Toku

Toku is a provider of an end-to-end global payroll and compliance platform that enables companies to pay their global workforce using stablecoins, fiat currencies, and token compensation. The platform offers Employer of Record services in over 100 countries, contractor management, global payroll with built-in tax automation, token grant administration with vesting and distribution, and a Stablecoin Payroll API that integrates with existing systems including ADP, Workday, Gusto, Paychex, and Rippling. Toku differentiates itself by allowing pre-funded payroll capital to earn yield in yield-bearing stablecoins or tokenized money market funds until disbursement, providing fast global settlement without FX spreads, and enabling recipients to spend with a Visa card accepted at over 150 million merchants worldwide without needing a local bank account. The platform handles full tax and labor compliance including withholding, reporting, and statutory contributions per jurisdiction. Founded in 2021 and headquartered in Tokyo, Japan, Toku has raised approximately 0 million in a Series B round with investors including Blockchain Capital, Orrick, OrangeDAO, Quantstamp, and Reverie.