Ctrl Alt
Ctrl Alt is a London-headquartered tokenization infrastructure provider, founded in 2022, that enables institutional and government clients to structure, issue, and manage tokenized alternative assets (real estate, private credit, funds, commodities, renewables) on the XRP Ledger and Solana under FCA and VARA regulation.
- Company typePrivate
- Founded2022
- HeadquartersLondon, United Kingdom
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Ctrl Alt does
Ctrl Alt is a London-headquartered tokenization infrastructure provider founded in 2022 by Matt Ong, with the stated mission of broadening institutional access to alternative assets through blockchain-based structuring, issuance, and management of tokenized products spanning real estate, private credit, funds, commodities, and renewable infrastructure. The company operates an enterprise-grade platform combining proprietary tokenization technology with financial engineering expertise, supporting multiple blockchain networks including the XRP Ledger (powering Dubai's Real Estate Tokenization Project with secondary market trading) and Solana (used for the first tokenized structured product on that chain). Legal structuring is delivered through Guernsey Protected Cell Company frameworks in collaboration with offshore law firm Carey Olsen, enabling regulated fractional ownership of underlying assets.
The platform is offered exclusively to professional and institutional investors under a B2B enterprise sales motion. Core modules include Distribution Solutions (lowering minimums and expanding issuer reach), Structuring Solutions (tokenized SPV/fund wrappers), and Investment Solutions (direct exposure to alternative assets). Revenue is generated through subscription/recurring infrastructure fees, transaction-based distribution fees, and professional services fees on tokenization mandates. The company is FCA-authorized in the UK (FRN: 1045023, direct authorization secured April 2026) and VARA-licensed in the UAE for Broker-Dealer and Issuer Services (VL/25/05/002, granted May 2025 — the first such Issuer license issued by VARA).
Customer concentration is skewed toward flagship institutional and government counterparties, including Dubai Land Department, the Bank of England (as Synchronization Operator in the Synchronization Lab), Ripple, SEI, Mirae Asset Global Investments, Billiton Diamond, DMCC, and a UK renewables consortium (Smart Pension, Mobius, Octopus Energy Generation). The company has offices in London (headquarters), Dubai (MENA regional headquarters), Belfast (engineering/R&D hub), and Dundalk. Headcount grew from 17 to 50+ within roughly one year as of 2024, with the only disclosed funding being a €2.5m seed round in October 2023.
Ctrl Alt firmographics
Firmographics- Name
- Ctrl Alt
- Legal name
- Ctrl Alt Ltd
- Website
- https://ctrl-alt.co
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Ctrl Alt is a London-headquartered tokenization infrastructure provider, founded in 2022, that enables institutional and government clients to structure, issue, and manage tokenized alternative assets (real estate, private credit, funds, commodities, renewables) on the XRP Ledger and Solana under FCA and VARA regulation.
- Ownership category
- akta.pro rank
Ctrl Alt industry classification
Industry- Product category
- Tokenization Infrastructure / Digital Capital Markets Platform
- NAICS
- Portfolio Management and Investment Advice (523940), Securities and Commodity Contracts Intermediation and Brokerage (5231), Securities and Commodity Exchanges (52321), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Security Brokers, Dealers & Flotation Companies (6211)
- akta.pro primary industry
- Tokenized Securities & Capital Markets Infrastructure (equities, bonds, funds, ATS/MTF connectivity) (FSAPAIAD)
- akta.pro secondary industries
- Alternatives & Multi-Asset Digital Wealth Platforms (PE/VC/Real Assets access) (FSAGAEAL), Prime Brokerage & Institutional Trading Services (FSAPADAF)
Keywords
Where Ctrl Alt is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices4 records
Markets served
Ctrl Alt business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales, Others
Revenue model
- Tokenization Infrastructure Services: B2B infrastructure provision for structuring, issuing, and managing tokenized products. Services include platform access, tokenization engine usage, and regulatory compliance infrastructure.
- Distribution Services: Distribution infrastructure enabling access to wider investor pools through tokenization, lowering minimums and enabling on-chain capital raising for asset managers.
- Structured Product Tokenization: Arranging, structuring, and executing tokenization of structured products backed by yield-bearing assets.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Professional/Institutional Investor Pricing |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
Ctrl Alt product offering
Product offeringCore offering
Ctrl Alt is a B2B tokenization infrastructure provider that helps asset managers, governments, financial institutions, and fintechs structure, issue, and manage tokenized alternative assets such as real estate, private credit, funds, and commodities. Its platform combines blockchain technology (XRP Ledger, Solana) with financial engineering and regulatory compliance (FCA, VARA) to deliver end-to-end digital capital markets infrastructure. Services span structuring (digital SPVs and Guernsey Protected Cell Companies), issuance, on-chain lifecycle management, and distribution to professional and institutional investors.
Product overview
Ctrl Alt operates a unified tokenization infrastructure platform consisting of core technology for structuring, issuing, and managing tokenized alternative assets. The platform encompasses Distribution Solutions for expanding investor reach, Structuring Solutions for SPV and fund wrappers, and Investment Solutions for direct asset exposure. Key sub-brands include Ctrl Alt Solutions FZCO (UAE subsidiary) providing VARA-licensed broker-dealer and issuer services, and Guernsey Protected Cell Company structures for regulated investment vehicles. The company supports multiple blockchain networks including XRP Ledger (powering Dubai's Real Estate Tokenization Project with secondary market capabilities) and Solana (for structured products). The platform tokenizes assets across real estate, private credit, funds, commodities, and private markets, combining blockchain technology with expert financial engineering to deliver compliant, end-to-end solutions.
Differentiator
Problem solved
Functional benefit
Products and services
- Ctrl Alt Tokenization Infrastructure Platform Enterprise-grade tokenization infrastructure platform that enables the structuring, issuance, and management of tokenized products for alternative assets including real estate, private markets, funds, commodities, and private credit. Provides end-to-end digital capital markets infrastructure with blockchain integration, compliance frameworks, and regulatory adherence for professional and institutional investors.
- Ctrl Alt Solutions FZCO (UAE Regulated Services) UAE-based subsidiary (DMCC199928) licensed by VARA for Broker-Dealer and Issuer Services since 24 May 2025 (VASP licence VL/25/05/002). Provides tokenization infrastructure services within the Middle East region under the first Issuer license issued by VARA.
Quantifiable outcome
- Tokenized over $1.5bn in assets as of early 2026
- +3 more outcomes
Companies that use Ctrl Alt
Customer profileNamed customers9 records
Segments5 records
Ideal customer profiles4 records
Ctrl Alt technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Ctrl Alt partnerships and signals
Strategic signalPartnerships
15 partnerships are on record, tiered core, major, flagship and minor.
- Zand Bank, Garanti BBVA, Absa Bank, Chipper CashcoreFinancial institutions using Ripple's platforms for payments, custody, and crypto-enabled transfers. Part of Ripple's Middle East client portfolio where Ctrl Alt infrastructure is integrated.
- Solana FoundationcoreBlockchain network partner for first tokenized structured product on Solana. Solana Foundation supports institutional growth in Europe for RWA tokenization.
- Carey OlsencoreLeading offshore law firm supporting legal structuring for tokenized structured products. Expertise in finance and innovative offshore frameworks, using Guernsey structures for regulatory environment.
- Billiton DiamondmajorUAE-based firm executing $280 million diamond tokenization project. Tokenized over 1 billion AED in physical diamonds on XRP Ledger through Ctrl Alt's platform using Ripple's custody technology.
- Dubai Land DepartmentflagshipInfrastructure partner for the Real Estate Tokenization Project Pilot. Ctrl Alt developed trading system infrastructure for Phase Two enabling secondary market trading of tokenized real estate assets on XRPL.
- Prypco MintmajorDistribution platform partner for MENA's first tokenized real estate marketplace. Built on Ctrl Alt's Web3 infrastructure and backed by Dubai Future Foundation.
- Bank of EnglandflagshipSelected as Synchronization Operator within the Bank of England's Synchronization Lab for integrating digital assets with traditional settlement infrastructure (RT2). Building dedicated synchronization layer for Delivery versus Payment transactions.
- Mirae Asset Global InvestmentsmajorMoU signed to develop tokenized fund products in UAE. Ctrl Alt provides technology infrastructure for minting, issuance, and on-chain management of tokenized fund units while Mirae Asset contributes investment expertise and regional relationships.
- Smart Pension, Mobius, Octopus Energy GenerationmajorMoU signed to unlock potential of tokenized renewables for UK pension savers. Partnership explores tokenization of renewable energy assets for pension investment.
- SEIcoreExploring tokenization concepts within Bank of England's sandbox environment, testing cryptocurrency and tokenization concepts within regulatory framework.
- RipplecoreStrategic technology partner for blockchain infrastructure in Middle East expansion. Ripple's custody technology and XRP Ledger used for tokenization projects including Dubai real estate and diamond tokenization. Ripple Custody secures on-chain transactions.
- SEIcoreFinancial institution partner using Ctrl Alt's tokenization infrastructure for digital capital markets solutions.
- DMCCcoreDubai Multi Commodities Centre - regulatory hub partner for UAE operations with registered office in DMCC Business Centre.
- MoltenminorPartner/trusted by in the fintech ecosystem.
- KearneyminorGlobal management consulting firm that co-authored report with Ctrl Alt on $500 billion tokenization opportunity across GCC by 2030.
Scale indicators13 records
Recent moves8 records
Expansion highlights6 records
Ctrl Alt competitors and assessment
Company assessmentDirect peers
- Securitize: Securitize is a tokenization platform offering end-to-end issuance, transfer, and management of digital securities. Direct competitor to Ctrl Alt with overlapping product offering (security tokens, fund tokenization, secondary trading) and similar institutional/government client focus.
- Tokeny: Tokeny is a Luxembourg-based tokenization infrastructure provider focused on compliant issuance and lifecycle management of tokenized securities. Competes directly with Ctrl Alt in regulated tokenization for asset managers and financial institutions.
- Ondo Finance: Ondo Finance provides tokenized real-world asset products (e.g., USDY, OUSG) and institutional RWA infrastructure. Comparable to Ctrl Alt in tokenizing yield-bearing and alternative assets on-chain for institutional/professional investors.
- Polymath: Polymath is a security token platform providing tokenization standards and infrastructure for issuing regulated digital securities. Overlaps with Ctrl Alt's tokenization engine for securities issuance and compliance.
- RealT: RealT is a real estate tokenization platform offering fractional ownership of US rental properties via ERC-1404 tokens. Direct peer to Ctrl Alt in real estate tokenization with similar fractional ownership model for individual/professional investors.
Broad incumbents
- Fireblocks: Fireblocks provides enterprise-grade custody, tokenization, and blockchain infrastructure for institutions. While broader in scope (custody, payments, settlement), its tokenization capabilities compete with parts of Ctrl Alt's offering, especially via its integrations with XRP Ledger and Solana ecosystems.
- tZERO: tZERO operates a regulated security token exchange and tokenization platform for private/public securities. Overlaps with Ctrl Alt's exchange-like infrastructure and secondary market trading capabilities.
Emerging players
- Maple Finance: Maple Finance is an institutional on-chain credit marketplace offering tokenized lending/credit products. Comparable to Ctrl Alt's private credit and structured product tokenization capabilities for institutional investors.
- Provenance Blockchain: Provenance is a blockchain built for financial services, used for tokenized funds, private credit, and real estate. Competes with Ctrl Alt's infrastructure for fund/credit tokenization across asset managers and fintechs.
Regional players
- Diamond Standard: Diamond Standard offers tokenized diamonds as a regulated asset class via its own exchange and proprietary token. Adjacent to Ctrl Alt's $280M Billiton diamond tokenization project on XRP Ledger, though operating primarily in US/global markets rather than UAE.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Ctrl Alt social profiles
Digital presenceCtrl Alt compliance and trust
Trust signalCompliance3 records
Ctrl Alt financial estimates
Financial estimateRevenue estimate
Valuation estimate
Ctrl Alt leadership team
Management profileNumber of profiles
Profiles11 records
Ctrl Alt subsidiaries and ownership
Company hierarchySubsidiaries1 record
Ctrl Alt funding detail
Funding detailFunding overview
Funding rounds3 records
Investors9 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Ctrl Alt M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Ctrl Alt
What does Ctrl Alt do?
Ctrl Alt is a B2B tokenization infrastructure provider that helps asset managers, governments, financial institutions, and fintechs structure, issue, and manage tokenized alternative assets such as real estate, private credit, funds, and commodities. Its platform combines blockchain technology (XRP Ledger, Solana) with financial engineering and regulatory compliance (FCA, VARA) to deliver end-to-end digital capital markets infrastructure. Services span structuring (digital SPVs and Guernsey Protected Cell Companies), issuance, on-chain lifecycle management, and distribution to professional and institutional investors.
Is Ctrl Alt a public or private company?
Ctrl Alt is a private company. It is classified as venture growth investor backed and is currently operating.
When was Ctrl Alt founded?
Ctrl Alt was founded in 2022. It employs 11 to 50 people.
Where is Ctrl Alt based?
Ctrl Alt is headquartered in London, United Kingdom, in the Europe region.
How does Ctrl Alt make money?
Three revenue lines are on record. Tokenization Infrastructure Services are the primary driver. The others are distribution Services and structured Product Tokenization.
Who are Ctrl Alt's main competitors?
Direct peers on record are Securitize, Tokeny, Ondo Finance, Polymath and RealT. Broad incumbents are Fireblocks and tZERO. Emerging players are Maple Finance and Provenance Blockchain. Diamond Standard is listed as a regional player.
Does Ctrl Alt have an API?
No public API is recorded for Ctrl Alt.
What industry is Ctrl Alt in?
Ctrl Alt's product category is Tokenization Infrastructure / Digital Capital Markets Platform. Its primary akta.pro industry code is FSAPAIAD, Tokenized Securities & Capital Markets Infrastructure (equities, bonds, funds, ATS/MTF connectivity), with a secondary code of FSAGAEAL, Alternatives & Multi-Asset Digital Wealth Platforms (PE/VC/Real Assets access). Its NAICS code is 523940 and its SIC code is 6200.