SPICE, issued by SPiCE Venture Capital Pte Ltd., is a tokenized venture-capital fund interest representing an investor's holding in the SPiCE VC Fund, which invests in companies and tokens across the blockchain and tokenization ecosystem [S1][S2].

Holders receive economic rights tied to the SPiCE VC Fund's portfolio of venture investments in blockchain and tokenization companies and tokens, including Securitize, INX, RNDR, ROX Financial, InvestaX, Lottery.com, IOB, and ROKK3R, plus cash and other assets less liabilities [S2][S3]. Returns accrue on a total-return NAV basis published quarterly as NAV Per Token, and holders are entitled to a direct share of net exits, with payouts made as portfolio positions are realized [S1][S3].

The issuer is SPiCE Venture Capital Pte Ltd., a Singapore private limited company at 101 Thomson Road, United Square, Singapore [S4]. The SPiCE token is a digital security representing an investor's interest based on relative holding to total live tokens, granting economic rights tied to portfolio performance [S1][S2]. The Fund is offered as a private placement of digital securities; no registration statement has been filed under the U.S. Securities Act of 1933, with U.S. participation limited to accredited investors approached under Rule 506(c) of Regulation D [S5][S1]. Minimums of 250,000 U.S. dollars (USD) for new investors and 50,000 USD for existing investors apply, with liquidity via secondary-market trading [S1][S2].

The digital security was issued on the Securitize issuance platform, which handles investor onboarding and lifetime compliance [S1][S6]. Tokens are allocated at a price derived from the last published NAV per token before a new investment to avoid dilution [S1]. NAV Per Token is calculated by dividing total portfolio value plus cash and other assets, less liabilities, by tokens outstanding, and is published quarterly [S1][S5].

<Sources
  retrievedAt="2026-06-23"
  items={[
    { id: "S1", url: "https://spicevc.com/" },
    { id: "S2", url: "https://spicevc.com/about.html" },
    { id: "S3", url: "https://spicevc.com/portfolio.html" },
    { id: "S4", url: "https://spicevc.com/contact.html" },
    { id: "S5", url: "https://spicevc.com/nav-reports.html" },
    { id: "S6", url: "https://spicevc.com/team.html" },
  ]}
/>


Tokenized funds

website

twitter

Real-world asset (RWA) issuers

SPiCE VC

SPiCE VC (SPICE) is a tokenized fund share issued by SPiCE VC through SPiCE Venture Capital Pte. Ltd.

Each token is a direct claim on the issuer.

The fund invests in multi-asset in global markets.

Accredited investors can subscribe and redeem.

SPiCE Venture Capital Pte. Ltd. is incorporated in Singapore and is offered under an SEC Regulation D exemption.

SPICE has been issued on Ethereum as an ERC-20 token since September 2018.

SPiCE VCSPICE

All metrics