Programmable Compliance Infrastructure for Private Markets

D01 is the infrastructure layer for equity ownership and compliance.

Programmable cap tables, compliance embedded on the share, fundraising, and corporate actions. One protocol serving founders, employees, investors, and broker-dealers from incorporation until IPO.

Incorporating, raising funds, issuing options, communicating updates, all live in disconnected platforms, which is a headache for founders, investors and employees alike.

Cap tables diverge across multiple tools and spreadsheets. Every fundraise means weeks of reconciliation. Employees can wait 7-10 years for liquidity events on shares they don't actually hold.

Even larger institutions spend billions on compliance, independently.

• $190B+/year spent globally on financial crime compliance, most duplicated across counterparties
• 61-150 days for KYC onboarding at over half of financial institutions
• $10-50K and 4-12 weeks per private securities transfer
• 70% of banks have lost clients due to slow, inefficient compliance processes

No shared ledger exists for $14.9T AuM in private assets, thus every participant maintains their own version of the record. Clean hand-off for public offerings requires reconciling all of the shares and transfers.

D01 enables a world where equity rights enforce themselves. Where ownership is verifiable, not promised. Where corporate actions execute without reconciliation. Where compliance is embedded in the asset; verified once, trusted by every participant.

One ledger. Every founder, employee, investor, and broker reads the same record.

D01 uses a compliant tokenisation standard (CMTAT) to model Shares, Options, SAFEs and other instruments, with a proprietary Compliance Layer that codifies and enforces the laws of each jurisdiction.

ZAMA is used for onchain privacy, and confidentiality.

Ethereum as our source of truth.

Ownership lives on a public, permissionless ledger that ensures privacy and enforcement rights for the shareholder, compliance abstraction for the distribution parties and a programmable equity toolkit for the operating companies.

Phase 0: Foundation ✅ Core protocol. Cap tables. Vesting. Dividends. Document storage. Board actions.

Phase 1: Private Markets ✅ Priced rounds. SAFEs. Convertibles. Options/RSUs. Transfer restrictions. Round simulations.

Phase 1.5: Secondary & Infrastructure [IN PROGRESS] Broker-dealer rails. ATS integration. ROFR automation. Nominee holdings. Service provider APIs.

Phase 2: Public Markets On-chain IPO rails. DTC interoperability. Real-time settlement.

Companies ::: Deploy and manage equity from Day One.

Shareholders ::: Real-time holdings, vesting, conversions, one view, on-chain validation.

Institutions ::: Broker-dealers, custodians, and investment banks settle on a shared settlement layer.

Regulatory Clarity SEC clarified that equity tokens integrated into official registers represent true equity ownership. Swiss and Delaware law already support blockchain ledgers. EU-INC in the works.

Scaling & Privacy New protocols solved blockchain privacy (FHE), allowing confidentiality without sacrificing compliance. Transaction costs are close to negligible.

Market Demand Crypto-native founders increasingly want on-chain equity. BlackRock's $2B+ BUIDL fund validates institutional appetite for tokenized assets. The token-vs-equity debate is over.

Secondary Market Growth $210B+ in private secondary volume, growing 30-50% YoY, heading to $400B by 2030. The demand for private securities infrastructure is accelerating independently of crypto.

D01 enables a world where equity rights enforce themselves. Where Ownership is verifiable, not promised. Where corporate actions can execute without intermediaries.

We aim to be the default settlement layer for private securities, serving the interests of all stakeholders during a transaction.

d01.io · @equitylayer · Contact