CAPX operates in a regulatory sandbox for Tanzanian and Dar es Salaam Stock Exchange assets, and nTZS, the shilling stablecoin CAPX settles in, operates in the Bank of Tanzania regulatory sandbox. A sandbox is supervised, time-limited testing rather than a full licence, and can carry limits on participants and transaction sizes. CAPX lets you buy shares listed on the Dar es Salaam Stock Exchange, and US shares, with Tanzanian shillings. Shares bought through a CAPX account are held on your behalf by CAPX with a licensed DSE broker. What you hold is a representation of the underlying share on the blockchain, held by a custodian or a special purpose vehicle, rather than registered shareholding. Tanzanian shares carry no dividend entitlement; US shares reflect dividends through the token's on-chain multiplier. Neither carries voting or other shareholder rights. CAPX is not an exchange or an investment adviser, and nothing here is investment advice. Share prices can fall as well as rise. US shares are not available to US persons.
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