Smart contracts
The fleet token, the register of holders, the compliance rules and the distribution calculation.
Tokenize a rental fleet on your own platform
A rental company can divide part of its fleet into participations and offer them to investors from its own website and app. We build that platform to fit your business, connected to your fleet management and to your identity and payment providers.
Illustrative figures. Not an offer or a forecast of returns. We do not provide legal or regulatory advice.
The starting point
Renewing or expanding a rental fleet means buying vehicles every few years. With small participations, the company can finance part of that purchase with many investors and offer it from its own website and app.
The model
The company tokenizes a batch of vehicles. In this illustrative example, a fleet worth €1,200,000 is divided into 1,200 participations of €1,000. When the fleet distributes rental income, each holder is entitled to a share in proportion to their participations, paid in money. Your advisors define in the legal structure which income is distributed, and what happens when a vehicle is renewed.
What the investor sees
- 01Sign-upFrom the company's website or app, with a new account and identity verification (KYC).
- 02PurchaseThey choose how many participations to buy, from one, and pay with the payment methods the company offers.
- 03PortfolioThey see their participations, documents and history.
- 04PayoutsEach time the asset distributes income, they receive their share in money.
What we build
Website and app under the company's brand
Inside your website and app, or in a new space with your brand.
Management dashboard
Issuance, holders, distributions and documents, for your team.
Integrations
With your fleet management and your booking system, where the usage income that is distributed comes from, and with your identity and payment providers.
We know fleets
Our founder ran the technical side of a fleet tracking and control company for nine years, so integrating your vehicles' data does not start from scratch.
Who does what
Your company
Operates the platform. It onboards investors, runs KYC, handles collections and payouts, hires the ERIR and meets the legal requirements.
Your legal advisors
Define the structure of the issuance and the rules the platform must apply.
The ERIR
A registered entity that keeps the register of the securities on the DLT, when the structure requires one.
Tesselium
Does the technical build. Smart contracts, website, app, dashboard and integrations, with their tests and documentation.
Your infrastructure, your keys
The platform is deployed on your company's infrastructure and accounts. The admin keys are held by your company or its custodian, never by Tesselium. We do not hold third-party keys or funds, and we do not operate, hold in custody or market any issuance.
Questions about this example
What happens when a vehicle is sold or renewed?
The structure defines it. Your advisors set what happens to the participations when a vehicle leaves the fleet, and the platform applies those rules.
Who can buy participations?
Anyone who passes identity verification and meets the conditions your company sets with its advisors. The platform applies those rules to every operation.
Do I need an ERIR?
It depends on the structure your legal advisors choose. In Spain, if what is issued are securities represented on a DLT, the register is kept by a registered ERIR, which your company hires. If the structure is different, you may not need one. We adapt the build to what your advisors decide, and we do not give legal advice.