Beself Brands, the parent company behind several major brands, announced the launch of BeToken equity tokens in Spain. This significant event is linked to recently enacted securities laws in the country.
First of its Kind Launch in Spain
In July 2025, Beself Brands launched its new product BeToken, becoming the first company in Spain to fully tokenize its equity. This step was taken under the guidance of URSUS-3 Capital, which serves as the designated registration and record agent. This significant event occurred as part of the reform of securities laws enacted in Spain in 2023.
Technical Features of BeToken
BeToken uses the ERC-3643 standard, a permissioned asset tokenization framework. Each tokenized equity share is a digital replica of an ordinary share with full dividend and voting rights. A key feature is the presence of built-in identity verification and transfer restrictions, enhancing compliance with KYC/AML rules.
Prospects for Tokenized Capital in Europe
Experts believe that the BeToken launch may serve as a model for other companies in Europe looking to tokenize their assets. Blockchain technology offers small and family-owned businesses a streamlined way to raise capital, allowing consumers to literally own a stake in the companies they love.
The launch of Beself Brands' BeToken in Spain opens new horizons for tokenized capital in Europe. This could lead to a significantly wider adoption of blockchain technologies in the investment sector.
