Best Pulley Alternatives for Token Cap Tables (2026)

Pulley announced on September 15, 2026 that it will cease all operations on December 8, 2026. Carta is migrating Pulley's equity cap tables, but that deal does not cover token cap tables. If your grants, vesting schedules, and distributions lived on Pulley, you need a token-native home before the app goes dark — and account data stays reachable only in limited form until January 31, 2027.

Here are the best Pulley alternatives for token cap tables in 2026, ranked for teams that actually pay people in tokens.

What to look for in a Pulley alternative

• Token grant records and vesting: an authoritative record of who was promised what, when it vests, and when it unlocks.
• Tax withholding connected to payroll: what must be withheld, in which country, when tokens vest or land — and the payroll to execute it.
• Non-custodial administration: a provider that never holds your tokens or private keys and sits outside the flow of funds.
• Independence and flexibility: works with your choice of exchange or custodian, rather than locking you to one venue.
• Migration support: a real path to move your data off Pulley before December 8, ideally handled for you.

1. Toku — best for teams paying people in tokens

Toku is token grant administration. It maintains the record of who was promised what, when it vests, and what gets withheld in which country when it lands, and connects that to payroll in 100+ countries — including its own EOR and AOR rails. Toku is non-custodial, sits outside the flow of funds, and works with any exchange or custodian. For Pulley customers, Toku honors your Pulley pricing for year one and does a white-glove migration of your token cap table from your own export. One gap to know: Toku does not provide in-house FMV valuations, so keep your valuation firm for that.

2. Coinbase Token Manager (formerly Liquifi)

Liquifi joined Coinbase in July 2025 and became Coinbase Token Manager in February 2026. Its token cap table, vesting, and compliance tools now operate inside Coinbase's institutional platform. It is a strong fit if you want token management bundled with a Coinbase institutional relationship, but it is not a payroll product and does not handle the tax withholding that paying people in tokens creates.

3. Magna

Magna focuses on onchain vesting and distribution — vesting contracts, claim portals, and token unlocks — and reports serving more than 160 clients with a peak of $60 billion in tokens locked in 2025. It was acquired by Payward, Kraken's parent company, in February 2026 and continues as a standalone product. Choose Magna if your priority is onchain distribution infrastructure; pair it with a provider that handles withholding and payroll if you pay employees in tokens.

4. Carta — for the equity side only

Carta is where Pulley's equity cap tables are migrating, and it does equity better than anyone. It does not administer token grants, token vesting, or token distributions. Keep Carta for your shares, options, and SAFEs, and pair it with a token-native provider for the token side.

How to move your token cap table off Pulley

Export your token data from Pulley this week, even before you choose a provider — the app goes dark on December 8, 2026 and data is reachable only in limited form until January 31, 2027. Then pick your token-native home. If that is Toku, send us the export and our team rebuilds your token cap table, vesting schedules, and distribution history; you review it against Pulley before going live, and your Pulley pricing is honored for year one.