Tokenisation infrastructure provider Ctrl Alt has officially launched its first tokenised structured product on the Solana network. The milestone transaction sets a new benchmark for integrating traditional finance with on-chain capital, having already placed over $400million in tokenized assets on-chain.
The transaction involved Ctrl Alt arranging, structuring, and executing the tokenization of a structured product backed by yield-bearing assets. These underlying assets were sourced directly from a regulated UK financial services firm.
Bridging traditional finance and digital capital
To support the complex legal structuring of the transaction, Ctrl Alt partnered with Carey Olsen, a leading law firm and offshore specialist. The structure was established and tokenized using a specialized vehicle domiciled in Guernsey. This jurisdiction was specifically selected for its innovation-friendly regulatory environment, deep financial expertise, and speed of execution.
The approach highlights the next evolutionary stage of tokenization, proving how innovative structures can effectively bridge on-chain capital with traditional finance opportunities. By combining blockchain technology with established legal frameworks, the approach offers several distinct advantages:
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Financial firms can raise, deploy, and manage funds efficiently while maintaining familiar governance and regulatory standards.
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The structure provides profound operational efficiency across the entire structured product lifecycle.
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It actively supports digital issuance, transfer, and settlement while preserving traditional management and oversight.
Industry perspectives
Matt Ong, founder and CEO at Ctrl Alt, emphasized the growing institutional appetite for blockchain-based funding.
“Tokenization is increasingly becoming part of the conversation for financial institutions seeking new ways to access capital,” Ong stated. “By combining innovative structured finance with on-chain funding, we’re able to create solutions that integrate with existing frameworks while providing greater efficiency and flexibility. We’re proud to deliver the first structured product on Solana.”
Ben Brophy, head of institutional growth, Europe at the Solana Foundation, noted the importance of this integration for the wider blockchain ecosystem.
“Bringing together traditional experience and technical understanding to design and deliver access to Real World Assets (RWA) is key to greater institutional utilisation of Solana,” Brophy commented. “Internet capital markets on Solana brings together allocators, issuers, and market infrastructure, enabling more efficient access to products and services. Ctrl Alt has demonstrated that they are leading the market in bringing alternative financial instruments on-chain, and driving material capital allocations into these assets.”
Matt Brehaut, partner at Carey Olsen, praised the choice of jurisdiction for the landmark deal.
“Guernsey’s sophisticated regulatory framework, flexibility and financial expertise make it the natural choice for establishing innovative structures of this kind, and Solana and Ctrl Alt’s decision to domicile their first tokenized structured product in Guernsey further reinforces the island’s position as a leading centre for cutting-edge on-chain finance,” Brehaut explained.
Founded in 2022, Ctrl Alt supports the end-to-end asset lifecycle from origination and structuring through to issuance and distribution. As of April 2026, the firm has successfully tokenized over $1.4billion in assets, spanning real estate, private credit, funds, and commodities.
