About LiquiCo

Our mission, moat
and team.

We are building the institutional tokenisation rail for India's private-market assets, a compliance-first stack that puts what was once a ₹1 Cr club within reach of every Indian investor from ₹10,000.

Mission

Democratise
institutional access.

India's wealthiest <1% have always had access to private-market assets: rated NCDs, structured credit, real-estate cash flows, renewable power, and infrastructure. Everyone else has been quietly priced out by ₹1 Cr minimums and analogue paperwork.

LiquiCo rebuilds that rail end-to-end on a permissioned, compliance-first stack, bankruptcy-remote SPVs, ERC-3643 permissioned tokens, SCRA-safe liquidity windows, and a SEBI-registered RTA of record. Debt tranches start at ₹10,000. Same structure. Same protections. New access.

The moat

Asset-agnostic rails.
Ring-fenced SPVs.

LiquiCo HoldCo runs the rails — token standard, compliance, KYC, custody, RTA, liquidity. Every asset gets its own bankruptcy-remote SPV. The moat compounds with every new asset, partner, and jurisdiction we plug onto the same rails.

The constellation
One set of rails. Many ring-fenced SPVs.
Schematic
HoldCo
LiquiCo HoldCo
The rails
  • Token standard (ERC-3643 / T-REX)
  • Compliance modules
  • KYC + ONCHAINID
  • Custody integration
  • RTA integration
  • Liquidity engine
BCPLive
Bharat Credit Pool
BNXLive
Bharat Nexus
BTJSoon
Bharat Tejas
BSTSoon
Bharat Setu
BANLive
Bharat Anchor
TaaS-01TaaS
TaaS partner SPV
TaaS-02TaaS
TaaS partner SPV
TaaS-…TaaS
Future SPVs
Ring-fenced SPV children · each bankruptcy-remote

SPVs are operational children of the rails — NOT financial subsidiaries. LiquiCo does not consolidate their assets or liabilities. Each SPV is bankruptcy-remote and stands on its own balance sheet.

01
Asset-agnostic rails

The same chassis issues any asset class — credit, real estate, infrastructure, export receivables. One stack, every deal.

02
Add an asset, not a stack

Each new asset or jurisdiction needs only a new SPV — and, if cross-border, a new advisor panel. Same rails, same compliance.

03
The moat compounds

Every SPV deepens shared liquidity, reputation, and panel relationships. Each new asset makes every other one easier to launch.

The credibility core

Two foundational
disciplines.

Every product decision, every contract, every line of code is tested against these two rules. Either it holds or it doesn't ship.

Discipline 01
Title always lives in the SPV.

The underlying asset is owned by a bankruptcy-remote SPV held under independent custody, secured by a debenture trustee, with the holder register maintained at a SEBI-registered RTA. The asset never sits on LiquiCo's balance sheet, and never leaves the vehicle.

Discipline 02
The token records your interest in the SPV, not the asset.

Investors hold an instrument issued by the SPV, debt as a secured claim against it, or equity/partnership as a stake in it, but never direct title to the asset. The token is the permissioned on-chain record of that SPV-level interest, reconciling to the statutory register at every sync.

Scope

What we are.
What we are not.

We are
  • A technology rail — permissioned chain, ERC-3643 tokens, on-chain registry
  • A structuring rail — bankruptcy-remote SPVs, trustee, custodian, RTA-of-record
  • A liquidity rail — SCRA-safe windows, bilateral spot-delivery, NBFC-aggregated credit
We are NOT
  • A stock exchange or trading venue
  • A broker or distributor of securities
  • An investment adviser or portfolio manager
  • A lender on its own balance sheet
Team & advisors

Built across law,
credit, and infra.

A team forming across securities law, private credit, structuring and blockchain infrastructure. Only confirmed appointments are named below.

Team
Kaushik Raj
Founder & CEO

Founder of LiquiCo. Building India's institutional tokenisation rail for private-market assets — compliance-first, asset-agnostic, retail-accessible from ₹10,000.

Roles we're hiring
CTO
Permissioned chains, ERC-3643 / T-REX, security engineering
Head of Compliance & Legal
SEBI, RBI, PMLA; debenture-trustee and RTA workflows
Head of Credit & Aggregation
NBFC partnerships, underwriting, FLDG structuring
Head of Structuring
Securitisation, waterfall design, trustee operations
Head of Community & Growth
Retail brand, financial education, chapter operations
Advisors

An advisory bench is being assembled across securities regulation, RWA infrastructure, private credit and GIFT-IFSC tax. Members will be disclosed publicly once their engagement letters are countersigned.

Roadmap

Three phases.
One rail.

Phase 01
Epistemic core

First-party SPVs across credit, infra, real-estate cash flows, and renewables. Production stack provisioned. First three live deals.

Phase 02
Scale

Issuer partners operate through LiquiCo Markets. Multi-jurisdiction panels. Constellation expands; the moat compounds with every plug-in.

Phase 03
Decentralisation

Validator set widens. Governance opens. The rails outlive any single operator — including LiquiCo.

See it in practice.

Explore live SPVs or dive into the seven-layer infrastructure blueprint.