Legal

This page gathers the compliance and legal framing for Pipeline. Nothing on this page is legal advice. Consult your own counsel before participating.

Eligibility

Pipeline serves whitelisted entities and individuals from jurisdictions Pipeline is licensed to onboard. Compliance is enforced by KYT (Know Your Transaction) screening on every deposit, on standalone address enrolments, and on scheduled passive re-screening.

Cannot serve

• Wallets on OFAC or equivalent sanctions lists
• Jurisdictions not on the published eligibility list
• Legal entities or individuals failing Sumsub KYC/KYB or Chainalysis screening

Terms of use

The terms of use govern wallet onboarding, compliance obligations, eligibility, dispute resolution, and governing law for the offering.

Terms of use, pending publication. The full Terms of Use will be published here before launch. Lenders must accept the terms before their first deposit.

Privacy policy

Pipeline collects KYT screening data through its compliance vendor. It does not sell or share this data with third parties outside of vendor workflows required for screening.

Privacy policy, pending publication. The full Privacy Policy will be published here before launch.

Not financial advice

Information on this site is not investment, legal, or tax advice. Yield figures are illustrative unless explicitly stated otherwise. Do your own due diligence and talk to a qualified advisor before committing capital. Past default rates and historic returns in commodity trade finance are not guarantees of future Pipeline performance.

Regulatory framework

Pipeline is structured to operate under existing legal regimes for trust structures (Cayman, BVI), commodity finance (English law, LCIA arbitration), and on-chain identity-permissioned access (KYT, KYC, KYB, sanctions screening). Where the regulatory regime in a target jurisdiction evolves, Pipeline’s eligibility list and structural architecture are updated accordingly. The protocol does not represent that it is registered, authorised, or licensed under securities, banking, or commodities regulation in any specific jurisdiction beyond what is published in the eligibility list.

Privacy and data

Lender identity data collected through Sumsub is held subject to the published privacy policy. Wallet-screening data from Chainalysis is used for sanctions and AML compliance. Neither is shared beyond regulatory necessity and the operational requirements of running the WhitelistRegistry.

Counsel of record

Reed Smith LLP — facility templates, English law, LCIA arbitration, structuring counsel for the Trade Company. Carey Olsen — Cayman and BVI offshore counsel covering the Charitable Trust, The Trust Company, the Strategy Trusts, the Operational Expense Trust, and the Collateral Trust.