Source: https://trybeaver.app/learn/what-happens-if-the-app-shuts-down

[← All guides](https://trybeaver.app/learn)

# If an investing app closes

What happens next depends on the account provider, the asset, and the terms under which you hold it.

## Identify the provider

Keep statements and records showing who holds or issues your investments. The app and the financial institution responsible for the assets may be separate organizations.

## Check access and transfers

Review the provider’s closure notices and transfer procedures. Access can be delayed, and a transfer or sale may have costs or tax consequences.

## Tokenized holdings

Beaver uses tokenized securities held in your wallet. Holding a token does not necessarily give you the same rights as holding the underlying share. Access, transfers, and redemption depend on the issuer and product terms. A wallet does not remove issuer risk or guarantee continued trading if an app closes.

Further reading: [Investor.gov on tokenized securities ↗](https://www.investor.gov/introduction-investing/investing-basics/investment-products/tokenized-securities)

## Try Beaver early

Request an invitation for iPhone.

[Get early access](https://trybeaver.app/#early-access)

## Keep reading

[Looking for Bumped? ↗](https://trybeaver.app/learn/bumped) [Investing without a monthly subscription ↗](https://trybeaver.app/learn/invest-spare-change-without-monthly-fee) [Choosing where your round-ups go ↗](https://trybeaver.app/learn/round-ups-into-stocks-you-pick)