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News & insights

Insights

Reports and reviews from the TFOS team: listings, regulation and the instruments our clients trade.

NewsInsightsEvents

Marketing communication, not independent investment research and not financial advice. Past performance is not a guide to future results.

Report

Tokenization: a review for South African investors

What tokenized assets are, how they are regulated, and what they mean for adviser and HNW portfolios. 44 pages.

TFOS Research
IPO coverage

The market has its say: how July's IPOs are performing

Post-IPO coverage of Csquare, Standard Nuclear and Scribe Therapeutics: three July listings, three very different receptions.

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IPO coverage

Friday IPO Review: six listings, one nearly doubled

APMD up ~98% from its IPO price, Lyntris below its offer: the businesses, catalysts and risks behind six recent listings.

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Marketing communication, not independent investment research and not financial advice. Past performance is not a guide to future results. Turlov Family Office Securities (Pty) Ltd is an authorised FSP (52874).

Turlov Family Office Securities
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Turlov Family Office Securities (Pty) Ltd is an authorised Financial Services Provider (FSP No. 52874) under the Financial Advisory and Intermediary Services Act, 2002 (FAIS Act), regulated by the Financial Sector Conduct Authority (FSCA) of South Africa. We are approved to offer non-automated advice and intermediary services on shares, bonds, money market instruments, participatory interests in a hedge fund/collective investment scheme, debentures and securitised debt, warrants, certificates and other instruments, derivative instruments, long-term and short-term deposits, and crypto assets as a licensed crypto asset service provider, in accordance with our licensing conditions. There are risks involved in buying or selling any financial product. Past performance is not indicative of future performance. The value of financial products can increase as well as decrease over time. Crypto assets are high-risk investments; their value can rise or fall sharply and they are not covered by deposit insurance or investor-protection schemes. Illustrations, forecasts or hypothetical data are for illustrative purposes only.

TFOS shall not be held liable for the unauthorised use of its name, trademark, logo, or any other corporate symbols by third parties. Any information regarding authorized partners who are permitted to use these brand elements will be published exclusively on the Company's official website. TFOS shall not be responsible for the actions of third parties who falsely claim to be partners or representatives of the Company, or who unlawfully use the Company's name, trademark, logo, or any other corporate symbols without proper authorisation.

The information and materials presented herein are provided for informational purposes only and are not intended to constitute financial, legal, tax, or any other advice. This information is not intended as an offer or solicitation for the purchase or sale of any financial instrument. Before selecting a financial product, it is recommended that investors seek specialised financial, legal and tax advice.

Complaints must be made in writing to complaints@tfos.com. We acknowledge receipt promptly and give a substantive response within 14 calendar days; our complaints management policy is available on request. Information Officer (POPIA and PAIA): Oleksandr Tsyhlin, info@tfos.com; our Protection of Personal Information Policy and PAIA Manual are in Documents. Services are not offered to persons in the United States or in any jurisdiction where this would be contrary to local law. Website content is marketing communication, not independent investment research.

© 2026 Turlov Family Office Securities (Pty) Ltd · Registration number 2022/274852/07. All rights reserved.

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