Real-world assettokenisation.Built together.Built right.
We've built sovereign digital assets, raised institutional capital, and run a venture studio at unicorn scale. Now we co-build the next wave — with founders in RWA tokenisation, FinTech and AI who are ready to move.
The opportunity
The regulatory framework is settled.
Institutional capital is moving.
The future of finance is being built right now.
Legal certainty
The ambiguity that once stalled institutional entry has evaporated. The UK Property (Digital Assets etc) Act 2025 formally codified a third category of personal property — digital assets now carry the same legal weight as physical ones. A clear, de-risked pathway now exists for ventures to issue and trade tokenised assets with full judicial protection.
Institutional adoption
We have moved past proofs of concept into multi-chain deployment at scale. BlackRock's BUIDL has scaled to $2.9B+ across six blockchains. JPMorgan's Kinexys processes $7B+ daily. Goldman Sachs projects 2026 as the year tokenised assets become structurally embedded in global allocation models. The plumbing of global finance is being rebuilt on-chain.
Market scale
The RWA market is the fastest-growing sector in finance. Having surpassed $27.6B on-chain in April 2026, the market is driven by an explosion in tokenised private credit — now 58% of total RWA market share. Standard Chartered projects $30 trillion by 2034 as liquidity deepens.
The problem
Most founders building in RWA tokenisation hit the same two walls.
Wall 01
No tokenisation playbook
RWA tokenisation is not technically complex. It is architecturally complex. Legal structure, regulatory classification, rights mapping, smart contract design, operational governance — this is where ventures fail. Not at the technology layer. At the structure layer underneath it.
Wall 02
No startup playbook
Even founders who can navigate the tokenisation complexity still have to build a business — commercialise the idea, find routes to market, raise capital, build a team, get to first revenue. Two entirely different skill sets. Most founders don't have both. Most studios don't solve both.
FT Wales Venture Studio is built to solve both.
How we work
Two frameworks. One studio.
One is the journey. The other is the quality standard that runs through it.
When you work with FT Wales, two things happen at once. The studio methodology takes you from idea to first revenue. The Proof Point Framework ensures every RWA venture is built on legally enforceable rights, compliant token architecture, and full lifecycle governance.
Framework 01 — Studio Methodology
How we build with you
Select
We work with a small number of founders and back them properly. Being selected means something.
Validate
We stress-test the idea before building anything — legal structure, market fit, commercial model. Honest go/no-go.
Build
Hands-on co-building: product, commercialisation, regulatory navigation, routes to market. The Proof Point Framework runs here.
Fund
We help raise the right capital at the right time, and open doors we've already walked through.
Scale
We stay until first revenue — and beyond. We don't disappear after the term sheet.
Framework 02 — Proof Point Framework
More than tokens — enforceable rights
Structure
Legal form, asset verification, regulatory classification. The foundation everything else rests on.
Design
Rights mapping, cashflow logic, governance model. Where most ventures get it wrong before they know it.
Tokenise & Issue
Compliant smart contract architecture and distribution controls. Built to the legal design, not bolted on after.
Operate
Servicing, reporting, compliance runtime, lifecycle monitoring. The unglamorous work that keeps it standing.
Lifecycle & Wind-Down
Redemption, transfer, enforcement, termination. Defined from day one — not figured out under pressure.
Studio founders beat the odds.
30%
Higher success rate vs traditional startups
84%
Of studio startups raise seed funding
72%
Reach Series A vs 42% traditional
25 months
Average to Series A vs 56 months traditional
Source: 2022 Global Startup Studio Report
Track record
A decade of building the playbook. From the inside.
We built sovereign digital gold, co-founded an institutional security company, and ran a venture studio producing unicorn-scale results. Along the way we raised capital at every stage, negotiated with institutional VCs, and built a network across exchanges, custodians, regulators, and investors that most founders spend years trying to reach.
You build with people who have done it. Not people who have studied it.
$35B
Digital assets protected
$30M
Series B raised
100M+
Users across portfolio
$1B+
Studio unicorn valuation
Capital raised
From pre-seed to $30M Series B. We've been in every funding conversation — term sheets, cap tables, dilution, investor expectations. We know what it takes to get a yes.
VC & investor network
Active relationships with institutional VCs, angels, and strategic investors built across two fundraising journeys. We open doors — and know which ones are worth opening.
Industry presence
Speaking engagements and active participation across digital assets, FinTech and Web3 events. We're known in the rooms that matter for RWA, tokenisation and blockchain infrastructure.
Institutional network
Exchanges, custodians, insurers, regulators. Built through live product deployments — not conference networking. These relationships come with context and credibility.
Who this is for
We are selective. Being chosen means something.
We work with a small number of founders and back each one properly — not a cohort of fifty with a weekly check-in. Every founder we take on gets our full attention, our full network, and our full playbook.
Startup founders
You have an idea — or can see the opportunity — and need a business partner, not just advice. You're capable but haven't yet figured out commercialisation, legal structure, or how to raise. You want someone to build alongside you, not hand you a checklist.
Industry operators
You have 10+ years of experience and know exactly what you'd build — if you could get out. You're not risk-averse by nature. You're constrained by financial commitments and the comfort of a salary. The right structure and the right co-pilot removes the blocker.
University innovators
You have a working prototype or protectable IP but no clear path to commercialisation. You understand the problem deeply. You need help turning research into a business — structuring it, protecting it, and getting it to market.
Why Wales
Built in Wales. Open to the world.
Cardiff is a deliberate choice, not a default. Wales gives ventures a structural advantage that London can't match — and we're building the case for it as Europe's home for digital asset infrastructure.
Talent
Cardiff's banking and tech sector runs deep. World-class engineering, finance, and legal talent — at 30–40% below London cost. Your runway goes further here.
Capital
The Development Bank of Wales actively co-invests in Welsh-based ventures at every stage. A route to government-backed funding that London-focused founders never find.
Ecosystem
Cardiff, Swansea, Newport. University partnerships with Cardiff, Cardiff Met, and Swansea. A growing FinTech, Web3, and AI community that punches well above its weight.
Start a conversation
Tell us what you're thinking.
It doesn't have to be fully formed. Early stage is exactly where we start.