COREX, issued by Evident Platform Services Limited, is a tokenized fund interest that represents a fractional beneficial interest in a special purpose vehicle or Hong Kong limited partnership fund holding the Interplanetary LTD PTE co-investment venture and private equity allocation [S1][S2].

Holders receive economic exposure to the Interplanetary LTD PTE - Co-Investment, with returns deriving from the performance of the underlying private equity and venture allocation held by the structuring vehicle, alongside the ability to trade fractional units on the secondary market for price discovery and exit [S1][S3][S4]. If the underlying vehicle generates a distribution and eligibility requirements are met, holders receive a corresponding amount paid via smart contract automation [S5][S1].

Evident Platform Services Limited operates from Hong Kong and holds a Securities and Futures Commission (SFC) License (CE No. BTR490) [S6][S3]. The token is a digital security representing a beneficial interest in the special purpose vehicle or fund holding the underlying asset, with legal enforceability through conventional SPV or fund structures combined with an immutable onchain ownership record [S2][S1]. Access is restricted to qualified investors, including high-net-worth and ultra-high-net-worth individuals, family offices, accredited investors, and intermediaries, subject to eKYC and eAML onboarding [S3][S7]. Liquidity and exit occur through a compliant secondary market with no lock-up periods [S3][S7]. Custody is segregated through the separately TCSP-licensed Evident Custody Services Limited [S6][S8].

Tokenization runs onchain on the Algorand blockchain, providing immediate settlement finality and smart contracts for automated distributions and corporate actions [S2][S8]. Tokens are minted by tokenizing SPV or fund shares after structuring and due diligence, with managers fundraising through a commitment campaign or direct listing [S1][S2]. Fund administration, accounting, and NAV calculation are provided through the Issuer Portal [S6][S1].

<Sources
  retrievedAt="2026-06-21"
  items={[
    { id: "S1", url: "https://www.evident.capital/partners/issuers" },
    { id: "S2", url: "https://www.evident.capital/blog/what-is-tokenization" },
    { id: "S3", url: "https://www.evident.capital/about" },
    { id: "S4", url: "https://www.evident.capital/blog/diversifying-with-tokenized-infrastructure-investments" },
    { id: "S5", url: "https://www.evident.capital/blog/how-evidents-digital-securities-unlock-possibilities-for-issuers" },
    { id: "S6", url: "https://www.evident.capital/blog/compliance-and-security-in-tokenization-a-pillar-of-trust" },
    { id: "S7", url: "https://www.evident.capital/blog/bringing-liquidity-to-private-markets-evidents-secondary-market" },
    { id: "S8", url: "https://www.evident.capital/whitepapers/pioneering-tokenization-in-logistics-infrastructure-the-fuji-lng-carrier" },
  ]}
/>


# Asset Price methodology

## 1. Overview

Asset price represents the closing USD value of a tokenized asset at the end of each day. Daily prices are recorded to facilitate the valuation of on-chain activity and the calculation of market capitalization. Each price point reflects the market value at the conclusion of the UTC day.

## 2. Data sources

- **Asset metadata**: Token contract addresses, ticker identifiers, and on-chain launch timestamps
- **External data**: End-of-day price feeds and exchange rate feeds from market data providers
- **Blockchain data**: Data covering EVM-compatible chains (Ethereum, Arbitrum, Base, Polygon, Optimism, and others) and non-EVM chains such as Solana, Aptos, and Near

## 3. Step-by-step calculation

### Component A: Market data retrieval

- **Purpose**: Collect raw daily price information
- **Logic**: Daily price data is retrieved from external market data providers. For assets pegged to specific currencies, prices are calculated using a multiplier and daily exchange rates. For assets traded on traditional exchanges where data is unavailable on certain days, such as weekends or holidays, missing values are filled with the last available closing price.

### Component B: Timestamp normalization

- **Purpose**: Align price data with daily reporting periods
- **Logic**: Timestamps are truncated to the daily grain. To accurately reflect the closing value, prices recorded at the start of a day (00:00:00 UTC) are assigned to the preceding calendar day.

### Component C: Asset mapping and deduplication

- **Purpose**: Associate prices with unique assets and resolve data overlaps
- **Logic**: Prices are mapped to assets using unique identifiers for EVM-compatible and non-EVM chains. To ensure data integrity, price records are filtered to include only those occurring on or after the asset's on-chain launch date. In instances where price data for a single asset is available from multiple sources, the data is deduplicated by selecting the record with the highest priority to ensure a single, consistent closing price.

*This methodology was automatically generated by Token Terminal's methodology analyzer.*

Asset price

Tokenized funds

Evident provides end-to-end tokenization infrastructure for asset managers — SPV structuring, digital KYC/AML onboarding, smart-contract-based administration, compliant primary distribution, and integrated secondary market liquidity on Polygon.

An SFC-licensed (Hong Kong) digital infrastructure platform for private market access and distribution, enabling asset managers to structure, tokenize, administer, and trade alternative investment products through blockchain-powered infrastructure.

Institutional and accredited investors seeking tokenized access to alternative investments including treasury funds, private equity co-investments, and venture capital.

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Asset management

Evident

Interplanetary LTD PTE - Co-Investment (COREX) is a tokenized fund share issued by Evident.

COREX has been issued on Polygon as an ERC-20 token since September 2025.

Interplanetary LTD PTE - Co-InvestmentCOREX