Binaryx

Binaryx self-custody

Binaryx is an investment platform for tokenized real estate and pre-IPO equity. Its self-custody model keeps tokens in wallets that investors control, with private-key export available for wallets created through email registration. Control of the wallet allows access through a compatible wallet application, while each token’s smart contract and investment terms continue to govern transfers.

Wallet access and key export

Connected wallet
Investors can connect MetaMask or another compatible wallet. Tokens are held in that wallet, and the investor retains its existing private keys.
Wallet created through email registration
Magic provides the wallet infrastructure. The investor’s account settings contain a private-key export function, and the exported key can be imported into MetaMask or another compatible wallet application.

The private key provides control of the wallet. Exporting it makes that control available outside the original application, but also reveals the existing private key that the investor must protect.

Tokens and underlying rights

The wallet holds tokens that represent an interest in a legal structure. Property tokens on Polygon represent interests in a property-specific Wyoming DAO LLC; the property title belongs to that LLC once the acquisition is completed.

For pre-IPO investments, the tokens represent membership interests in a deal-specific Wyoming DAO LLC. Its economic interest in private-company shares runs through a dedicated fund series. The investor’s rights are defined by the DAO LLC Operating Agreement and the subscription agreement between the DAO LLC and the fund series. Possession of the private key controls the tokens without replacing those agreements.

Settlement is recorded on-chain

Binaryx documents trades and transfers as transactions settled by smart contract on the blockchain. For a matched property-share spot trade, settlement exchanges the shares and payment together in one atomic transaction. The resulting blockchain record allows a settled transaction to be checked independently of the platform’s own records.

Transfer restrictions remain in force

A private key does not override a token’s smart contract. Property-share transfers remain limited to what the relevant contract permits.

Pre-IPO tokens are security tokens offered under Regulation S. A transfer requires the Administrator’s consent and a recipient who is an eligible non-US person with completed identity verification (KYC). Eligibility requires residence outside the United States and excludes residents of Russia and other OFAC-sanctioned jurisdictions. These tokens are not traded on public exchanges, and the fund does not offer early redemption.

Hypothetical example: Accessing the same wallet in MetaMask

In this hypothetical case, an investor registered by email, holds Binaryx pre-IPO tokens in the wallet created through Magic, and wants to manage that existing wallet through MetaMask. The investor exports the private key from account settings and imports it into MetaMask.

Visual summary: Hypothetical example: Accessing the same wallet in MetaMask (Binaryx)

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MetaMask can then access the existing wallet and its token holdings. The application used to access the holding has changed; the tokens have not been transferred to a different owner. A later transfer to another person would still require Administrator consent and an eligible non-US recipient who meets the residence and KYC requirements.

Keeping control beyond the application

The token record remains on-chain, and the associated legal claim sits with the issuing DAO LLC. An investor who retains the private key can access the wallet through another compatible application without relying on continued access to Binaryx’s interface. This preserves control of the wallet while the underlying investment remains subject to its legal terms and transfer restrictions.

Store an exported private key somewhere that only you can access. Binaryx states that it cannot recover a lost private key or reverse a transaction that a user has signed. Never share a private key or recovery phrase with anyone, including someone claiming to provide Binaryx support.

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