Fasanara

Tokenized Product

Fasanara Money Market Fund (FAST) is the on-chain representation of the fund, offering investors liquidity, transparency, safety and yield.
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  • FAST offers a secure, flexible, and compliant investment vehicle that delivers reliable U.S. Treasury yields in a stable, tokenised form.
  • Investors benefit from regular cash flows, capital preservation, transparency, and enhanced liquidity options.
  • FAST is crafted to offer a secure and compliant investment framework, ensuring adherence to stringent regulatory standards and investor protection.
  • Investors benefit from a token that accumulates capital gains and interest accrual immediately upon fund receipt. They also have 24/7 access to key information and the investor portal, along with liquidity management and potential integrations with other digital financial services.
  • A dual fund structure (Feeder and Master) efficiently pools investments from qualified investors (via the Feeder Fund) and manages these assets at scale (via the Master Fund), optimising returns while mitigating risks.
  • The use of a segregated portfolio ensures bankruptcy remoteness, leveraging the regulatory and operational efficiencies of the Cayman Islands legal framework.

Legal Name: Fasanara Money Market Fund (Feeder) SPC
Counterparty Type: Tokenized Money Market Product
Entity Type: Segregated Portfolio Company (SPC)
Year Founded: 2024

Restricted Jurisdictions: All approved investors provided they satisfy the minimum investment amount and AML (Anti-Money Laundering) and KYC (Know Your Customer) requirements. Note:
Only accredited investors, or those classified as investment professionals under Rule 501(a) of Regulation D of the U.S. Securities Act of 1933, are eligible to invest in FAST. Only those classified as investment professionals under Article 19 of the UK Financial Services and Markets Act (Financial Promotion) Order 2005 are eligible to invest in FAST.
Issuer Jurisdictions: Cayman Islands
Licenses: Cayman Islands Monetary Authority (CIMA) for Investment Vehicle, Bermuda Monetary Authority (BMA) for Fund Administrator, U.K. Financial Conduct Authority (FCA) for Investment Manager.
Tokenized Asset Ticker: FAST
Tokenized Asset Name: Fasanara Money Market Fund
Service Providers: Tokeny, Stablehouse/XBTO, Chainlink, Polygon, APEX, Fireblocks
Blockchain Networks: All EVM Compatible (Ethereum, Polygon, Arbitrum, Avalanche, etc.)
Tokenized Asset Contract Address(es): -
Token Standard: ERC-3643
Subscription/Redemption (Mint/Redeem) Permissions: Permissioned - Approved investors that satisfy the minimum investment amount and AML/ KYC requirements via the Fund Administrator
Liquidity: -
Secondary Market Permissions: Subject to whitelisting and approval by fund Directors and Fund Administrator
Underlying Instruments: FAST fund invests primarily in short-duration U.S. Government Securities, including U.S. Treasury Bills. In addition to Treasury bills, FAST SP may invest in: US Treasury notes within 270 days maturity, US dollar-denominated commercial paper rated “A-1” and above, and shares of US money market funds compliant with the 1940 Act.
Mechanics of Token Value Accrual: Price Appreciation
Integrations: Pending/To be announced 
Standard Fees: 0.25% annually
Other Expenses: Expense cap - 0.15% annually 
Risk Assessments: Smart contract audits, blockchain protocol audits and penetration test provider. Monitoring blockchain transactions and token history for potential risks and ensuring adherence to global regulations. KPMG  financial audits which ensure the fund's operations comply with established accounting standards and regulatory requirements. Enhanced fund transparency with NAV and reserve data on-chain.
Other Features: FAST is redefining collateral backing with liquid, transparent, yield-generating reserves.

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