Spain’s Beself Brands Leads by Tokenizing Its Equity Using Blockchain Technology

Beself Brands, based in Barcelona, has become the first company in Spain to use blockchain technology to tokenize its corporate shares. This move is seen as a breakthrough in how businesses in Spain can integrate new technology into finance. The company followed all the regulations, making this a fully legal and innovative step.

The company said it created a new digital token called BeToken, which represents shares of Beself Brands. Once approved, investors will be able to buy these tokens and become shareholders instantly. This means owning BeToken is like owning a piece of a well-established company with more than 15 years in the market.

Beself Brands Uses Blockchain Tokens To Record And Manage Its Ownership Transparently

With this tokenization, Beself Brands’s entire ownership structure is now recorded and managed on a public blockchain. Each token matches one company share and carries all the rights that come with it. The firm said all transfers, custody, and compliance will be handled by a secure system, keeping everything transparent and regulated.

Albert Prat, the founder of Beself Brands, said this changes how private equity works. He explained that the tokens include rules built right into them, such as compliance and shareholder benefits. This gives investors clear rights and ways to trade shares easily while staying within the law.

BeToken will have about three million tokens available, which the company plans to sell in two rounds this year. The company said these tokens will be open to both individual and institutional investors, with a low minimum to encourage broad access.

Beself Brands Set Aside €500,000 To Support Token Trading On The Secondary Market

To protect investors, founding shareholders agreed to lock up their tokens for the first four years, only selling up to 10%. Beself Brands said this rule helps keep the business stable and prevents any one person from controlling it too quickly. They also set aside €500,000 to support the trading of the tokens on the secondary market.

Beself Brands said it would reward loyal investors with a bonus in the first year and share profits in the second. They plan to offer a 10% loyalty bonus and distribute 50% of profits as dividends. Regular reports will also be shared to keep investors informed and build trust.

Experts think this step could lead other companies to try turning their shares into digital tokens. It gives a new way for businesses to handle their money and reach investors in different countries without worrying about borders or lots of forms.

Prat said BeToken is a real example of how blockchain can follow European rules and still be run in a strong and clear way. He believes this idea will become a good way for companies to raise money and take care of their shares in the future.