> For the complete documentation index, see [llms.txt](https://docs.anchored.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.anchored.finance/getting-started/investment-and-redemption.md).

# Investment & Redemption

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This page explains how to mint (buy) and redeem (sell) Anchored tokenized stocks directly onchain, including supported payment methods, minimums, and what to expect at each step.
{% endhint %}

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## **Investing (Issuance)**

<details>

<summary>What is the minimum investment amount?</summary>

The minimum amount to mint tokenized stocks is $100,000 USDC. After the first mint, there is no consequent minimum minting amount.

</details>

<details>

<summary>Can I buy fractional tokens?</summary>

Yes. Tokens are divisible. You can mint or hold any fractional amount.

</details>

<details>

<summary>How does Issuance Work?</summary>

Issuing tokenized stocks with Anchored settles onchain once the underlying order has filled.

#### **Step-by-step**

1. Choose the stock you want to purchase.
2. Confirm the amount you'd like to buy.
3. Pay with a supported stablecoin (USDC initially).
4. Anchored mints your tokenized stock and delivers it directly to your wallet.

</details>

<details>

<summary>What currencies can I use to buy Anchored tokenized stocks?</summary>

Purchases are completed using **USDC**.

</details>

<details>

<summary>Which wallets are supported?</summary>

Anchored tokenized stocks use the **ERC-20 standard**, meaning they can be held in:

* MetaMask
* Rabby Wallet
* Trust Wallet
* OKX Wallet
* Coinbase Wallet
* Ledger, Fireblocks, BitGo (via supported custodial workflows)
* Any EOA or smart contract wallet that supports ERC-20 tokens

Note: centralized exchanges that are partners of Anchored also support Anchored tokens.

</details>

<details>

<summary>How long does issuance take?</summary>

Tokens are minted after the relevant fill and once authorised settlement conditions are satisfied. An unfilled order mints nothing, and a partial fill mints only the filled amount.

</details>

***

## **Redeeming**

Redemptions allow you to convert tokenized stocks back into stablecoins. The process mirrors issuance and is equally fast.

<details>

<summary>How do Redemptions Work?</summary>

1. Select the tokenized stock you want to redeem.
2. Enter the amount you want to convert.
3. Confirm the transaction from your wallet.
4. Anchored burns the tokens and returns **USDC** to your wallet.

Redemptions are subject to fees, liquidity, market hours, partner rules and compliance checks.

</details>

<details>

<summary>How much can I redeem and for which currencies?</summary>

The minimum redemption amount is **$10.00.**&#x20;

You can redeem into:

* **USDC** (default)
* Future support for other stablecoins or fiat transfers may be added as regulatory approvals allow.

</details>

<details>

<summary>Are redemptions always instant?</summary>

No. Redemption is subject to fees, liquidity, market hours, partner rules and compliance checks. If fiat payouts become supported, processing times may differ again depending on banking rails and jurisdictional requirements.

</details>

***

## **Additional Notes**

#### **Do I receive ownership rights in the underlying stock?**

No. Anchored tokenized stocks provide **economic exposure** to the underlying asset, not legal ownership. That means:

* No shareholder voting rights
* No statutory reporting rights
* No direct claims against the issuer of the security

However, you can always redeem tokens for their underlying value in stablecoins.

## **Need help?**

For questions about issuance, redemptions, payment methods, or onboarding, reach out at: **<info@anchored.finance>**