Gibraltar mulls allowing tokenized fund shares for some companies
The proposed legislation would allow regulated funds to issue blockchain-based shares with full legal recognition and investor protections.
Gibraltar has introduced legislation that would legally recognize tokenized fund shares and allow certain regulated funds to issue shares on distributed ledger systems, granting investors the same rights as traditional shareholdings.
The Protected Cell Companies (Amendment) Bill 2026 states that “the holder of a share token is a shareholder with the same rights and obligations as any other holder of cell shares,” referring to shares linked to specific asset pools within a protected cell company.
Protected cell companies, typically insurance or financial entities, have a core organization that is linked to several independent cells, each with its own balance sheet.
