CANP, issued by Colb Asset SA, is a tokenized structured product providing onchain economic exposure to the private-market value of a pre-IPO company, structured as a Colb Tracker Token tracking the underlying instrument through a dedicated price oracle. [S1][S2]

CANP tracks the pre-IPO equity value of Anthropic, with the Colb Trust holding shares in a special purpose vehicle that owns the underlying pre-IPO shares. [S2] Each token carries a proportional economic right to the Trust's position; it has no yield or dividend component, and returns derive solely from the company's value appreciation and an eventual exit such as an IPO or sale. [S2][S3] A deposit fee is deducted before issuance and a redemption fee before settlement, with a higher fee for instant redemption. [S2][S4]

Colb Asset SA is a Swiss-registered financial intermediary in Genève, Switzerland, and a member of ARIF, a self-regulatory organization recognized by the Swiss Financial Market Supervisory Authority (FINMA) for AML supervision. [S1][S5] Tokens are issued through the bankruptcy-remote Colb Trust and characterized under Swiss law as ledger-based securities representing a proportional economic right rather than direct share ownership. [S5][S4] Access is limited to qualified investors holding CHF 500,000 in investable assets with relevant experience, or CHF 2,000,000 without; U.S. persons and sanctioned jurisdictions are excluded. [S3] Redemption is cash-settled in USC only, after a six-month post-IPO lock-up; backing assets are held at a licensed Swiss private bank. [S2][S3]

CANP is a fungible token recorded on EVM-compatible chains. [S4] After the Trust acquires the underlying exposure, tokens are minted to the holder's wallet and burned at redemption through Colb Liquids queue-based mechanisms. [S2][S6] Pricing uses recent SPV transaction data or a quarterly official valuation supplied via the Colb oracle. [S2][S4]

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  retrievedAt="2026-06-21"
  items={[
    { id: "S1", url: "https://www.colb.finance/" },
    { id: "S2", url: "https://docs.colb.finance/products/tokenized-pre-ipos.md" },
    { id: "S3", url: "https://docs.colb.finance/products/tokenized-pre-ipos.md?ask=what+is+the+lock+up+period+and+eligibility+qualified+investors+and+excluded+jurisdictions+US+persons" },
    { id: "S4", url: "https://docs.colb.finance/products/tokenized-managed-strategies/cbal.md?ask=what+are+the+fees+legal+structure+redemption+and+token+standard" },
    { id: "S5", url: "https://www.colb.finance/about" },
    { id: "S6", url: "https://docs.colb.finance/investment-core-tech/colb-liquids.md" },
  ]}
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Tokenized stocks

Each tokenized asset is a strategy contract deployed via Colb's RWA LSFactory and tracks the value of an underlying real-world asset through dedicated price oracles and aggregators. Token holders gain economic exposure to the underlying; a USD-pegged stablecoin ($USC) and a Chainlink CCIP portal support settlement and cross-chain transfers.

Colb (Colb Finance) is a platform for tokenizing real-world assets on-chain. It issues tokenized exposure to private companies and pre-IPO equities (e.g. Colb SpaceX, Colb Anthropic, Colb Revolut) through on-chain liquid-strategy (LS) contracts deployed by its RWA LSFactory, and operates a USD-pegged stablecoin ($USC). Contracts are deployed across BNB Chain, Ethereum, Polygon and Moonbeam.

Users seeking on-chain, tokenized exposure to real-world assets and private-company / pre-IPO equity.

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Real-world asset (RWA) issuers

Colb

Colb Anthropic (CANP) is a token tracking Anthropic shares, backed by dedicated collateral, issued by Colb through Colb Trust.

The collateral assets are held in a bankruptcy-remote structure.

Qualified investors worldwide can mint and redeem directly with Colb in USC after completing KYC, with a USC 25,000 minimum.

Residents of the United States and jurisdictions under applicable sanctions cannot mint or redeem with Colb.

Colb Trust is structured under the Swiss DLT Act.

CANP has been issued on BNB Chain as an ERC-20 token since June 2026.

Colb AnthropicCANP