Terms of Service

By creating an account on the Token-x platform you agree to these Terms of Service and our Privacy Policy. If you do not agree, you must not use the platform.

These terms are governed by the laws of Kenya. Disputes are subject to the exclusive jurisdiction of the Kenyan courts, except where superseded by mandatory provisions of your local law.

You must be at least 18 years old and legally permitted to invest in securities in your jurisdiction to use Token-x.

Certain offerings are restricted to accredited investors, qualified purchasers, or investors in specific jurisdictions as defined by the applicable securities law under which each offering is made. You must complete KYC/KYB verification before investing. We reserve the right to decline any application without giving reasons.

Token-x is a technology platform that facilitates the issuance, administration, and secondary trading of tokenized security tokens under the ERC-3643 standard.

Token-x is not a broker-dealer, investment adviser, fund manager, or financial institution unless explicitly licensed as such in a specific jurisdiction. Nothing on the platform constitutes investment advice. You are solely responsible for your investment decisions.

You consent to identity verification by our KYC provider (Sumsub) as a condition of platform access. You agree to provide accurate, complete, and current information.

You acknowledge that Token-x is required by law to screen against sanctions lists and to report suspicious activity. Accounts flagged by our AML/CFT systems may be suspended or reported to relevant authorities without prior notice.

Security tokens are issued under specific offering documents. You must read and understand all offering materials before investing. Token-x does not guarantee returns, liquidity, or the accuracy of issuer-provided information.

Secondary market trading on the ATS is subject to availability. Order matching is on a best-efforts basis. Executed fills are final and settled on-chain. Token-x does not guarantee that any sell order will be filled.

Transfer restrictions (Reg D 12-month, Reg S 40-day, vesting lockups) are enforced at the smart contract level and cannot be overridden by any party.

Platform fees include minting fees, subscription fees, and secondary market trading fees. Current fee schedules are published in each offering document and in your account settings. Token-x reserves the right to change fees with 30 days notice.

Hosted wallets are managed by Token-x using multi-signature and Fireblocks MPC custody. You acknowledge that Token-x is the custodian of hosted wallets and that loss of access to the platform may affect access to your tokens.

For self-custody wallets connected via EIP-191 signature, you are solely responsible for your private keys. Token-x cannot recover lost self-custody wallet access.

You agree not to: (a) use the platform in violation of any law; (b) attempt to circumvent identity verification or transfer restrictions; (c) engage in wash trading, market manipulation, or spoofing on the ATS; (d) use the platform to launder money or finance terrorism; (e) reverse-engineer or exploit the platform's APIs.

Violation of these prohibitions may result in immediate account suspension and referral to law enforcement.

To the maximum extent permitted by law, Datacraft Ltd's total liability for any claim arising from your use of Token-x is limited to the fees you paid in the three months preceding the claim.

We are not liable for: blockchain network failures or congestion, smart contract bugs in third-party protocols, losses arising from market movements, or your failure to comply with applicable securities laws.

We may update these terms. Continued use of the platform after 30 days' notice of changes constitutes acceptance. If you do not accept updated terms, you must stop using the platform and contact us to close your account.