⚖️Legal structure of an operation

Tokenized Legal Ownership

Each real estate operation on Lend is structured to provide full legal recognition to on-chain investors. When you participate in a project, you sign a bond agreement directly on the platform. This contract formalizes your status as a creditor of the company that owns the asset.

Once signed, the platform mints an opLend token to your wallet. This token represents your legal share in the project and entitles you to receive yield and potential profits. It is non-custodial and fully compliant with European financial law.

---

SPV-Based Structure

Each project is held through a separate SPV (Special Purpose Vehicle), a dedicated legal entity whose sole purpose is to acquire, hold, and manage the specific real estate asset. This structure ensures a clear separation of assets, liabilities, and returns for each operation, offering better protection and transparency to investors.

By signing the bond agreement, you are formally recognized as a bondholder of the SPV, with claim rights tied to the performance of the property.

---

Regulatory Compliance

All projects listed on Lend are declared to the French Financial Markets Authority (AMF) through a DIS (Document d’Information Synthétique) prior to launch. This filing provides official recognition and ensures that each operation respects the legal frameworks required for bond issuance and investor protection under French and EU regulations.

Lend’s compliance model is designed to bridge real-world legal enforceability with on-chain efficiency.