Denmark“One of the pioneering firms in web3 solutions, digital assets and tokenization, recognized for its innovation and solid reputation across Spain and Latin America.”
Jorge CorredorLawyer, Rincón Cuéllar & Asociados
Asset tokenization in Denmark
We build the platform to tokenize debt, shares and revenue rights in Denmark: investor onboarding, ERC-3643 tokens and a connection to the register of shareholders or the central securities depository, coordinated with the law firm that structures the issuance under the Capital Markets Act or MiCA.
Tokenize your asset
They trust Metlabs to tokenize their assets
Why Denmark
Why tokenize assets in Denmark?
Denmark has no law of its own on DLT securities, so the token follows company law and capital markets law. Two recent reforms change the picture: since 2025, an ApS can offer its shares to the public through a crowdfunding platform, and since June 2026 the prospectus threshold has been the EU's €12M.
€12M
prospectus threshold Denmark has applied since June 5, 2026, after repealing its national limit
Act No. 1638/20252025
year since which an ApS can offer its shares to the public through crowdfunding
Act No. 1667/2024What gets tokenized
Debt, equity and revenue: what gets tokenized in Denmark
Almost every tokenized issuance represents one of these three rights against the issuer. The right determines the vehicle, the applicable law and who keeps the register, and it is settled before the network or the token standard.
| Right | Debt | Equity | Revenue |
|---|---|---|---|
| What is issued | Bonds (obligationer) | Shares and anparter | Revenue rights |
| The investor receives | The investor lends to the issuer and receives interest and, at maturity, the principal. | The investor joins the share capital: dividends, voting rights and a share of any sale or liquidation. | The investor receives a share of the income from an asset: rents, energy sold, sales or royalties. |
| The token enforces |
|
|
|
| Issuer | A/S or ApS | A/S or ApS | A/S or ApS |
| Register | CSD if traded; otherwise issuer | Ejerbog or CSD | Issuer, or CSD if a security |
| Law | Capital Markets Act | Companies Act (selskabsloven) | Capital Markets Act or MiCA |
| How it is issued | Denmark has no DLT securities regime of its own. A bond traded on a trading venue must be recorded with a central securities depository; outside it, the token reflects the register the issuer keeps. The EU DLT Pilot Regime allows that infrastructure to run on DLT, and Finanstilsynet explored that fit in a 2023 test. | A buyer of a registered share can only exercise shareholder rights once entered in the ejerbog or after notifying and evidencing the purchase. An A/S can issue its shares through a central securities depository. An ApS can offer them to the public only through crowdfunding or exempt offers, and cannot admit them to a regulated market or an MTF. | Classification is decided case by case: if the right is transferable and works like a security, capital markets law and the Prospectus Regulation apply; if it is not a financial instrument and is fungible, it may fall under MiCA. The documentation identifies who must pay and how the right is transferred. |
Regulation
Regulation guide for DenmarkWhich regulation applies to tokenization in Denmark?
It depends on the right the token represents. If it is a financial instrument, it falls outside MiCA and follows the Capital Markets Act and the EU Prospectus Regulation, supervised by Finanstilsynet. If not, it may fall under MiCA, which Finanstilsynet applies in Denmark through authorizations for service providers and notifications for financial institutions.
Since June 5, 2026, Denmark has applied the EU prospectus threshold of €12M, because Act 1638/2025 repealed its national limit. A crowdfunding platform allows up to €5M per project owner over 12 months and, since 2025, it is also the route for an ApS to offer its shares to the public.
For securities, the EU DLT Pilot Regime allows DLT trading and settlement infrastructures with exemptions; the test Finanstilsynet reported in 2023 explored that fit without approving issuances. We design the structure with the law firm, and authorized entities provide the regulated services.
Denmark
FavourableScore89
- Authorities
- Danish Financial Supervisory Authority, Finanstilsynet
- Latest regulatory change
- Jul 2026
Key authorisations
- CASP authorisation or applicable Article 60 notification
- MiCA passporting for authorised services
- ART or EMT issuance entitlement according to asset
- Investment and DLT infrastructure permissions where applicable
Our legal partners
Methodology
How we tokenize an asset in Denmark, step by step
The four phases of our methodology, with the parties involved in Denmark. The law firm and our engineering team work in parallel from the asset review to investor acquisition.
We review the asset's title, encumbrances and cash flows, and decide with the issuer whether the token will be debt, shares or a revenue right. That sets the vehicle, an A/S or an ApS, the amount and the rules of the issuance.
The law firm classifies the token, drafts the terms and chooses the route: prospectus, exempt offer or crowdfunding platform, which is the only public route for an ApS's shares outside exempt offers.
We configure the white label platform with your brand: investor onboarding with KYC, signature, payment and ERC-3643 tokens carrying the offer's rules. The ejerbog or central securities depository connection and coupon or dividend schedules are custom development.
With the issuer and, where there is one, the placing entity, we prepare the offer page and measure the journey to a paid subscription. After the issuance, the platform handles distributions, transfers between verified investors and reporting.
Reviews in Denmark
What do our clients think of Metlabs?
“We structured the tokenization of real estate projects with them, and I value the team's ability to understand our corporate needs and genuinely solve them.”
Joan MejíaManager, GLOBYNE
“They advised us on the feasibility of tokenizing real estate assets in Uruguay with direct, cordial treatment. A professional team, responsive and always available.”
Álvaro Silva SantamaríaCEO, Sp Inmuebles
“Great professionals at structuring tokenized projects, with technical command and attention to detail that inspire full confidence at every stage of the work.”
Francisco BetancourtVerified Google review
“As a blockchain lawyer, I value their experience and professionalism in consulting and executing tokenization projects. Technology partners you can fully trust.”
Vanessa RivasBlockchain lawyer, El Salvador
“Great professionals, very attentive to their clients and always mindful of every detail. Working with their team has been a genuine pleasure from start to finish.”
CriptorentVerified Google review
“A very professional yet approachable company that empathizes with your doubts and needs. Highly recommended for entrepreneurs with a tokenization project.”
Javier EspasaTokenization entrepreneur
“Exceptional in every sense. From legal support I value their rigor and transparency: working with Metlabs means professionalism, innovation and security.”
Pedro A. Agúndez MéndezGoogle Local Guide
“Excellent service across blockchain development, asset tokenization and consulting. A very professional team that I recommend wholeheartedly, without reservation.”
José Luis DíazVerified Google review
“I have worked with them on several projects and they are very professional. A guarantee that everything turns out perfectly. Without a doubt, 100% recommended.”
Ignacio Fernández JiménezVerified Google review
“One of the pioneering firms in web3 solutions, digital assets and tokenization, recognized for its innovation and solid reputation across Spain and Latin America.”
Jorge CorredorLawyer, Rincón Cuéllar & Asociados
“Great professionals at structuring tokenized projects, with technical command and attention to detail that inspire full confidence at every stage of the work.”
Francisco BetancourtVerified Google review
“A very professional yet approachable company that empathizes with your doubts and needs. Highly recommended for entrepreneurs with a tokenization project.”
Javier EspasaTokenization entrepreneur
“I have worked with them on several projects and they are very professional. A guarantee that everything turns out perfectly. Without a doubt, 100% recommended.”
Ignacio Fernández JiménezVerified Google review
“We structured the tokenization of real estate projects with them, and I value the team's ability to understand our corporate needs and genuinely solve them.”
Joan MejíaManager, GLOBYNE
“As a blockchain lawyer, I value their experience and professionalism in consulting and executing tokenization projects. Technology partners you can fully trust.”
Vanessa RivasBlockchain lawyer, El Salvador
“Exceptional in every sense. From legal support I value their rigor and transparency: working with Metlabs means professionalism, innovation and security.”
Pedro A. Agúndez MéndezGoogle Local Guide
“They advised us on the feasibility of tokenizing real estate assets in Uruguay with direct, cordial treatment. A professional team, responsive and always available.”
Álvaro Silva SantamaríaCEO, Sp Inmuebles
“Great professionals, very attentive to their clients and always mindful of every detail. Working with their team has been a genuine pleasure from start to finish.”
CriptorentVerified Google review
“Excellent service across blockchain development, asset tokenization and consulting. A very professional team that I recommend wholeheartedly, without reservation.”
José Luis DíazVerified Google review
Platform
What does our white label tokenization platform include in Denmark?
The investor portal, ERC-3643 tokens and issuer console, under your brand. Out of the box it handles onboarding, signing, payment and distributions; anything else your issuance needs, such as a local payment method or a connection to your bank or custodian, we build on the same platform.
Request a demo
- Your brand and domainYour visual identity and legal notices across the investor portal.
- Investor onboardingSign-up, KYC with MitID or passport, KYB, hvidvaskloven checks and a custodial wallet.
- End-to-end investmentE-signature and payment in kroner by instant transfer or with stablecoin (USDC/EURC).
- ERC-3643 tokensEach token is issued with the exempt offer's rules and connected to the ApS ejerbog.
- Issuer consoleProjects, investors, krone reconciliation, dividend payments and reporting.
- Compliance and audit trailKYC and hvidvaskloven file for each investor, and an exportable audit log.
Institutional custody, integrated
We integrate custody and key management providers through their APIs, including Fireblocks, BitGo, Coinbase Prime, Anchorage Digital, Copper and Ledger Enterprise. Depending on the provider and model, keys are managed with MPC or multisig so that none depends on a single device. If the token is a security, custody on behalf of clients is provided by an authorized entity.
FAQ
Frequently asked questions about tokenization in Denmark
What we are asked before a project starts.
Talk to our teamIs asset tokenization legal in Denmark?
Yes. A token can represent a bond, a share or a revenue right: company law and capital markets law apply and, for crypto-assets that are not financial instruments, MiCA. What requires Finanstilsynet authorization is the activity: placing, holding in custody or trading on behalf of others.
Can a Danish ApS tokenize its shares?
Since January 1, 2025, it can offer them to the public through a crowdfunding platform or in exempt offers: to qualified investors only, to fewer than 150 non-qualified persons per EEA country or for amounts of at least €100,000. What remains prohibited is admitting them to trading on a regulated market or an MTF.
How much can be raised without a prospectus in Denmark?
Since June 5, 2026, the threshold has been the EU's: €12 million over 12 months, because Denmark repealed its national limit. A crowdfunding platform allows up to €5 million per project owner. Below the threshold there may be other disclosure obligations; the law firm confirms it for each offer.
Who counts as a shareholder if the shares are tokenized?
Whoever is entered in the ejerbog. Company law provides that the buyer of a registered share can only exercise shareholder rights once entered in that register or after notifying and evidencing the purchase, except for dividends and subscribing for new shares. That is why the platform updates the ejerbog with every token transfer.
Asset tokenization
Assets we tokenize in Denmark.
Asset tokenization
Articles on tokenization
Real Asset Tokenization: How RWA Tokenization Works
How to structure an RWA project: holder rights, issuance, recordkeeping, payments and recovery. What blockchain adds and what depends on the legal arrangement.
MiFID II and tokenization: classification, services and limits
MiFID II and tokens: financial instrument classification, investment services and the distinction from MiCA before designing an issuance.
What are the differences between security tokens and utility tokens?
How to distinguish financial rights from service access, what legal classification examines and why a token’s name does not determine its regulation.
Tokenize your asset in Denmark
Tell us which right you want to issue and we will propose the technical structure, timeline and phased budget.
Where we are
We're your tokenization company in:
Metlabs Offices
Av. García Sabell, 1, Edificio Proa 15009 A Coruña, Spain
We tokenize assets in
SpainUnited StatesUAEUnited KingdomMexicoSingaporeAustraliaSwitzerlandColombiaArgentinaChilePeruPortugalGermanyHong KongBrazilEcuadorFranceIndiaPanamaAndorraAustriaBahrainBelgiumBoliviaCanadaCosta RicaCubaCyprusCzechiaDominican RepublicEl SalvadorEstoniaFinlandGreeceGuatemalaHondurasHungaryIrelandIsraelItalyJapanKuwaitLiechtensteinLithuaniaLuxembourgMaltaMonacoMoroccoNetherlandsNew ZealandNicaraguaNigeriaNorwayOmanParaguayPolandPuerto RicoQatarRomaniaSan MarinoSaudi ArabiaSeychellesSouth AfricaSouth KoreaSwedenTurkeyUruguayVenezuela
