usd2Shareholder roomShareholders

FUND 1 · 150 MILLION USDT

Fund 1.
150 million USDT.

USD2 is being developed around businesses that need capital to build an institution or complete a trade. USDT is the funding medium. The commercial activity determines how that capital is put to work.

150M USDT

Fund 1 target

Under discussion with Turing as the prospective limited partner.

THE INVESTMENT MANDATE

Three uses of capital

Institutional ownership

Equity capital for financial infrastructure that supports agricultural trade. The initial plan is an interest in World Agriculture Bank, with USD2 funding the bank’s initial cash capital.

World Agriculture Bank

Trade finance

Working capital tied to a specific commercial cycle: an order, eligible supplier costs, shipment and buyer payment. The initial focus is QAF’s China–Saudi electric-vehicle programme.

China–Saudi trade finance

Liquidity and settlement

Capital availability for approved commitments, conversion into the currency a transaction requires, and the collection of repayments. Liquidity is managed around the timing of investments and trade, rather than treated as a separate speculative strategy.

WAB illustration of a rural family and livestock in a mountain landscape

THE COMMERCIAL CONNECTION

Ownership and trade
belong together.

An agricultural institution can develop relationships that last across many seasons. Trade finance meets a shorter need: carrying the cost of an identifiable order until collection.

The fund brings those investment horizons into one mandate, while each investment retains its own underwriting, accounts and governance.

INVESTMENT DISCIPLINE

Capital follows the obligation

A bank investment is assessed through ownership rights, the path to licensing, management and the institution’s capital needs. A trade facility is assessed through its counterparties, payment obligations, security and the route by which cash returns.

Alexander Frederiksen and Per Troen bring operating and governance experience to the general partner role. The capital partnership is under discussion with Turing. The fund structure and project investments remain under development.

Investment approvals and payment authority are designed to be separate, with custody, reconciliation and reporting around each use of capital.

CAPITAL TO EXECUTION

The investment path

Origination connects USD2 to a commercial opportunity. Underwriting and documentation establish the rights, obligations and conditions for capital. The operating process then follows each payment and collection.

  1. 01

    Originate

    Identify the institution or transaction, legal parties and capital requirement.

  2. 02

    Underwrite and document

    Assess the commercial evidence, cash flow, rights, protection and regulatory conditions.

  3. 03

    Fund and oversee

    Release capital against approval conditions, monitor progress and reconcile exposure.

  4. 04

    Collect and report

    Track receipts, liquidity, exceptions and the actual position for the capital partner.

The process in detail

THE OPERATING THESIS

A small team.
An institution’s intelligence.

USD2 and WAB are being designed around centralized AI intelligence: an internal operating system with proprietary models that coordinates evidence, analysis and daily workflows.

People bring relationships, data and judgment. The intelligence layer connects their work across finance, customer service and trade, within each institution’s authority.

The AI operating thesis
The human network

Relationships · verified data · prompts · policy · judgment

THE COORDINATION LAYER

Centralized AI intelligence

Proprietary models, institutional knowledge and a shared workflow engine.

Understand the evidenceConnect the workPrepare the action
Defined authority

Policy limits, access permissions and required human approvals govern execution.

USD2 fundInvestments · treasury · LP reporting
WABCustomers · banking operations · supervision
Trade facilitiesDocuments · milestones · collections

Operating design under development. Each legal entity retains its own accounts, permissions and decision owners.

FUND 1

Explore in depth

01

Capital. Connected intelligence.

An internal operating system with proprietary AI models, designed to expand what a small human team can accomplish.

Read the chapter02

Capital with a commercial purpose.

Fund 1: 150 million USDT. Institutional ownership, transaction finance and the liquidity that connects them.

Read the chapter03

From relationship to investment.

An operating process that connects origination, underwriting, documentation, payment and oversight.

Read the chapter04

Liquidity at the moment it is needed.

USDT treasury, custody and fiat settlement around the obligations of a real transaction.

Read the chapter05

The right capital for the right obligation.

How institutional equity, transaction finance and other financing routes address different commercial needs.

Read the chapter

SHAREHOLDER ROOM

Fund 1.

Capital structure, project detail and the operating plan for the LP–GP partnership.

Enter the shareholder room