Charter

Built on the Zama Protocol · Ethereum Sepolia

The cap table,
on-chain. Nobody
sees who owns what.

Charter puts private-company equity on Ethereum as confidential tokens. Ownership is enforceable, distributions are exact, votes are binding — and every position stays encrypted with fully homomorphic encryption. The registry is public infrastructure; the register is nobody's business.

Encrypted ownership

Every holding is an encrypted ERC-7984 balance. Investors decrypt only their own stake — competitors, counterparties, and the public see nothing.

Verifiable totals

Total issued shares are disclosed through the Zama decryption oracle with a KMS proof verified on-chain. The aggregate is public and provable; the distribution stays private.

Dividend waterfalls on ciphertext

Declare a public pool; each investor's pro-rata payout is computed on their encrypted balance and paid in a confidential stablecoin. Nobody learns anyone's cut.

Hidden-weight voting

Shareholder resolutions where both the direction and the weight of every vote stay encrypted. Only the final tallies are revealed — with a cryptographic proof.

Auditor view keys

Any holder can appoint an observer — an auditor or regulator — who gains standing decryption access to their positions. Privacy with accountability, not instead of it.

Compliance-grade controls

Agent-controlled issuance, transfer restrictions, freezes, pauses, and court-ordered force transfers, built on OpenZeppelin's audited confidential-contracts library.

How it works

01

Issue

The company mints encrypted share allocations to investor wallets. Amounts never appear on-chain in clear.

02

Disclose

Total supply is disclosed with a KMS proof — the public, verifiable denominator for everything that follows.

03

Distribute

Dividends flow pro-rata over encrypted balances. Each investor decrypts their own payout, and only theirs.

04

Govern

Resolutions pass or fail on encrypted tallies of encrypted weights, settled on-chain with proof.

Composable privacy for the whole equity lifecycle.

Charter shares are standard ERC-7984 confidential tokens — they move on the same rails as confidential stablecoins, plug into the Zama wrapper ecosystem, and compose with distribution platforms like TokenOps. One registry, every workflow: issuance, distributions, governance, audit.

Launch app