Investors purchase ACE tokens, which are digital assets, the digital representation of financial assets, which are shares or SAFEs of the Talent's Limited Company. ACE only allows Talent to list the most senior, or partent company, of all their activities. I.e. Talent cannot list subsidiaries, franchises, etc. on ACE.
Digital assets are not tangible, meaning they have no physical presence. They are files that reside on computers or a cloud-based storage network.
The Decentralized / Distributed Ledger keeps track of who owns which digital assets. Tokens sold on ACE are digital representations of the shares of the Talent Limited Company.