53 hectares of hazelnut orchards, owned by 140+ investors in 9 countries.

Each investor holds tokens issued by Treesury d.o.o. A token here is a digital security: a unit of the offering whose rights are set out in the whitepaper approved by the Securities Commission. 28,301 tokens were issued in total.

Investors do not buy land or trees directly. They hold a security issued by the company that runs the orchards, on the terms the regulator approved. Their holding sits in an investor register that the issuer maintains and the investor can see on the platform at any time.

The security is an ERC-3643 token, the security-token standard that checks the rules on every transfer. If someone tries to transfer tokens to a person who has not been verified, or who is outside the permitted countries, the transfer does not go through.

Closing the offering was the start of the work, not the end. STO1 runs today on the team's own platform as ERC-3643 security tokens on the Polygon network. The token contracts are the unmodified T-REX (ERC-3643) reference suite, independently audited by Hacken in 2023.

The issuer console holds the investor register and handles register changes, compliance checks on transfers and reporting to holders. Distributions to investors are administered through the same platform when they fall due under the whitepaper terms, so payments go to the people recorded in the register.

This is the part of an offering most owners underestimate. Investors expect the register, the documents and the reporting to stay accurate for as long as they hold.