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Provider profile · 2026 edition

Cashlink review 2026: scores, fees and alternatives.

Cashlink is a German registrar for securities that exist only on a blockchain, licensed by BaFin as a crypto securities registrar and qualified crypto custodian.

Research by Buckingham Intelligence, the research unit of Buckingham Capital Consulting · Facts read 26 October 2026 · Dated copies of source pages kept · Method
2.4 / 5Buckingham Intelligence score
0Awards 2026
1Index
10 of 13Rank, Tokenisation Index

Short answer.

Cashlink scores 2.4 out of 5 (47 out of 100) in the Buckingham Intelligence Tokenisation Index 2026 and ranks 10 of 13. It is strongest for european issuers and banks issuing securities under German electronic securities law, and its best criterion is regulatory standing at 4 out of 5. Not published or not stated on the pages read: pricing, networks and standards and track record.

Awards and scores.

Scores from the Tokenisation Index 2026.

Tokenisation Index

2.4 / 547 out of 100 · rank 10 of 13

No award in the Tokenisation Index 2026.

SegmentScore out of 100Rank
For asset managers5010 of 13
For banks and market infrastructure499 of 13
For issuers of private and real assets4110 of 13

The score out of 5 is the overall score out of 100 divided by 20. Leader goes to the top three overall, Best for to the first in each segment, and Top rated for to a score of 5 out of 5 on a criterion. Awards cannot be bought.

Strengths and watch-outs.

Where it scores best, and where to check closely, as shown in each ranking.

Strongest for

European issuers and banks issuing securities under German electronic securities law.

  • Regulatory standing (4/5). Two BaFin licences stated; no register number.
  • Distribution and trading (4/5). Gateway to European trading and settlement venues; no own venue.
Watch out for
  • Published pricing (0/5). Not published; price on request.
  • Networks and standards (1/5). Multi-network support stated; networks not named.
  • Track record (0/5). Not published on the pages read.

Published facts.

What Cashlink publishes on its own pages, read on 26 October 2026.

Cashlink is a German registrar for securities that exist only on a blockchain, licensed by BaFin as a crypto securities registrar and qualified crypto custodian. It connects issuers to European settlement and trading venues and to central bank money settlement trials. It does not publish prices, networks or issuance figures.

FactWhat the provider publishes
Asset coverageToken-based bonds, structured retail products and alternative assets for wealth managers under the German Electronic Securities Act (eWpG).
PricingPrices page: "Request your individual price offer". No amounts published.
Regulatory standing"Cashlink is a regulated financial institution and holds BaFin licenses as a crypto securities registrar and qual. crypto custodian." No register number on the pages read.
Distribution and trading"Issuers leverage Cashlink to distribute tokenized securities across all major European settlement and trading infrastructures"; integrates the Eurosystem 'Pontes' gateway for settlement in central bank money.
Networks and standards"Issuance of token-based securities on a limited set of compliant blue-chip DLT-networks"; networks not named.
Track recordIssuance and transaction counters on the homepage did not display values when read. No named clients.
Date read26 October 2026

Not published or not stated by Cashlink

  • Pricing. No amounts published.
  • Networks and standards. Networks not named.
  • Track record. No named clients.

A fact that is not published is scored as not offered or, for a fee, as if it were high. It is never estimated.

Facts read on 26 October 2026 from: cashlink.de/en, cashlink.de/en/prices.

Criterion scores.

Each score with the evidence behind it.

  • Asset coverage: 3/5. Bonds, structured products and alternative assets published.
  • Published pricing: 0/5. Not published; price on request.
  • Regulatory standing: 4/5. Two BaFin licences stated; no register number.
  • Distribution and trading: 4/5. Gateway to European trading and settlement venues; no own venue.
  • Networks and standards: 1/5. Multi-network support stated; networks not named.
  • Track record: 0/5. Not published on the pages read.

Each criterion is scored 0 to 5 against the best published offer in the Tokenisation Index. 0 means not offered or not published. How it is scored

Cashlink alternatives.

The other providers in the same ranking, ordered by score.

ProviderScore out of 5RankStrongest for
Securitize4.21 of 13Asset managers tokenising funds for US and global investors
Taurus4.02 of 13Banks wanting tokenisation, custody and a regulated trading venue from one provider
Tokeny3.43 of 13Issuers and fund administrators wanting published monthly prices and an open token standard
InvestaX3.24 of 13Asian issuers and platforms needing a licensed market for tokenised funds
Bitbond3.05 of 13Banks and issuers wanting no-code token creation with per-token prices
Brickken2.96 of 13Smaller issuers wanting self-serve tokenisation with published prices
Superstate2.87 of 13Asset managers and listed companies tokenising funds or shares on public networks
21X2.58 of 13Issuers and investors wanting a regulated EU venue for trading tokenised securities
Fireblocks2.59 of 13Institutions wanting to mint and hold tokens across many networks
Obligate2.211 of 13Issuers of bonds and private credit seeking on-chain distribution under Swiss law
Kinexys by J.P. Morgan1.812 of 13Large institutions wanting tokenised funds and payments inside a global bank's network
Zoniqx1.813 of 13Real estate and private asset issuers wanting tokenisation with a distribution network

Full Tokenisation Index ranking

Cashlink compared.

Side by side on every criterion, fact and award.

Head-to-head comparisons cover pairs within the top five of each ranking. Cashlink is compared with its alternatives in the table above.

All comparisons

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