Seychelles“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 Seychelles
We build the platform to tokenize debt, shares and revenue rights in Seychelles: investor onboarding, ERC-3643 tokens and reconciliation with the issuer's register of members, coordinated with the law firm that structures the issuance under the Securities Act 2007 or the VASP Act 2024.
Tokenize your asset
They trust Metlabs to tokenize their assets
Why Seychelles
Why tokenize assets in Seychelles?
Seychelles has an official test for classifying tokens: those that represent securities, or split an asset into interchangeable units, follow the Securities Act 2007, while other fundraising issuances are registered as ICOs under the VASP Act 2024. A local license grants no passport: each target market applies its own rules.
2024
year of the VASP Act, in force since September 1, which requires ICO registration and provider licensing
CBS · 2024 annual report2007
year of the Securities Act, which governs tokens that represent securities or fractionalize an asset
FSA · tokenized asset testWhat gets tokenized
Debt, equity and revenue: what gets tokenized in Seychelles
Almost every tokenized issuance represents one of these three rights against the issuer. The right determines the regime, the offer route and who keeps the register, and it is settled before the network or the token standard.
| Right | Debt | Equity | Revenue |
|---|---|---|---|
| What is issued | Bonds and debentures | Shares | 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 | IBC or another company | IBC or another company | IBC or another company |
| Register | Issuer's register or depository | Register of members (s. 104) | Issuer's register |
| Law | Securities Act 2007 | IBC Act 2016 | Securities Act or VASP Act 2024 |
| How it is issued | They are securities under Schedule 1 of the Securities Act. A public offer requires a prospectus approved by the FSA, unless the FSA treats it as a private placement. There is no DLT securities regime: if deposited with a licensed depository, transfers follow its approved rules. | An IBC keeps its register of members at its registered office and may keep it in electronic form if it can produce legible evidence; an entry is prima facie evidence of title. The token mirrors it, and offering the shares to the public requires an FSA-approved prospectus. | The FSA test decides: if the token represents a security or splits an asset into interchangeable units, the Securities Act applies; if it is a virtual asset issued to raise funds, it is an ICO that must be registered with the FSA under the VASP Act 2024. |
Regulation
Regulation guide for SeychellesWhich regulation applies to tokenization in Seychelles?
It depends on the token. If it represents a security, such as a share or a bond, or fractionalizes an asset, it follows the Securities Act 2007: a public offer requires an FSA-approved prospectus. If it is a virtual asset issued to raise funds, the VASP Act 2024 requires the issuance to be registered, and anyone holding or exchanging virtual assets needs a license.
No law turns a distributed ledger into the legal register of securities. In an IBC the register of members governs, and it can be electronic; for securities deposited with a depository or registry licensed by the FSA, transfers follow its approved rules. Registering an issuance with the FSA does not prove that the investor acquires the underlying asset either.
A Seychelles company needs a VASP license for in-scope services even if it operates from another country, and that license grants no passport: an offer aimed at investors in other jurisdictions must also comply with their rules. We coordinate the design with the law firm that structures the issuance, and FSA-licensed entities deliver the regulated services.
Seychelles
FavourableScore74
- Authorities
- Financial Services Authority (FSA); Central Bank of Seychelles (CBS) according to activity; Financial Intelligence Unit (FIU)
- Latest regulatory change
- Sep 2026
Key authorisations
- VASP licence for First Schedule activities
- ICO/NFT issuance registration where applicable
- Securities Act authorisation for in-scope activities
Our legal partners
Methodology
How we tokenize an asset in Seychelles, step by step
The four phases of our methodology, with the parties involved in Seychelles. 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 issuing company, the amount, the rules of the issuance and the countries the offer will target.
The law firm applies the FSA test and chooses the route: an FSA-approved prospectus or a private placement if the token is a security, or ICO registration under the VASP Act if it is not. It also reviews the permissions each target market requires.
We configure the white label platform with your brand: investor onboarding with KYC, signature, payment and ERC-3643 tokens carrying the offer's rules, including the permitted countries. Reconciliation with the register of members and the custodian connection are custom development.
With the issuer and, where there is one, the licensed entity placing the issuance, 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 Seychelles
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 Seychelles?
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 National Identity Card or passport, KYB, AML/CFT, custodial wallet.
- End-to-end investmentE-signature and payment in USD by bank transfer or with stablecoin (USDT/USDC).
- ERC-3643 tokensEvery subscription follows the rules of the FSA-determined private placement.
- Issuer consoleProjects, investors, USD reconciliation, interest payments and reporting.
- Compliance and audit trailCDD and AML/CFT file, sanctions screening per 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 Seychelles
What we are asked before a project starts.
Talk to our teamIs asset tokenization legal in Seychelles?
Yes. The FSA has published a test for classifying tokenized assets: if the token represents a security, it follows the Securities Act 2007; if it is a virtual asset issued to raise funds, it is registered as an ICO under the VASP Act 2024. What requires authorization is a public offer, with an approved prospectus, and providing virtual asset services.
Can a Seychelles IBC issue tokens?
Yes, and its register of members can be kept in electronic form, but incorporating an IBC exempts it from nothing: if it provides virtual asset services it needs a VASP license even when operating from abroad, and if it offers securities to the public it needs an FSA-approved prospectus. Nor does it gain automatic access to investors in other countries.
How much can be raised without a prospectus in Seychelles?
The Securities Act sets no amount. An offer falls outside the prospectus regime if the FSA determines it to be a private placement or if the Minister grants an exemption on the FSA's recommendation. The law firm raises the route with the FSA before launching the offer and checks the rules of each target country.
Is a property split into tokens an NFT?
No. Under the FSA test, a tokenized asset can be an NFT if a single unique token represents it, but if it is split into interchangeable units it becomes a security subject to the Securities Act 2007. In both cases the token is a right against the issuer and does not by itself prove ownership of the property.
Asset tokenization
Assets we tokenize in Seychelles.
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.
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.
OpenZeppelin and ERC-3643: how a security token is built
What OpenZeppelin libraries and ERC-3643 controls provide, and what a securities issuance also requires: rights, permissions, operations and review.
Tokenize your asset in Seychelles
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 RicaCubaCyprusCzechiaDenmarkDominican RepublicEl SalvadorEstoniaFinlandGreeceGuatemalaHondurasHungaryIrelandIsraelItalyJapanKuwaitLiechtensteinLithuaniaLuxembourgMaltaMonacoMoroccoNetherlandsNew ZealandNicaraguaNigeriaNorwayOmanParaguayPolandPuerto RicoQatarRomaniaSan MarinoSaudi ArabiaSouth AfricaSouth KoreaSwedenTurkeyUruguayVenezuela
