Virtual shares are freely tradable between wallets in the Ethereum ecosystem. All wallets that are compatible with ERC20 tokens can send and receive them.
However, you can make settings in the smart contract of your virtual shares that restrict the tradability of them.
On the one hand, an "Allowlist" can restrict trading, and on the other hand, there is the option of setting a minimum holding period for the virtual shares ("Lockup Period").
✅ The allowlist determines which Ethereum addresses are authorized to receive or send the virtual shares ( "whitelist").
✅ The lockup period defines a period that must have expired before virtual shares can be traded.
In order to be transparent, you should always inform your investors in advance of any restrictions on tradability.
In the future, Tokenize.it plans to provide a secondary market on which all issued virtual shares can be traded, provided there are no trading restrictions.
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