Fletchery
Fletchery
NEWBuilt for the SEC's tokenized-stock venues

Every order, straight to the mark.

Fletchery is one connection that lets any trading app offer tokenized US stocks around the clock. It sends each order to the best venue and keeps every fill inside the new rules.

Become a design partner → Try the router
Mon 10:30 ET · Regular hoursRouting live
Tier 1 cap · 0.25% of ADVTier 2 cap · 2.5% of ADVIssuer notice · 30 daysExchange halts · mirroredFair-value band · ±3% regular hoursWeekend band · ±10%AI agents · per-trade + daily capsDividends · record-date snapshotsAudit log · stamped on-chain daily Tier 1 cap · 0.25% of ADVTier 2 cap · 2.5% of ADVIssuer notice · 30 daysExchange halts · mirroredFair-value band · ±3% regular hoursWeekend band · ±10%AI agents · per-trade + daily capsDividends · record-date snapshotsAudit log · stamped on-chain daily
The problem

The market is open. It's also in pieces.

Since September 2026, US rules let tokenized stocks trade on new on-chain venues. Each one has its own sign-up, its own whitelist and hard limits. A trading app that wants in has to stitch it together itself.

3+

Separate venues

Each venue built its own onboarding and its own list of approved routers. There is no single way in.

0.25%

Monthly volume caps

A Tier 1 venue may trade only 0.25% of last month's average daily volume in each stock. Two breaches stop the stock for three months.

0 s

Halts must match

When an exchange pauses a stock, every venue has to stop with it at the same moment.

Sat

Weekend prices drift

With the exchange shut, a thin pool can be pushed far from fair value. Customers who trade into it pay for it.

The product

One connection. Every safeguard.

The app connects once. Fletchery handles routing, rules and safety on every order, then proves what happened.

Best-price routing

Split for the best price, never past a limit

Each order is priced across every venue the customer may use and split when that beats any single venue.

Venue A
2,480
Venue B
960
Venue C
560
Primary mkt
shut
BUY 4,000 AAPL · Sat 12:00 ET+49.6 bps vs best single venue
The rulebook

Six checks on every fill

  • Approved router
  • Verified customer
  • Listed, not halted
  • Agent within limits
  • Monthly cap headroom
  • Inside fair-value band
Weekend Guard

No glitch prices on a Saturday

A fair price for every stock, around the clock. Pools can't trade outside the safe range.

+40% print ignored
Limits for AI agents

Let an agent trade, on a leash

Per-trade and daily caps, a stock allowlist and an off switch, enforced on-chain.

Spent todayof $20,000
✕ $8,000 order refused · per-trade limit $5,000
Agent active · kill switch ready
One identity check

Verified once, accepted everywhere

CredentialValid
CountryUnited States
ClassRetail
Personal data on-chainNone
Dividends and votes

Holders keep their rights

Dividend$0.26 / share
Paid onrecord-date balance
For 62%Against 29%
Reports

What regulators expect

Order trails, best-execution summaries and cap forecasts.

A record nobody can edit

Every quote, route and refusal, chained and stamped on-chain daily

How it works

Three steps. One API.

01

Connect once

The trading app calls one API. Fletchery already speaks to each venue.

02

Route and check

Orders are priced across every eligible venue, split for the best result and checked against six rules before they fill.

03

Prove it

Fills, refusals and reasons land in a tamper-proof log, ready for compliance teams and regulators.

POST /orders
// one call from the trading app
{
  "account":  "us-4821",
  "symbol":   "AAPL",
  "side":     "BUY",
  "shares":   4000,
  "delivery": "TOKEN"
}

200 FILLED  4,000 sh across 3 venues
  venue A    2,480 sh
  venue B      960 sh
  venue C      560 sh
  skipped    primary market: token delivery
  checks     router ✓ customer ✓ halt ✓ cap ✓ band ✓
  proof      0x9c41…e07b (stamped daily)
Who it's for

Built for both sides of the trade

Fletchery stays independent, so every venue and every broker can trust the same connection.

Brokers and trading apps

Offer 24/7 stocks without a year of plumbing

  • One API instead of one per venue
  • Best execution you can show your regulator
  • Safe limits for customers' AI assistants
Venues

Order flow from every app at once

  • Customers arrive already verified
  • Caps and halts respected before orders reach you
  • Fair-value protection for your pools
AI trading products

Agents that trade with a leash

  • Per-trade and daily spending caps
  • Stock allowlists and an instant off switch
  • Every agent order logged with its reason
Where we are

A working prototype, tested hard

Smart contracts built on Uniswap v4, an off-chain routing engine and a broker API, all running end to end.

65contract tests passing against Uniswap v4's own pool code
19/19safety checks behaved as designed on a test chain
843orders through a simulated week, halts and weekend spikes included
6rules enforced on every swap before anything settles

Prototype, October 2026. Figures come from tests and simulations, not live trading.

Design partners

Let's build the first integrations together.

If you run a broker, a trading app or a tokenized-stock venue, we'd like to hear from you.

team@fletchery.pro