Frequently Asked Questions (Terms of Investments) for Tokenized dShares

A tokenized stock is a digital representation of a share of ownership in a publicly traded company. However, instead of a traditional share certificate, it exists as a token on a blockchain. Tokenized equity is issued, bought, and sold on blockchain platforms, while traditional stocks are traded on centralized stock exchanges. Tokenization allows investors to buy fractions of these stocks, making it possible for more people to participate in the growth of valuable companies without needing significant capital. Read more about tokenization by clicking here.

Fasset is committed to being at the forefront of the industry by offering tokenized securities on its platform. As a pioneering platform, Fasset has taken the concept of tokenization and aligned it with Shariah compliance, creating new avenues for ethical investing. Through its innovative platform, Fasset provides access to a variety of tokenized assets, opening doors to high-grade and high-yielding products, even for those in emerging markets.

The following section covers some of the most frequently asked questions regarding the tokenized stocks offered on the Fasset platform. These also serve as terms of investment.

Frequently Asked Questions (FAQ):

- Tokenized Stocks on Fasset 

1) How does Fasset offer tokenized stocks?

• Fasset offers tokenized stocks in the form of dShares by using Dinari as a service provider. Dinari facilitates the tokenization process, manages blockchain infrastructure, and ensures compliance with regulatory standards. You can learn more about dShares by reviewing their details on Dinari’s website here.

2) What is the minimum investment amount for tokenized stocks at Fasset?

• The minimum investment amount for tokenized stocks at Fasset is $10.

3) What tokenized stocks are available on Fasset?

• Fasset Offers a variety of stocks including:

1. Apple Inc. (AAPL)
2. Amazon.Com Inc (AMZN)
3. The Walt Disney Company (DIS)
4. Alphabet Inc. Class A Common Stock (GOOGL)
5. Meta Platforms, Inc. Class A Common Stock (META)
6. Microsoft Corp (MSFT)
7. NetFlix Inc (NFLX)
8. Nvidia Corp (NVDA)
9. Pfizer Inc. (PFE)
10. PayPal Holdings, Inc. Common Stock (PYPL)
11. Tesla, Inc. Common Stock (TSLA)
12. Coinbase Global, Inc. Class A Common Stock (COIN)
13. Arm Holdings plc American Depositary Shares (ARM)
14. Advanced Micro Devices (AMD)
15. PROLOGIS, INC. (PLD)
16. McDonald's Corporation (MCD)
17. Yum! Brands, Inc. (YUM)
18. Block, Inc. (SQ)
19. Riot Platforms, Inc. Common Stock (RIOT)
20. Annaly Capital Management. Inc. (NLY)
21. Reddit Inc. (RDDT)

Additionally, Fasset is constantly adding new stocks to the platform. Keep checking our stocks page within the application for the latest information.

4) Can I use leverage or margin trading with tokenized stocks?

• No, leverage or margin trading is not available for tokenized stocks on Fasset.

5) How does dividend payment work for tokenized stocks at Fasset?

• Currently, Fasset does not offer dividend payments for tokenized stocks. However, we are actively working to integrate this feature into our stock offerings soon. Stay tuned for updates as we strive to enhance your investment experience.

6) Can I participate in shareholder meetings and vote if I own tokenized stocks?

• No, currently you cannot participate in the shareholder meetings if you own tokenized stocks at Fasset.

- Buying and Selling

1) How do I buy tokenized stocks on Fasset? 

• You can buy Stocks using your cash balance or USDTs under Fasset Labuan Limited (“Fasset Global”). Fasset Global is regulated by the Labuan Financial Services Authority (LFSA).

2) Are there any fees for buying or selling tokenized stocks?

• Yes, Fasset charges a very minimal fee on buying and selling of stocks. This covers as below:
  
  1. Buy: 0.54 USD (Flat Rate)
  2. Sell: 0.54 USD + 0.5% Fee

3) How long does it take for a transaction to be processed?

• Transactions are usually processed in 2-5 minutes when the market is open, depending on network congestion. If the market is closed when an order is placed, it will be executed when the market reopens.

4) When can I sell my tokenized stocks at Fasset?

• You can sell your tokenized stocks anytime during market trading hours. If you place a sell order when the market is closed, it will be executed once the market reopens.

5) When does the market open and close for trading tokenized stocks? 

• The market for trading tokenized stocks follows US market hours, specifically Monday to Friday, 9:30 AM to 4:00 PM Eastern Time (EST). For a full schedule of US trading hours, see the Nasdaq and NYSE websites.

6) Are there any restrictions on trading hours for tokenized stocks?

• Trading hours for tokenized stocks are restricted to the operating hours of the underlying US stock market. Orders placed outside of these hours will be processed when the market opens.

- Partners and Security

1) Who is Fasset's partner for offering tokenized stocks?

• Fasset offers tokenized stocks by using Dinari as a service provider which mints 1-1 backed US Stocks as “dShares” as an ERC-20 token on the Arbitrum Blockchain. Dinari facilitates the tokenization process, manages blockchain infrastructure, and ensures compliance with regulatory standards.

2) How can I find information about the companies behind the tokenized stocks? 

• You can find information about the companies behind the tokenized stocks on NASDAQ, financial news websites, company investor relations pages, and stock market analysis platforms.

3) How secure is my investment in tokenized stocks?

• Investments in tokenized stocks are secure because they are built on blockchain technology, which provides transparent, tamper-proof, and secure transaction records.

4) What measures does Fasset take to protect my assets?

• Fasset protects your assets through robust security protocols, including encryption, secure access controls, and regular security audits to prevent unauthorized access and ensure the safety of your investments.

5) Are tokenized stocks compliant with US securities regulations?

• Tokenized stocks offered through Fasset and facilitated by Dinari are designed to be exempt from US securities regulations.

6) What are the tax implications of investing in tokenized stocks?

• Tax implications depend on your geographical location and local tax laws. It's advisable to consult a tax professional to understand the specific tax obligations related to your investments.

7) Can I transfer my tokenized stocks to another platform or wallet? 

• No, tokenized stocks purchased on Fasset cannot be transferred to another platform or wallet.

- Support and Assistance

How can I contact customer support?

• You may contact to our dedicated customer support team at [e-mail]