Before you trade
Tokenized assets work differently from shares held at a broker. These are the points to understand first. You'll be asked to confirm them before your first trade, and again whenever they change.
- 1You're buying an issuer's token, not the asset itself
Every asset listed here is a token created and managed by an independent issuer such as xStocks, Backpack, PreStocks, Tessera, Ondo or Paxos. Holding one usually doesn't make you a shareholder: you get no voting rights and no direct claim on the company, fund or commodity. What you do have is defined by the issuer's terms, which can include eligibility rules, redemption limits and transfer restrictions. GridFi doesn't issue, back or guarantee any of these tokens.
- 2Pre-IPO tokens carry extra risk
Tokens that reference private companies (such as SpaceX, OpenAI or Anthropic) provide economic exposure through the issuer's own structure. They are not company stock, aren't endorsed by those companies, and are priced from infrequent private-market data. Liquidity can be thin, exits may depend on a future listing or sale, and the value can fall to zero.
- 3Prices can move away from the underlying
Tokens trade on Solana around the clock, while the underlying markets keep exchange hours. Outside those hours, and whenever liquidity is thin, a token can trade at a premium or discount to its reference price. Large orders move the price. Before you sign, check the expected output, minimum received, price impact and fees. You can lose some or all of what you trade.
- 4Issuers can freeze, pause or move tokens
Many of these tokens give their issuer onchain controls: freezing accounts, pausing transfers, or a permanent delegate that can move or burn tokens from any wallet. These controls are part of how regulated products work, but they mean your balance ultimately depends on the issuer. Each asset page shows the controls read from its mint.
- 5Your signature moves real funds, and can't be undone
GridFi is non-custodial. Trades execute from your own wallet, only after you approve them. Confirmed transactions are final. Network fees can apply even if a transaction fails. If a trade seems stuck, check your Activity or a Solana explorer before trying again, so you don't place it twice.
- 6Data can be late or wrong
Prices, liquidity and reference values come from onchain markets and issuer feeds. They can be delayed, incomplete or inaccurate. Dollar values assume 1 USDC equals $1. Nothing on GridFi is investment, legal or tax advice.
Acknowledging this notice doesn't make you eligible to hold any product. Each issuer sets its own eligibility and regional restrictions, and you're responsible for following them.