Ctrl Alt

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.

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

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

• Tokenization infrastructure
• Alternative asset tokenization
• Digital capital markets
• Blockchain asset structuring
• Real estate tokenization

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales, Others

Revenue model

1. Tokenization Infrastructure Services: B2B infrastructure provision for structuring, issuing, and managing tokenized products. Services include platform access, tokenization engine usage, and regulatory compliance infrastructure.
2. Distribution Services: Distribution infrastructure enabling access to wider investor pools through tokenization, lowering minimums and enabling on-chain capital raising for asset managers.
3. Structured Product Tokenization: Arranging, structuring, and executing tokenization of structured products backed by yield-bearing assets.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core 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

Named customers9 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

15 partnerships are on record, tiered core, major, flagship and minor.

• Zand Bank, Garanti BBVA, Absa Bank, Chipper CashcoreTechnology or Integration · 3 May 2026Financial 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 FoundationcoreTechnology or Integration · 30 April 2026Blockchain network partner for first tokenized structured product on Solana. Solana Foundation supports institutional growth in Europe for RWA tokenization.
• Carey OlsencoreImplementation/ SI/ Consulting Partner · 30 April 2026Leading offshore law firm supporting legal structuring for tokenized structured products. Expertise in finance and innovative offshore frameworks, using Guernsey structures for regulatory environment.
• Billiton DiamondmajorStrategic or Co-development Partner · 28 February 2026UAE-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 DepartmentflagshipStrategic or Co-development Partner · 20 February 2026Infrastructure 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 MintmajorChannel Partner/ Reseller/ Distributor · 10 February 2026Distribution 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 EnglandflagshipStrategic or Co-development Partner · 10 February 2026Selected 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 InvestmentsmajorStrategic or Co-development Partner · 22 January 2026MoU 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 GenerationmajorStrategic or Co-development Partner · 10 December 2025MoU signed to unlock potential of tokenized renewables for UK pension savers. Partnership explores tokenization of renewable energy assets for pension investment.
• SEIcoreStrategic or Co-development Partner · 10 April 2025Exploring tokenization concepts within Bank of England's sandbox environment, testing cryptocurrency and tokenization concepts within regulatory framework.
• RipplecoreTechnology or IntegrationStrategic 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.
• SEIcoreStrategic or Co-development PartnerFinancial institution partner using Ctrl Alt's tokenization infrastructure for digital capital markets solutions.
• DMCCcoreStrategic or Co-development PartnerDubai Multi Commodities Centre - regulatory hub partner for UAE operations with registered office in DMCC Business Centre.
• MoltenminorStrategic or Co-development PartnerPartner/trusted by in the fintech ecosystem.
• KearneyminorStrategic or Co-development PartnerGlobal 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

Direct 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

• LinkedInlinkedin.com/company/ctrl-alt
• Xx.com/CtrlAltCo

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries1 record

Funding overview

Funding rounds3 records

Investors9 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ctrl Alt