LMA1, issued by the underlying credit fund sponsor and tokenized by CASHLINK Technologies GmbH, is a tokenized fund interest representing a fund unit issued as a crypto security under Germany's Electronic Securities Act (eWpG) [S1][S2].

The token represents a fund interest in a credit fund, with returns tracking the underlying fund share class measured by net asset value (NAV) [S1]. Where the underlying fund makes a distribution and eligibility requirements are met, holders receive a corresponding amount, with lifecycle events such as interest payments and redemptions automated via smart contracts and supporting payment in fiat, stablecoins or central bank money [S2][S3]. Cashlink does not publish end-investor fees on its domain [S4].

CASHLINK Technologies GmbH is a German limited company (GmbH) registered at Amtsgericht Frankfurt am Main, regulated by the Federal Financial Supervisory Authority (BaFin) under a license to maintain a crypto securities register pursuant to Section 16 eWpG, and holds a crypto custody license [S5][S2]. The holder's claim is a crypto security (Kryptowertpapier), an electronic security legally equivalent to a traditional security [S2][S6]. Investing requires completion of KYC and AML verification, with politically exposed person screening, and transfers are permissioned to whitelisted, KYC-verified wallets [S7][S2]. Custody is via qualified custodians supervised by BaFin or regulated self-custody [S7][S8].

The token follows the ERC-20 standard on EVM-compatible public-permissioned networks, with supported networks being Ethereum, Polygon and Stellar [S9]. The issuer submits holder data and a wallet address via an API; once validated, the recipient is whitelisted and the token is minted into the wallet [S2]. Settlement supports real-time onchain delivery-versus-payment and can shrink from T+2 to T+0 [S9][S8].

<Sources
  retrievedAt="2026-06-21"
  items={[
    { id: "S1", url: "https://cashlink.de/en/tokenized-funds/" },
    { id: "S2", url: "https://cashlink.de/en/ewpg-crypto-securities/" },
    { id: "S3", url: "https://cashlink.de/en/token-based-bond/" },
    { id: "S4", url: "https://cashlink.de/en/assettokenization/" },
    { id: "S5", url: "https://cashlink.de/en/imprint/" },
    { id: "S6", url: "https://cashlink.de/en/electronic-securities-act-ewpg/" },
    { id: "S7", url: "https://cashlink.de/en/compliance/" },
    { id: "S8", url: "https://cashlink.de/en/custodian-banks/" },
    { id: "S9", url: "https://cashlink.de/en/core/" },
  ]}
/>


Tokenized funds

website

Real-world asset (RWA) issuers

Cashlink

Lemonaid Crowdinvesting (LMA1) is a tokenized fund share issued by Cashlink.

LMA1 has been issued on Polygon as an ERC-20 token since September 2022.

Lemonaid CrowdinvestingLMA1

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