Each FUDEX token represents one share of a regulated fund held in a segregated custody account — recorded by Empire Stock Transfer and mirrored to your wallet as an ERC-3643 book-entry security.
An index ETF for broad growth, an income REIT for yield, and a money-market fund for stability — all tradable peer-to-peer.
FUDEX doesn't issue synthetics or wrappers. FUDEX.IO tokenizes the fund 1:1 and lists it on the platform — with Empire Stock Transfer recording ownership as custodian of record. Burn the token and the share is released.
You own a book-entry security — a beneficial interest in one share of the underlying regulated fund per token. Ownership is recorded by Empire Stock Transfer and mirrored to your wallet; the token is the record, reconciled continuously.
A price oracle publishes each fund's net asset value on-chain. Peer-to-peer trades and the order book reference that NAV, so the market price stays anchored to the fund's real value with a small premium or discount.
You sell your tokens peer-to-peer to another whitelisted member through escrow, then withdraw the proceeds to your linked bank. Tokenization and de-tokenization are platform operations performed by FUDEX.IO — token holders never mint or redeem directly.
These are ERC-3643 permissioned tokens. They can only settle between KYC-verified, whitelisted addresses — compliance is enforced at the protocol level, which is what lets a regulated security live on a public chain.