Stone markets

A market for every stone

Each stone will have its own market on a registered trading venue. Trading isn't open yet, and shares from private offerings start out as restricted securities.

What we're planning

A separate market for each stone's shares, on a registered alternative trading system (ATS) run by a registered broker-dealer.
A fee of 1% to 3% on each trade, shown before you confirm. It starts close to 3% and comes down to under 1% as trading volume grows. We charge no other fees.
No resale of private-offering shares during the restricted period, generally six months to a year.
Transfers only between wallets whose owners we've verified, settled on Hedera and recorded in the stone's registry history.
No trading on decentralized exchanges such as SaucerSwap, and no use as collateral on lending platforms.

What to expect

A market needs both buyers and sellers. There may be few buyers, and shares may trade below the stone's appraised value, or not at all. We may fund market-making support with disclosed limits, but we don't guarantee liquidity or any price.