Globacap

Yes. Globacap's subsidiary, Globacap Private Markets Limited, is authorized and regulated by the UK Financial Conduct Authority as a small authorized UK AIFM for private credit funds. The parent company originally developed its compliance architecture inside the FCA's regulatory sandbox, which means its tokenization and digital securities workflows were designed in direct consultation with the regulator (per public record, 2017–2018).

Globacap provides private markets workflow automation: digital cap table management, investor onboarding and KYC/AML compliance, e-voting, and primary issuance of tokenized private securities. It is not a trading venue; the platform manages issuance and register administration. The system has processed over £20 billion in private share and debt issuances across clients including listed corporates and growth-stage private companies (per the firm's official communications).

Globacap does not publicly disclose the origination model for its private credit AIFM vehicle. The firm sits at the intersection of a workflow software platform and a fund manager, which suggests deal flow may originate in part from issuers using the administration platform — though this connection has not been explicitly confirmed by the firm. Any direct pipeline inference remains publicly unsubstantiated.

Delio was a private markets technology firm based in Cardiff that built white-labeled deal rooms and investor portal software for large financial institutions — including Barclays and UBS. Acquiring Delio in 2024 gave Globacap an installed base inside private banks, an additional distribution channel for its issuance infrastructure, and a UK regional office in Wales. It marked a move from a direct-client model toward an embedded-configuration strategy with institutional partners (per the firm, May 2024).

Neither. Globacap is a fintech infrastructure company and FCA-regulated asset manager. It does not manage a single-family balance sheet and does not operate a venture capital fund. Its venture-linked activity consists of providing cap table and issuance infrastructure to venture-backed companies and their legal advisors, not deploying proprietary venture capital.

The firm is headquartered in London and principally covers UK and European private markets. The Delio acquisition added users and institutional relationships concentrated in the UK and continental Europe. Globacap has not publicly disclosed any offices or regulatory registrations in the United States or Asia.

Globacap uses blockchain as a record-keeping and settlement rail for tokenized private securities, but its platform deals in equity and debt instruments, not crypto-assets. The FCA sandbox testing focused on regulatory-compliant digital representations of private company shares and bonds, not unbacked tokens. The firm's fund management activity is in private credit, a traditional alternative asset class.