T7X launches native stock issuance model, with first deal cleared to raise up to $75 million

T7X has introduced what it calls a native issuance model for tokenized stock, under which the token is treated as part of an authorized securities issuance from the outset rather than being added later as a secondary wrapper. Ownership records are maintained by a transfer agent, according to the announcement carried by Techub News and attributed to Decrypt. The report says laws in Wyoming, Delaware and Nevada recognize "certificate tokens," allowing shares to be represented on-chain. T7X is registered in Wyoming and is issuing under that legal framework. Its first transaction is Tranquil Healthcare Fund I, a Regulation A+ offering that was approved by the U.S. Securities and Exchange Commission on June 29, Eastern Time. The offering is authorized to raise up to $75 million. The token will be issued on Trusted Smart Chain. The development centers on how tokenized equity can be structured within existing state corporate law and U.S. securities rules, using an issuance model that places the token inside the original authorization process.