ISIN Assignment & Transferability

Investor Rights & Legal Protections

Token holders obtain rights comparable to early-stage equity investors.

Rights Typically Include

• Economic rights over compartment assets

• Proceeds participation (if startup exits)

• Access to transparent reporting

• Transfer rights during liquidity windows

• Rights defined in the AMC prospectus

What Token Holders Do Not Receive

To keep structure clean and manageable:

• Voting rights in the startup

• Operational influence

• Direct shareholder entry into the cap table

Instead, investors hold securitised financial instruments backed by the SPV’s equity stake.

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Bankruptcy-Remote Protection

A critical advantage of this structure is investor protection.

Through Filedgr’s securitisation model:

• Each compartment is a stand-alone legal entity

• Assets cannot be claimed by creditors of other compartments

• Startup insolvency does not affect the securitisation platform

• The platform’s insolvency does not affect the compartment

• The management company itself is an orphan structure

This is the highest standard of asset protection in structured finance.