Where the data comes from

• Legal facts — hand-researched per issuer from primary documents only (prospectuses, issuer terms and conditions, transfer-agent and regulator records), each with its source URL in the issuer's detail panel. A dossier carries its own confidence rating.
• The token-address universe — Jupiter token search, read in full on the date shown at the top of this page.
• On-chain control — the Solana RPC, read directly off each token address's Token-2022 extensions.
• Reference prices — Pyth where the feed is entitled, an implied price derived from the Ondo registry, or the sponsor's own published mark. The table always names which.

What a grade means

Ledger maturity is the site-wide ladder, computed identically to the main assets table: Level 0 unless the chain is the main ledger, then Level 1 unless transfers are unconditional, Level 2 unless redemption is bearer, Level 3 unless a forced-transfer mechanism exists, else Level 4. The score beside it sums ten booleans, +1 for yes and −1 for no.

Claim depth is a 0–4 rung read off the legal form: synthetic exposure, unsecured claim, claim secured over collateral, beneficial interest, registered share.

Verification strength replaces a yes/no on third-party attestations with a 0–5 scale: none, issuer statement, periodic auditor attestation, daily verification agent, on-chain proof of reserve, transfer-agent register.

Attestations are positive statements by a named attestor. Findings are negative or neutral facts we observed ourselves, with the evidence attached — nobody attests to those.

Known gaps

• The universe is a union of searches, not an authoritative listing. There is no working "all tokenized stocks" call, so the fetch fires many queries by issuer and ticker name. An issuer absent from that query list is invisible here.
• The forced-transfer pillar grades a capability, not a process. A permanent delegate exists on roughly half the tokens, mostly held by single keys with no published procedure; whether it is bound to a legal process is tracked separately and does not yet move the level.
• Reference prices are thin. Most tickers have no entitled Pyth feed, so the premium often rests on a quotient derived from an issuer's own registry — good enough to spot a 20% gap, not a quote.
• Transfer hooks are reserved but empty. Almost every token reserves the hook slot and none has a hook program installed, so nothing is enforced on chain today — but the authority to install one later is retained.
• Symbols are not tickers. Some issuers truncate their symbols, so joining a token to a real listed ticker needs a lookup table this pipeline does not have. Private companies have no ticker at all.
• Every field can be absent. A dash means the source does not say, and is never rendered as zero. Missing values are skipped in aggregates, not counted as nothing.