Secondary markets / Platform guide
OTC Market
Create a sell offer for existing units, fund its escrow and settle with a buyer under the recorded terms.
Workflow
Create the offer
The maker sets units, price and payment mint.
Fund the escrow
The maker deposits the units into the program escrow.
Take the offer
A buyer pays and receives the units atomically.
Or cancel
The maker reclaims the escrow any time before the offer is filled.
Details to check
Price and funding
An offer records the number of units, total price and payment token. Creating an offer and funding it are separate actions: an offer can be taken only after its required deposit has been recorded.
Settlement
Taking a funded offer exchanges the buyer's payment and escrowed units in one transaction. A maker can post without an existing counterparty; completion requires a buyer to accept the terms. Neither side needs identity verification unless the class is KYC-gated, in which case the program checks the buyer's investor passport.
Cancellation and expiry
The maker can cancel before the offer is filled. An optional expiry prevents later fills; after expiry, anyone can trigger the on-chain refund of the escrowed units to the maker.
Related reference
Read the shared rules for security and compliance and the legal structure that connects token terms to the underlying instrument.