# BestTokenCompensation

> A sourced comparison of token compensation and token grant administration platforms (Toku, Coinbase Token Manager, Magna, Hedgey Pro by Anchorage Digital, Deel, Sablier, Streamflow), published by Toku. Covers grant types (RTAs, RTUs, token options, warrants), vesting and unlocks, tax withholding at vest, payroll links, custody, pricing, US tax rules (IRC section 83, Treas. Reg. 1.83-3, 83(b) elections, IRS digital asset FAQ) and Pulley's shutdown.

Published by Toku (https://www.toku.com), which is one of the providers covered. Last reviewed November 10, 2026.

## Pages

- [Best token compensation and token grant administration platforms in 2026](https://besttokencompensation.com/): seven token grant administration and vesting platforms compared and reviewed, the token grant lifecycle, US tax rules for token compensation, what Pulley's shutdown means for token cap tables, and FAQ.
- [Methodology and disclosure](https://besttokencompensation.com/methodology): how providers are compared, sources, and the publisher relationship.

## Providers

- Toku (https://www.toku.com): token grant administration from setup through vesting, withholding, distribution and reporting; RTAs, TPAs, RTUs, token options, TARs, warrants, phantom grants; withholding per jurisdiction with payroll and tax in 100+ countries; $1,200/month for up to 49 stakeholders. Ranked first by its publisher.
- Coinbase Token Manager (https://www.coinbase.com/tokenmanager): formerly LiquiFi, acquired by Coinbase July 2025, renamed Feb 28, 2026; grants, vesting, lockups and distributions via custodians or smart contracts; calculates token withholding from your rates but doesn't file or remit; CSV exports for payroll; Coinbase Prime custody; pricing not stated.
- Magna (https://www.magna.so): token vesting, unlocks, distributions and claim portals, on-chain or off-chain; owned by Payward (Kraken) since Feb 2026; US-only tax withholding on direct transfers with rates from Deel or Rippling; SOC 2 Type 2; pricing not stated.
- Hedgey Pro (https://www.hedgeypro.com): Hedgey's successor inside Anchorage Digital, launched Dec 2025; tokens held in Anchorage custody in employee-specific vaults; custom vesting, grant structures and 83(b) elections; withholding and pricing not stated.
- Deel (https://www.deel.com): tracks, taxes and reports token grants in 90+ countries through its payroll and EOR; doesn't hold the tokens; vesting administration and distribution not stated.
- Sablier (https://sablier.com): on-chain token vesting and streaming protocol on EVM chains; self-custodial; linear, cliff and custom curves; no tax or payroll features; free to send, about $0.99 per recipient withdrawal.
- Streamflow (https://streamflow.finance): non-custodial on-chain token vesting on Solana; linear, graded, cliff and price-based vesting; no tax or payroll features; fixed per-action fees.

## Related guides from the same publisher

- [Best crypto payroll providers](https://bestcryptopayroll.com/): Toku, Deel, Rise and six more compared on stablecoin pay, employer of record, contractors and pricing
- [Best crypto EOR providers](https://bestcryptoeor.com/): employer of record services that pay employees in USDC or USDT
- [What is a crypto employer of record?](https://cryptoemployerofrecord.com/): how a crypto EOR works and the law behind stablecoin salaries
- [How to pay contractors in crypto](https://paycontractorsincrypto.com/): seven steps, tax forms and nine stablecoin payout providers
- [Best Web3 payroll software](https://bestweb3payroll.com/): payroll for labs companies, foundations and contributor programs