Aspen Digital Security Token
Aspen Digital Inc. is a Maryland single-purpose corporation that issued the Aspen Coin asset-backed security token, giving accredited investors fractional ownership of the St. Regis Aspen Resort, a 179-room luxury hotel in Aspen, Colorado, under a Reg D 506(c) private placement.
- Company typePrivate
- Founded1974
- HeadquartersNew York, United States
- Headcount1–10
- GTM typeB2C
- OfferingSoftware
What Aspen Digital Security Token does
Aspen Digital Security Token is the trading identity for Aspen Digital Inc., a Maryland single-purpose corporation that issued the Aspen Coin — an asset-backed digital security token representing fractional ownership of the St. Regis Aspen Resort, a 179-room luxury hotel located at 315 E Dean St, Aspen, Colorado. The issuer distributes the token exclusively to SEC-accredited investors via a private Reg D 506(c) placement under Section 4(a)(2) of the Securities Act, with the offering documented in a private placement memorandum and serviced through a dedicated investor portal at portal.aspencoin.io. Economically, the entity's revenue is generated through hotel operations (rooms, F&B, spa, ancillary), with cash flows effectively distributed to token holders as owners of the underlying asset.
The core technology is blockchain-based security token infrastructure: a regulated digital representation of real estate equity recorded on a distributed ledger, paired with a web-based investor portal for account management and disclosure. The company itself runs with 1–10 employees and is externally managed by ER-RE, LLC, a wholly-owned subsidiary of Elevated Returns LLC, a New York-based real estate asset management and advisory firm that uses Aspen Digital as a flagship vehicle for its broader thesis of building a borderless, blockchain-enabled real estate investment ecosystem.
The go-to-market is exclusively sales-led and direct: accredited investors are qualified individually, granted access to the private placement memorandum, onboarded through the portal, and serviced via direct email ([email protected]). There is no public marketplace or secondary exchange liquidity referenced; resale is restricted under the Reg D framework. Customer concentration is by design on a single underlying physical asset (one hotel property), making asset-level diversification the primary investment risk rather than the issuer's operating performance.
Aspen Digital Security Token firmographics
Firmographics- Name
- Aspen Digital Security Token
- Legal name
- Aspen Digital Inc.
- Website
- https://aspencoin.io
- Company type
- Private
- Founded year
- 1974
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Aspen Digital Inc. is a Maryland single-purpose corporation that issued the Aspen Coin asset-backed security token, giving accredited investors fractional ownership of the St. Regis Aspen Resort, a 179-room luxury hotel in Aspen, Colorado, under a Reg D 506(c) private placement.
- Ownership category
- akta.pro rank
Aspen Digital Security Token industry classification
Industry- Product category
- Tokenized Real Estate Securities
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Digital Asset Custody & Tokenization Servicing (FSAAAOAO)
- akta.pro secondary industry
- Mint/Redeem, Issuance APIs & Treasury Operations Platforms (FSADADAE)
Keywords
Where Aspen Digital Security Token is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Aspen Digital Security Token business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Operations, Infrastructure, Technology or R&D, Marketing or Sales, Personnel
Revenue model
- Real Estate Ownership Revenue: Investors acquire tokenized ownership of the St. Regis Aspen Resort luxury hotel. Revenue is generated through property ownership appreciation, hotel operations, and potential liquidity events in the digital security token market.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Aspen Digital Security Token product offering
Product offeringCore offering
Aspen Digital Security Token issues and distributes the Aspen Coin, an asset-backed digital security token that represents fractional ownership in the St. Regis Aspen Resort, a 179-room luxury hotel in Aspen, Colorado. The offering is structured as a private Reg D 506(c) placement restricted to SEC-accredited investors, with tokens distributed through a dedicated investor portal. The company also operates the investor portal that token holders use to access and manage their holdings.
Product overview
Aspen Digital Security Token offers a single core product: the Aspen Coin (Aspen Digital Token), an asset-backed security token enabling fractional ownership of the St. Regis Aspen Resort luxury hotel. The offering is structured as a Reg D 506(c) private placement for accredited investors. The company also provides an Investor Portal as the primary interface for token holders to access their investments.
Differentiator
Problem solved
Functional benefit
Brands
- Aspen Coin: The Aspen Digital Token, an asset-backed security token distributed to investors through a private Reg D 506(c) offering, representing ownership in the St. Regis Aspen Resort.
- St. Regis Aspen Resort
Products and services
- Aspen Coin (Aspen Digital Token) An asset-backed digital security token distributed to investors through a private Reg D 506(c) offering, representing fractional ownership in the St. Regis Aspen Resort, a 179-room luxury hotel in Aspen, Colorado. Designed for accredited investors seeking access to luxury hospitality real estate via blockchain-based fractional ownership.
- Aspen Coin Investor Portal A web-based investor portal that allows Aspen Coin holders to access and manage their security token holdings, review offering documentation (including the Owner Benefit Program terms), and engage with the issuer.
Companies that use Aspen Digital Security Token
Customer profileSegments1 record
Ideal customer profiles1 record
Aspen Digital Security Token technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Aspen Digital Security Token partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- ER-RE, LLCcoreExternal manager of Aspen Digital Inc. upon completion of the offering. ER-RE, LLC is a subsidiary of Elevated Returns, LLC, a New York-based real estate asset management and advisory firm. Responsible for management of the St. Regis Aspen Resort ownership entity.
Scale indicators1 record
Recent moves5 records
Expansion highlights3 records
Aspen Digital Security Token competitors and assessment
Company assessmentEmerging players
- SPiCE VC: SPiCE VC has issued tokenized fund interests through regulated security-token structures, making it an emerging-player peer demonstrating how blockchain-based fractional ownership can be applied to traditionally illiquid alternative assets similar to Aspen's hotel-backed tokens.
- Swarm: Swarm tokenizes real-world assets including real estate through regulated security tokens, offering a partially overlapping emerging-player peer profile focused on compliant issuance of fractional property exposure similar to Aspen Digital.
- Tokeny: Tokeny provides a tokenization-as-a-service platform for issuers of regulated securities (including real estate), making it an emerging-player peer whose tooling competes for the same 506(c) issuance workloads that underwrite Aspen Digital.
- Vertalo: Vertalo offers primary-issuance and cap-table infrastructure for tokenized securities, including real estate; it is an emerging-player peer at the issuance/administration layer adjacent to Aspen Digital's offering workflow.
Direct peers
- RealT: RealT tokenizes fractional ownership of U.S. rental real estate and distributes yields on-chain to token holders, making it a direct comparable for Aspen Digital's model of fractional, blockchain-mediated ownership of a single physical property.
- Harbor: Harbor (acquired by BitGo) provided a compliance platform for tokenized securities including real estate and private funds, making it a directly comparable infrastructure-level peer for issuers like Aspen Digital that distribute asset-backed tokens under Reg D.
- Securitize: Securitize is a regulated platform for issuing, managing, and trading tokenized securities; its feature set — investor onboarding, cap-table management, and transfer-agent compliance — overlaps directly with the operational scaffolding required by an Aspen-style 506(c) real estate token offering.
- Polymath: Polymath built a protocol and tooling stack for issuing compliant security tokens, including real estate offerings, positioning it as a directly comparable peer at the security-token issuance layer that Aspen Digital operates in.
- tZERO: tZERO operates a regulated ATS for security tokens, including real estate and private equity products, and is a directly comparable peer addressing the secondary-trading and liquidity dimension that Aspen Digital's token currently lacks.
Broad incumbents
- Elevated Returns: Elevated Returns LLC is Aspen Digital's parent company and the driver of the broader 'borderless tokenized real estate marketplace' vision; it is the most directly strategically aligned peer and the entity whose roadmap most shapes Aspen Coin's trajectory.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights5 records
Customer concentration
Aspen Digital Security Token social profiles
Digital presenceAspen Digital Security Token compliance and trust
Trust signalCompliance1 record
Aspen Digital Security Token financial estimates
Financial estimateRevenue estimate
Valuation estimate
Aspen Digital Security Token leadership team
Management profileNumber of profiles
Profiles1 record
Aspen Digital Security Token subsidiaries and ownership
Company hierarchySubsidiaries1 record
Aspen Digital Security Token funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Aspen Digital Security Token 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 Aspen Digital Security Token
What does Aspen Digital Security Token do?
Aspen Digital Security Token issues and distributes the Aspen Coin, an asset-backed digital security token that represents fractional ownership in the St. Regis Aspen Resort, a 179-room luxury hotel in Aspen, Colorado. The offering is structured as a private Reg D 506(c) placement restricted to SEC-accredited investors, with tokens distributed through a dedicated investor portal. The company also operates the investor portal that token holders use to access and manage their holdings.
Is Aspen Digital Security Token a public or private company?
Aspen Digital Security Token is a private company. It is classified as corporate owned and is currently operating.
When was Aspen Digital Security Token founded?
Aspen Digital Security Token was founded in 1974. It employs 1 to 10 people.
Where is Aspen Digital Security Token based?
Aspen Digital Security Token is headquartered in New York, United States, in the North America region.
How does Aspen Digital Security Token make money?
One revenue line is on record: real Estate Ownership Revenue.
Who are Aspen Digital Security Token's main competitors?
Emerging players on record are SPiCE VC, Swarm, Tokeny and Vertalo. Direct peers are RealT, Harbor, Securitize, Polymath and tZERO. Elevated Returns is listed as a broad incumbent.
Does Aspen Digital Security Token have an API?
No public API is recorded for Aspen Digital Security Token.
What industry is Aspen Digital Security Token in?
Aspen Digital Security Token's product category is Tokenized Real Estate Securities. Its primary akta.pro industry code is FSAAAOAO, Digital Asset Custody & Tokenization Servicing, with a secondary code of FSADADAE, Mint/Redeem, Issuance APIs & Treasury Operations Platforms. Its NAICS code is 522320 and its SIC code is 6199.