Legal and regulatory
information.

01 Capital provides valuation, intelligence, research and strategic consultancy services.

01 Capital is not authorised or regulated by the Financial Conduct Authority. 01 Capital does not provide regulated investment advice, arrange or execute investment transactions, promote or distribute investments, or provide regulatory, legal, tax or accounting advice.

Information contained on this website is provided for general informational purposes only. It does not constitute investment advice, a personal recommendation, investment research for regulatory purposes, an offer or solicitation, or an invitation or inducement to engage in investment activity.

References to securities, digital assets, tokenisation, protocols, transactions, capital structures or markets are provided for analytical and informational purposes only.

Any valuations, estimates, scenarios, forecasts or other analytical outputs depend upon assumptions and information available at the relevant time and should not be regarded as guarantees of value or future performance.

Professional services are provided only under separately agreed engagement terms.

1. About 01 Capital

01 CAPITAL LIMITED (company number 12091097), of 20 Gracechurch Street, George Yard, London, Greater London, England, EC3V 9DH, is a consultancy providing valuation, intelligence, research and strategic solutions to businesses, asset holders and other professional and institutional market participants.

These terms govern your access to and use of the 01 Capital website and the information, research, analysis and other materials made available through it. By using this website, you agree to them. Unless expressly agreed otherwise in a separate written engagement, material on this website is provided for general information only.

2. No investment advice or recommendation

Nothing on this website constitutes or should be construed as investment advice, investment research for regulatory purposes, an investment recommendation, personal recommendation or advice to buy, sell, hold or otherwise transact in any security, digital asset, token, financial instrument or other investment.

Nothing on this website takes account of the investment objectives, financial circumstances or particular needs of any person. Users must make their own independent assessment and obtain appropriate professional advice before making any investment or financial decision.

3. No offer, solicitation or financial promotion

Nothing on this website constitutes an offer to sell or issue, or a solicitation of an offer to purchase, subscribe for or otherwise acquire, any security, token, digital asset, financial instrument or investment.

Nothing on this website is intended to constitute a financial promotion or invitation or inducement to engage in investment activity. 01 Capital does not use this website to distribute or promote investments or investment opportunities. 01 Capital is not authorised or regulated by the Financial Conduct Authority.

4. Nature of our services

01 Capital's work may include valuation analysis, market intelligence, economic and structural analysis, strategic consultancy, transaction services analysis and advice concerning the commercial and structural aspects of tokenisation and digital assets.

Our work does not, unless lawfully provided by an appropriately authorised third party under a separate engagement, include:

• arranging or executing investment transactions;
• placing, marketing or distributing securities, tokens or investments;
• receiving or transmitting investment orders;
• managing investments;
• providing personal investment recommendations;
• custody of client assets;
• providing legal, tax or accounting advice; or
• providing regulatory advice or determining a client's regulatory compliance.

Where our analysis considers laws, regulations, market structures or regulatory developments, that information is provided as context for commercial and strategic analysis only and is not regulatory or legal advice.

5. Valuations and analytical outputs

Any valuation, model, estimate, scenario analysis, forecast or other analytical output is inherently dependent upon assumptions, methodology, available information and market conditions. Valuations may therefore differ materially from observable transaction prices or values subsequently realised.

Unless expressly stated otherwise, valuations and analytical outputs should not be interpreted as fairness opinions, regulated investment research, audit opinions, assurance reports or guarantees of value. Past performance, historical market behaviour and modelled outcomes are not reliable indicators of future performance.

6. Digital assets

Digital assets and related markets can involve significant volatility, technological, liquidity, counterparty, governance, legal and regulatory risks.

References to digital assets, protocols, token economics, treasury assets or tokenisation are provided for analytical and informational purposes and should not be interpreted as endorsement of a particular asset, protocol, structure or investment. The legal and regulatory treatment of digital assets varies by jurisdiction and may change over time.

7. Information and reliance

We seek to use information that we consider relevant and reliable, but information may originate from public sources, clients, counterparties or third-party data providers and may not have been independently verified.

We do not warrant that website information is complete, accurate, current or suitable for any particular purpose. You should not rely exclusively on website content when making commercial, financial, legal, regulatory or investment decisions.

8. Third-party information

The website may contain information, data or links originating from third parties. The inclusion of third-party information does not constitute endorsement, approval or verification by 01 Capital. We are not responsible for the availability, accuracy, security or content of third-party websites.

9. Intellectual property

Unless otherwise stated, all rights in the website and its content — including text, research, methodologies, valuation frameworks, graphics, designs, data presentations and branding — belong to 01 Capital or its licensors.

Content may be viewed and used for legitimate internal informational purposes. It may not be reproduced, distributed, commercially exploited, modified or republished without prior written consent from 01 Capital, except where permitted by law.

10. Liability

To the fullest extent permitted by law, 01 Capital excludes liability arising from reliance upon information contained on this website or from its use or unavailability.

01 Capital will not be liable for indirect or consequential losses or for loss of profit, revenue, business, opportunity, anticipated savings or data arising from use of the website. Nothing in these terms excludes or limits liability where doing so would be unlawful, including liability for fraud or fraudulent misrepresentation or death or personal injury caused by negligence.

11. Separate engagements

Professional services provided by 01 Capital are subject to separate engagement terms. Where there is any inconsistency between these website terms and a signed client engagement agreement, the engagement agreement will govern the relevant services.

12. Governing law

These terms and any non-contractual obligations arising from them are governed by the laws of England and Wales. The courts of England and Wales shall have exclusive jurisdiction, subject to any mandatory applicable law.