Netcapital Engages First Asset Tokenization with PureWave Hydrogen
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 12 2026
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Should l Buy NCPL?
Netcapital has engaged its first issuer of tokenized assets. As part of this initiative, Netcapital has commenced work with PureWave Hydrogen, a company listed on the TSX Venture Exchange, to structure a securities-based tokenization of hydrogen drilling assets located in the Mid-Continent Kansas shelf. Netcapital believes this engagement represents its first potential revenue-generating real-world asset tokenization initiative and is being developed as a repeatable template for future issuer engagements across additional asset classes. The Company intends to apply a consistent fee structure and technology framework across subsequent real-world asset tokenization projects in order to build a scalable, diversified stream of platform revenue over time. Netcapital is currently evaluating and in discussions with additional prospective issuers that may be suitable candidates for similar structures; however, there is no assurance that such discussions will result in completed engagements.
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Analyst Views on NCPL
About NCPL
Netcapital Inc. is a fintech company with a scalable technology platform that allows private companies to raise capital online and provides private equity investment opportunities to investors. It provides private company investment access to accredited and non-accredited investors through its online portal (www.netcapital.com), which is operated by its wholly owned subsidiaries Netcapital Funding Portal, Inc. and its broker-deal subsidiary, Netcapital Securities Inc. In addition to access to the funding portal, it provides services, including a fully automated onboarding process; automated filing of required regulatory documents; compliance review; a custom-built offering page on its portal Website; third party transfer agent and custodial services; e-mail marketing to its list of investors; rolling closes, which provide potential access to liquidity before the final close date of an offering; assistance with annual filings, and direct access to its team for ongoing support.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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See More
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See More
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- Strategic Shift: CEO Rich Wheeless stated that this acquisition supports the company's transition to tokenization and digital asset offerings, aiming to deliver an approachable and visually appealing tokenization experience in the market, reflecting a commitment to future growth.
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See More
