is key to enable the mainstream adoption of our security token platform.

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Our platform conforms to the ERC 1400 Security Token Standard.

The ERC 1400 standard actually represents a library of standards for security tokens.

Together these standards provide a suite of standardized interfaces for issuing / redeeming security tokens, managing their ownership and transfer restrictions.

Below are the specific standards that our platform conforms to:


This standard provides a framework for a standard API for tokens within smart contracts


A common set of transaction status codes similar to the common set of HTTP statuses used on the web today


On-chain restriction checking with error signalling, off-chain data injection for transfer restrictions and issuance / redemption semantics


Document / legend management

This standard allows documents to be associated with a smart contract. It also provides a standard interface for querying / modifying these contracts.


Differentiated ownership / transparent restrictions

This standard describes an interface to support an owners tokens being grouped into partitions, with each partition being represented by an identifying key and a balance.


Controller operations (force transfer)

This standard allows a token to transparently declare whether or not a controller can unilaterally transfer tokens between addresses.

Security token types

Our platform can be used to issue security tokens that have a variety of combined capabilities.

All of our security tokens, regardless of their configuration, fall into one of two different token types:

Asset Backed & Share-Like

Asset-Backed Tokens

Asset-Backed Tokens

These tokens give you an economic right to a real-world asset, such as real estate, art, and commodities.

Share-Like Tokens

Share-Like Tokens

These tokens have features like voting rights, dividends, profit shares, ownership stake in an entity, and even more.

About Vokez:

Vokez is a multinational group of developers and other talented people who have decided to create the security token platform called The State

We have been working on the idea and developing prototypes to test our design theories for over a year now.

We so strongly believe in the potential of security tokens, that we decided that we would use the The State as a tool for the organization, incorporation, and direction of Vokez the Company.