Mt Pelerin Shares (MPS): Uses, Supply and Risks

Mt Pelerin Shares (MPS) are digital tokens issued in 2018 as part of a public fundraising round for Mt Pelerin, a Swiss company focused on services for using cryptocurrency while keeping it in self-custody. The company says MPS represents tokenized shares. That makes it different from a network coin used to pay transaction fees or secure a blockchain: MPS is associated with a company rather than being the native asset of Ethereum or Gnosis Chain.

Mt Pelerin offers services including buying, swapping, bridging and cashing out cryptocurrency, and develops Bridge Wallet, a self-custodial mobile wallet. The company also describes services for larger clients and personal IBANs linked to self-custodial wallets. Those products provide context for the issuer, but they do not by themselves define what rights MPS holders have. Before treating MPS as an investment or assuming it carries voting, dividend or other shareholder rights, check the current share terms and legal documentation from Mt Pelerin.

MPS is intended to represent tokenized shares in Mt Pelerin, rather than a utility token with a clearly stated role in paying for the company’s wallet or banking-related services. Public sources do not specify a token-holder discount, a required use in Bridge Wallet, or a particular governance function. It also does not set out the detailed rights attached to each token. Those details matter: token ownership and legal shareholder status can depend on the issuer’s governing documents, registration procedures and the laws that apply to a holder.

For that reason, do not infer that holding MPS automatically grants a right to company profits, voting, redemption or access to financial services. Confirm the current terms directly with the issuer and consider whether they apply to your location and circumstances. MPS may be bought or sold on decentralized exchanges, but being tradable does not establish the legal rights of a holder or guarantee that an exchange will have buyers and sellers when you want to trade.

The reported total supply is 10 million MPS, with 500,000 tokens circulating. No maximum supply is listed. The difference between total and circulating supply is important because additional tokens could affect the amount available to trade if they enter circulation. The figures alone do not explain when or under what conditions that could happen, so check the issuer’s current supply and token terms for details.

As of 2026-11-05, MPS was reported at about $5.23 per token, with a market capitalization of about $2.6 million and a fully diluted valuation of about $52.3 million. These are snapshots, not stable values. Trading volume was low in the reported figures, which can make it harder to buy or sell a desired amount near a quoted price. Market capitalization and fully diluted valuation are estimates based on token prices and supply assumptions; neither indicates the value of the company or guarantees that tokens can be sold at those valuations.

MPS has been issued on Ethereum and xDai, now commonly associated with Gnosis Chain. It is not described as the native token of either network. A token on one network is not automatically interchangeable with a token on another, even if both use the MPS name and symbol. When transferring or trading, verify the network and the token’s contract details using information from Mt Pelerin. Sending tokens to an address on the wrong network or interacting with a counterfeit token can lead to loss.

MPS can be held in a self-custody wallet that supports the relevant network and token. Keep the recovery phrase or private keys secure and offline, and never share them with anyone claiming to provide support. Confirm that a wallet or exchange supports the exact MPS token and chain before depositing. Mt Pelerin develops Bridge Wallet, but check directly whether it currently supports MPS on the network you intend to use rather than assuming that it does.

MPS carries company-specific risk: Mt Pelerin’s business, finances, operations or legal position could change, and the token’s value may not track the company’s prospects. Because the reported circulating supply and trading volume are relatively limited, liquidity may be thin and prices can move sharply. There is also uncertainty to resolve through current legal documents about the rights represented by a token and how those rights are recognized for different holders.

There are technical risks as well. Smart-contract flaws, compromised keys, incorrect transfers, exchange failures or problems with a blockchain or bridge can result in loss. Holding tokens yourself avoids relying on an exchange to safeguard them, but makes you responsible for protecting keys and making correct transactions. Review the issuer’s current documentation, verify contract and network information, and consider whether you can tolerate losing the amount you hold. This is general information, not a recommendation to buy or sell MPS.