Finance your production or your catalogue with tokenized securities.
A film, a tour, a music catalogue or a sports event. The company that owns the project issues debt or shares and the ERIR registers them in a digital register. You prepare the issuance with your law firm and open it up to your investors from a single account.
How this is financed.
It is usual for each project to be in its own company, and for that company to be the one that issues. That way, whoever invests knows what they are financing. Tokenizing is recording the security it issues in a digital register; the security and its rights do not change.
- A production with revenues expected for a date, such as an already-sold distribution, fits with bonds and debentures.
- A short gap between what you pay and what you collect is covered with promissory notes.
- If you want the investor to share the result and the company is a public limited company, you can issue shares.
- If what they generate are copyrights or licences, see royalties and intellectual property.
- With investors you already know and without issuing securities, there is the participatory loan.
When it fits and when it doesn't.
It fits if
- The project is in its own company, or can be.
- You have a budget and a revenue schedule that cover the payment dates.
- You have your own investors to invite.
It does not fit if
- You want to sell your audience tickets, perks or digital collectibles. In general, that is not a financial instrument, and HokenFi does not cover it.
- You want the investor to be a co-owner of the work. What they subscribe is a security of the company, and the work remains in it.
- You need the money in days. Preparing an issuance takes weeks.
- You expect someone to find investors for you. HokenFi does not find them.
Which instrument to choose
| If you want… | What suits you | What you take on |
|---|---|---|
| Fixed term and interest, without ceding equity | Bonds and debentures | Pay on time even if the project performs worse |
| Cover less than a year until you receive payment | Promissory notes | Repay each promissory note at maturity |
| For the investor to share the result | Shares | Cede equity and voting rights. Requires an S.A. |
| Finance yourself with investors you already know, also in an S.L. | Participating loan | Tie part of the interest to how your company performs |
How it's done with HokenFi.
You tell us what you want to issue and the platform prepares the milestones for you.
- 01
Your company
A corporate law firm sets up the project company, if needed. You choose it from offers without leaving your account.
- 02
Your issuance document
A law firm specialized in securities or an investment services firm (ESI) drafts the issuance document. You also choose it from offers.
- 03
Your issuance
You create the tokens for your issuance. You start paying for the plan when you launch it.
- 04
Go to market
The ESI validates the offer when the law requires it and the ERIR registers the securities. You open the issuance collection account, with its own IBAN. It is the automated IBAN plugin, at 150 € per month, included in Scale and Institutional.
- 05
You open to your investors
Your investors are verified, subscribe and pay by transfer to that account. The ERIR records them as holders and you see the list on your dashboard.
The milestones for each step are in bonds and debentures and in shares.
What beginners usually ask.
Does the investor own the film or the songs?
No. They are a creditor or shareholder of the company that owns the project. The work and its rights remain with that company.
How is it different from selling a digital collectible?
A collectible or a fan benefit, in general, does not grant the right to interest or a share of the profits. A tokenized bond or share does, and they follow securities regulations, with an issuance document and an ERIR that registers them.
When is an ESI required?
When the issuance is without a prospectus and you offer it to the general public with advertising. The ESI validates the information your investors receive and supervises the marketing.
Do I need a prospectus?
In general no, if you are below 8 million in twelve months. From June 2026 the European regulation sets that figure at 12, unless a country opts for 5, but Spanish law still says 8, so your law firm confirms the one in force. Yes, you need the issuance document.
How much does it cost?
You pay a one-time access fee of 249 €. The plan, from 249 € per month, is not paid until you launch the issuance. The automated IBAN costs 150 € per month and is included in Scale and Institutional. Law firm fees, the ERIR and the ESI are separate and you see them in each offer before signing. Add notary and Commercial Registry fees. Prices exclude VAT.
Do you have a production or a catalogue? Tell us about your issuance.
Create your account, activate access and you will receive offers from law firms.
