About

Capital formation infrastructure

Building the rails since 2016.

Deal Box was founded by Thomas Carter in 2016 and tokenized its first real-world asset the same year. The rails came first. The rules are still catching up.

2016First tokenizationSource: company record, founder bio, USA Today announcement 2026-07-22
Our footprint

What ten years adds up to.

100+Companies packaged
10Years of Deal Box, founded 2016
$0Taken from any raise, ever
$1.5B+Financing closed by Deal Box alumni
$400M+In offerings structured through Deal Box
The decade

Ten years ahead.

Founded September 11, 2016, on a bet about how capital would move. Here is what we did while the market caught up.

The marketCapital formation goes digital

  1. Sep 2016

    Deal Box is founded.

    Company record
  2. Aug 2017

    Launches a tokenized venture platform.

    PRWeb
  3. Aug 2018

    Advises Altopa on its 506(c) offering.

    GlobeNewswire
  4. Jun 2019

    Hosts a packaging and diligence summit with George Gilder.

    GlobeNewswire
  5. Oct 2020

    Structures and markets a Series A security token offering.

    PR Newswire
  6. Sep 2021

    Launches Deal Box + Sign for smart documents.

    GlobeNewswire
  7. Sep 2021

    Builds a digital investment offering with Impact Naturals.

    GlobeNewswire
  8. May 2023

    Integrates Fireblocks to secure digital assets.

    PR Newswire
  9. Aug 2024

    Opens a Honolulu office for Asia-Pacific.

    GlobeNewswire
  10. Dec 2024

    Partners on Bitcoin-native access to private markets.

    GlobeNewswire
  11. Jan 2025

    Adachi Electric of Japan engages Deal Box for investment packaging.

    GlobeNewswire
  12. 2026

    Offering Portals, Investor CRM and Data Room, on one login.

    The product

“We did not spend ten years chasing the future of capital markets. We spent ten years building toward it.”

Thomas Carter, founder

The thesis

The refinancialization of the economy.

The internet programmed information. Software programmed business. Now the same shift is reaching money itself: shares, loans, property and revenue are becoming records that can be owned, financed and traded directly online. Deal Box is the capital formation part of that shift.

In the same ecosystem

True I/O

Identity

Identity and verification across connected devices and digital transactions.

UCID

Authentication

True I/O's identifier for verifying and authenticating connected devices.

Orobit

Bitcoin-native infrastructure

Bitcoin-native systems built to support programmable applications and tokenized asset markets.

SQRL

Payments

Payments and the movement of money.

Token Clear

Enterprise-value intelligence

Company-specific enterprise-value modeling, strategy and studies for public and pre-public companies. Digital-asset treasury is one capability.

BlendFi

Financial access

An account for everyday cash with a separate Bitcoin position. In early access.

Pando Research

Research

Sourced research on digital assets, tokenization and blockchain infrastructure. Its 2026 infrastructure report is written by Thomas Carter, the founder of Deal Box.

The operating principles

Three rules that decide every argument.

Issuer-first, always

Founders pay us. Investors never do. Nobody pays on a transaction.

The record before the raise

Nothing lists until the record is complete. That is the whole standard.

Rails before rules is normal

American market infrastructure has always arrived ahead of its legislation.

The team

Securities people, not just developers.

Investment bankers, capital markets operators, and founders who have sat in the seat you are sitting in.

Thomas Carter, Chairman & CEO at Deal Box
Chairman & CEO

Thomas Carter

Chairman & CEO

2021 Wakesports Hall of Fame inductee. Surfer. Brazilian stuffed hash brown enthusiast. 25+ years building capital markets infrastructure.

Dylan Carter, Managing Director at Deal Box
Managing Director

Dylan Carter

Managing Director

Deal junkie, even on FB Marketplace and Craigslist. Golfer. Snowboarder. Hiker. Runs capital formation ops and closes complex rounds.

Nestor Carvallo, Associate PM at Deal Box
Associate PM

Nestor Carvallo

Associate PM

Bradford Botes, Senior Associate at Deal Box
Senior Associate

Bradford Botes

Senior Associate

The close

One link to close.

Deal Box is not a broker-dealer. We earn from issuers, never from investors.