Fund Settlement & Custody Controls

Electronic payments are subject to identity, eligibility, custody, payment-rail, and record requirements. The normal, failure, and recovery sequence is Wallet and transfers for wallet transfers and Subscribe and fund for a fund subscription.

Preconditions and applicable checks

Before each payment transaction, the platform completes identity verification, BSA/AML screening, and sanctions screening for the person or entity behind the wallet or bank account. The platform completes any eligibility or accreditation check required by the fund's exemption before payment. For crypto payments, originator information is collected when the applicable Travel Rule requirements apply.

Custody and escrow

For a contingent fund offering, the payment path routes capital to the qualified third-party escrow or segregated account identified by the offering terms. Fiat escrow uses a non-interest-bearing FBO (For Benefit Of) account, separate from platform and Issuer operating funds. Investor funds remain distinct while the applicable closing conditions remain open.

The qualified custodian or other owning settlement service determines when the closing conditions are met and when escrow can be closed and released. If the fund is cancelled or the contingency fails, the refund process returns the full principal to the originating bank account or originating crypto wallet. The platform must not redirect a refund to a third-party destination. See Offer cancellation and Unsuccessful offer outcome.

Payment rails and status evidence

• ACH and wire transfers have rail-specific settlement times. ACH typically takes one to three business days, while wire timing depends on the banking provider.
• Stablecoin payments require the applicable asset, originator, wallet, and chain checks. The owning service records the provider or chain result.
• Payment status distinguishes instructions, processing, settled escrow receipt, and failure or rejection where the owning contract defines those states.
• The record includes the transaction intent, timestamp, bank confirmation code or chain reference, and reconciliation result.

Every fiat transaction intent, timestamp, and bank confirmation code is retained in an immutable record for at least six years. Waiting for the owning payment or custody service to report settlement before an issuance or distribution action reduces the risk of an unpaid delivery. It does not create a universal atomic or simultaneous settlement guarantee.

See Investment Process for applicable investment constraints and Reference for exact payment, transaction, and service identifiers.