Market Risk
Asset value and income
Hospitality revenues are cyclical. Projected yields are based on current operating assumptions. Actual income may be lower in periods of reduced occupancy or adverse market conditions.
Investment Model
The STRAN model translates a real hospitality asset into a legally-structured token with defined cash distributions, a clear exit mechanism, and no ambiguity in how value reaches investors.
Current Deal
CHF 21M raise · 21,000 tokens · Quarterly distributions
From asset to return
STRAN structures each asset as a special purpose vehicle, issues ERC-3643 tokens under Swiss DLT law, and distributes profits quarterly to verified token holders. Every step is documented and disclosed in advance.
STRAN identifies an income-generating real-world asset (hospitality, real estate, or infrastructure) with verifiable cash flow and unencumbered title.
The asset is held within a Swiss special purpose vehicle. Legal documentation is prepared under OR and DLT Act provisions with external legal review.
ERC-3643 permissioned tokens are issued on-chain. Each token represents a fractional economic claim on the SPV, entitling holders to their share of distributed profits.
Qualified investors subscribe through the portal. KYC and investor classification are enforced on-chain via the ERC-3643 compliance module.
Net operating income is distributed to token holders on a quarterly basis. Distribution amounts and NAV are reported in advance of each payment.
Indicative deal metrics
All figures are indicative and based on pre-launch projections. Formal investment documents with audited financials will be provided to qualified investors upon deal launch.
Raise Size
Total equity raise for the Splendid Hotel SPV.
Cash Yield
Projected annual cash distribution to token holders.
Target IRR
Blended return including income and capital appreciation over 5 years.
Token Count
Total ERC-3643 tokens issued for this offering.
| Item | Detail | Value |
|---|---|---|
| Income | ||
| Annual cash distribution | Net operating income after fees | 6.2% p.a. |
| Distribution frequency | Paid per token to registered holders | Quarterly |
| Distribution currency | Swiss franc, bank transfer | CHF |
| Capital | ||
| Entry price per token | Fixed at issuance | CHF 1,000 |
| Target holding period | Income + terminal value | 5 years |
| Target blended IRR | Income + appreciation | 8–9% |
| Fees | ||
| Management fee | Annual, charged at SPV level | Disclosed at launch |
| Performance fee | On terminal value above hurdle | Disclosed at launch |
Architecture detail
STRAN uses ERC-3643 on Polygon. Compliance rules are enforced at the smart contract layer — transfers are only permitted between verified, eligible participants. Profits generated by the SPV are distributed directly to token holders on-chain, quarterly.
Honest disclosure
STRAN does not obscure risk. Each deal carries specific market, legal, and operational risk that investors should assess independently in the context of their own mandates and with the advice of their own counsel.
Market Risk
Hospitality revenues are cyclical. Projected yields are based on current operating assumptions. Actual income may be lower in periods of reduced occupancy or adverse market conditions.
Regulatory Risk
The DLT securities framework in Switzerland is relatively new. Regulatory interpretation may evolve. STRAN engages Swiss legal counsel to monitor changes and update SPV documentation accordingly.
Liquidity Risk
A secondary market for DLT securities is developing but not yet fully liquid. Investors should treat this as a medium-term hold, not a short-term trading position. The 12-month lock-up reflects this.