BeToken Deploys on Polygon, Becomes Spain’s First Regulated and Onchain Security Token Offering

Europe just crossed a major threshold in the evolution of capital markets. 

Equity in an EU-registered operating company is being issued and traded entirely onchain.

BeToken represents legally recognized shares in Beself Brands, the Spanish digital-native company behind a portfolio of wellness and lifestyle brands— with all the equity issuance, compliance, and settlement seamlessly powered by Polygon’s fast, low-cost blockchain infrastructure.

Not a testnet pilot, not a regulatory sandbox. This is live, today. 

A new playbook for regulated equity, issued on Polygon

BeToken is the first Security Token Offering (STO) in Spain to be officially recognized under current law, fully operational in accordance with the oversight of Spain’s Comisión Nacional del Mercado de Valores (CNMV). 

The token represents real shares, not abstracted claims or proxy instruments, and delivers economic and governance rights to token holders: dividends, voting power (subject to BeToken’s shareholder rules), and a voice in corporate general shareholder meetings.

Here’s how it works. BeTokens are issued over the Polygon chain using the ERC-3643 real-world asset tokenization standard, which integrates compliance checks like KYC and AML directly into each transaction. 

All of it lives on Polygon, the home for RWAs.

Polygon’s gigagas roadmap makes it a good choice for payments and RWAs

BeToken’s launch signals a larger shift in capital efficiency, powered by Polygon. 

Enterprises are increasingly choosing Polygon to bring regulated RWAs onchain. Reliable, low-cost, and extremely fast, with near-instant finality, Polygon enables payments to move at the pace of everyday life and helps RWAs settle like stocks.

With millions of daily transactions, a growing ecosystem of institutional launches, and a clear product-market fit for tokenized finance, Polygon has emerged as the leading chain for RWAs and payments. In the first half of 2025 alone, over $1B in payment volume moved across Polygon, which leads in P2P payments under $1000 and is second only to Solana in payments between $1-10k. With $3.1B locked in stablecoins and growing, a number of institutions have launched on Polygon, like Stripe, Reddit, Polymarket, Securitize, Hamilton Lane, Fox Corporation, and Reliance Jio.

And with upgrades to the mainchain coming this year, Polygon is positioned to bring global finance onchain.

Earlier this month, Polygon hit a major technical milestone: the Bhilai hardfork pushed network throughput beyond 1000 TPS, introduced support for EIP-7702 smart accounts, and stabilized gas. Combined with Heimdall v2, which brought fast ~5s finality, these upgrades deliver the performance, reliability, and cost-efficiency that capital markets demand.

Polygon now supports everything from stablecoin payments and shopping to tokenized securities and institutional onchain finance. 

The purple chain is moving money faster and making real-world assets more capital efficient.

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About Polygon Labs:

Polygon Labs is a Web3 software company developing Polygon Proof-of-Stake network, the premiere blockchain for payments and RWAs, and Agglayer, a unified web of chains that feels like the Internet. Polygon is known as the low-cost, high velocity network, with billions secured in stablecoins, supporting a robust payments ecosystem to help grow Agglayer use cases in an interoperable Web3. Research from Polygon Labs has contributed to the development of widely-adopted zero-knowledge technology, with successful, independent projects incubated through the Agglayer Breakout Program, such as Katana, ZisK, Miden, PrivadoID, and more.

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