What is Piqlbaq ? 

Piqlbaq is a real estate tokenisation platform enabling fractional ownership of institutional-grade property assets through regulated Special Purpose Vehicles (SPVs) in Jersey. Our platform transforms bricks into blockchain-backed tokens securely, compliantly, and transparently.

How is Piqlbaq different from other tokenisation platforms ? 

We focus on institutional-quality assets, not speculative tokens. We operate through a Jersey SPV structure, offering enhanced legal protection. We target sophisticated capital, family offices, HNWs, and institutional syndicates, not the retail masses (yet).

What is tokenisation ?

Tokenisation is the process of digitally representing real-world assets, like property, on the blockchain. It allows assets to be divided into smaller, tradable units called “tokens,” which represent economic rights (e.g. equity, rental income) in the underlying asset.

Who can invest with Piqlbaq ? 

Only professional or sophisticated investors. Piqlbaq is not open to the general public. You must meet the criteria under UK and Jersey financial regulations to invest via our platform. Retail investors are not eligible at this stage.

Are there dividends or income payouts ? 

Where applicable, net rental income (post-fees and obligations) may be distributed to token holders via smart contract. This varies by project and will be outlined in the terms for each SPV offering.

Is this regulated ? 

Yes, indirectly. While Piql Ltd operates from the UK, all token issuances are executed via securitisation vehicles - Piqlbaq Ltd (Jersey) regulated under Jersey law. We align with EU MiCA’s evolving framework and apply industry best practices for investor protection and KYC/AML compliance.

How is investor capital
protected ? 

Each property is held in a ring-fenced SPV structure domiciled in Jersey, regulated under JSFC-compliant guidelines. Investors hold security tokens directly linked to that asset, ensuring transparency and separation from Piqlbaq corporate operations.

Can I redeem my tokens or exit early ? 

Tokens are typically illiquid during the initial lock-up period. After this, a secondary OTC-style bulletin board may allow matched exits, but this is not guaranteed. Most returns are expected via refinancing, buybacks, or eventual SPV exit strategies.

What are the key risks ? 

Tokenised real estate carries the same fundamental risks as traditional property investments, those being: market volatility, liquidity constraints, and regulatory changes. Additionally, there are risks specific to this type of tokenised investment. The first is Limited secondary liquidity; a resale bulletin board may be available, but there’s no guarantee of an active market.
Secondly, smart contract and operational risks exist, while our platform undergoes rigorous testing, no system is entirely risk-free. Finally, jurisdictional complexity due to cross-border structures (UK-Jersey) introduces legal and tax implications that require professional advice.

Is this a cryptocurrency ?

No. Piqlbaq tokens are not cryptocurrencies like Bitcoin or Ethereum. Our tokens are security tokens and therefore are legally backed representations of ownership in a real-world property SPV, issued under Jersey securitisation law.

Can you give an example of an institutional-grade property ? 

Typically, this refers to large-scale, income-generating commercial real estate assets. This includes Grade-A office buildings in prime locations (e.g. London’s West End, Paris La Défense), Logistics and distribution centres with long-term leases to strong covenants, Large-scale residential portfolios (e.g. build-to-rent developments), and Shopping centres or retail parks with diversified tenant mixes and strong footfall.

What blockchain is used ?

We use Ethereum-compatible protocols, notably ERC-3643, which enables compliance-enforced transfer restrictions, KYC gating, and permissioned smart contract logic.

Can I speak to someone before investing ?

Yes. If you meet the eligibility criteria, our team will walk you through the offering, deal terms, and compliance onboarding. We do not offer financial advice — we strongly recommend you consult your investment advisor or manager.