A single place for how we describe eligibility, structural intent, and risk — before you rely on any subscription or wallet action on the Platform.
This page summarizes themes that typically matter to institutional counterparties. It is not an offer to sell or a solicitation to buy any interest where such offer or solicitation would be unlawful, and it is not legal, tax, or investment advice. The legally binding relationship between you and KIBOV is set out in the documents linked under “Binding documents” below (including pool-specific offering materials, where applicable), as updated from time to time.
If anything on this page conflicts with your subscription documents, the subscription documents and the Terms of Service prevail.
Institutional credit-backed RWA infrastructure. KIBOV provides a technology and workflow layer for qualified participants to access tokenized economic interests in curated credit pools backed by real-world receivables and similar cash-flow assets, described in each pool's documentation.
Hold-to-maturity economics. Interests are generally structured around holding to maturity or other pool terms — not short-term trading in underlying loan claims. Where the Platform offers rule-based internal liquidity (including tools surfaced in-product), it is not guaranteed, may be suspended, and does not turn the product into an open secondary market for the underlying credit assets.
Narrative alignment: see product positioning in our documentation set; avoid implying retail distribution or unrestricted transfer of underlying claims.
Qualified / accredited investors only. The Platform is directed at persons who meet accredited, professional, institutional, or equivalent thresholds in their home jurisdiction, as described in the Terms and in onboarding checks. We may refuse access or subscriptions where eligibility cannot be verified.
KYC / AML / sanctions. Identity, suitability, and anti–money laundering controls apply before accessing subscription or settlement features. We may request source-of- funds or enhanced due diligence; we may block, freeze, or exit relationships where required by law or policy.
Geography. The Platform is not intended for natural or legal persons in jurisdictions where access would require registration we have not obtained, or where we restrict access (including, commonly, U.S. persons and other restricted categories as defined in our Terms). You are responsible for compliance with local law.
Underwriting and technology are operated through one or more operating entities (for example, coordinated from Singapore). Underlying pools may be held or mirrored through special-purpose vehicles established in jurisdictions selected for enforceability and transaction efficiency — including, where used, offshore SPV structures (e.g. Cayman- style vehicles) as described in the relevant offering materials.
The goal of such structures is bankruptcy remoteness and asset segregation from the operator's balance sheet, to the extent recognized under applicable law. No structure eliminates credit risk, and remoteness may not be recognized in every insolvency scenario or every court. Legal opinions and organizational charts for eligible counterparties are typically provided under confidentiality.
Investors generally hold rights against the issuer / SPV and the contractual waterfall — not direct enforcement against individual borrowers, except as stated in offering documents.
The full statement is in the Risk Disclosure. Nothing here limits or contradicts that document.
The Platform may use public blockchains (for example Base or other supported networks) and smart contracts for settlement, accounting, or gating. You are responsible for understanding gas, finality, and address correctness before signing transactions.
Distributions and claims. Some operations combine on-chain settlement with application-layer records and operational workflows. Not every administrative “distribution run” automatically maps to an immediate on-chain transfer to every wallet; mechanics are deployment- and pool-specific and are defined in offering documents and technical disclosures. When in doubt, rely on your counsel and the Risk Disclosure.
Contractual dispute resolution, arbitration or forum selection, and governing law are specified in the Terms of Service. This overview does not modify those provisions.
Published instruments and version dates — same catalog as the global footer “Legal documents” entry.
Product and technical documentation may be hosted at /docs (Nextra) when enabled; binding rights and obligations are only in the legal documents linked above.