CREV, issued by Colb Asset SA, is a tokenized structured product providing onchain economic exposure to the private-market value of a pre-IPO equity position, structured as a Tokenized Structured Product legally issued through the bankruptcy-remote Colb Trust. [S1][S2][S3]

CREV tracks the private-market value of Revolut Ltd, an unlisted company, with each token representing a proportional economic right to the Colb Trust's underlying position, held via a special purpose vehicle owning the pre-IPO shares. [S2] The product carries no yield or dividend component; returns derive from the company's value appreciation and an eventual exit such as an IPO or sale. [S2][S4] Holders bear a deposit or issuance fee deducted before tokens are issued and a redemption fee deducted before settlement. [S2][S3]

Colb Asset SA is a Swiss-registered financial intermediary based in Genève, Switzerland, and a member of ARIF, a self-regulatory organization recognized by the Swiss Financial Market Supervisory Authority (FINMA) for anti-money laundering supervision under the Swiss Anti-Money Laundering Act. [S1][S5] Tokens are ledger-based securities issued through the Colb Trust, which is bankruptcy-remote and legally isolated from operational entities, holding backing assets at a licensed Swiss private bank. [S5][S3] Access is limited to qualified investors meeting CHF 500,000 investable-asset thresholds; U.S. persons are excluded and sanctioned jurisdictions restricted. [S1][S4] Redemption is cash-settled in the $USC stablecoin after a six-month post-IPO lock-up. [S2][S4]

CREV is a fungible token recorded onchain on supported EVM-compatible networks; the $USC settlement stablecoin is deployed on Ethereum, Polygon, BNB Chain, and Moonbeam. [S6][S3] After the Trust acquires the exposure, tokens are minted to the holder's wallet and burned at redemption through queue-based mechanisms, with pricing using recent SPV transaction values or a quarterly official valuation. [S2][S7]

<Sources
  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-managed-strategies/cbal.md?ask=what+are+the+fees+legal+structure+redemption+and+token+standard" },
    { id: "S4", 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: "S5", url: "https://www.colb.finance/about" },
    { id: "S6", url: "https://docs.colb.finance/payments-core-tech/usc.md" },
    { id: "S7", url: "https://docs.colb.finance/investment-core-tech/colb-liquids.md" },
  ]}
/>


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 Revolut (CREV) is a token tracking Revolut shares, backed by dedicated collateral, issued by Colb through Colb Trust, and distributed through Colb Finance.

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

Residents of the United States cannot mint or redeem with Colb.

Colb Trust is structured under the Swiss DLT Act.

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

Colb RevolutCREV

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