SBI VC Trade 貸コイン

Not applicable

Current operation and contractual return mechanics do not prove universal realized repayment or solvency. Product-specific lending disclosures expressly preserve borrower/counterparty and insolvency non-return risk.

Estimated recovery

Not applicable

Repayment started

—

Repayment completed

—

Confidence

High

Platform-owned

SBI VC Trade's crypto-asset exchange registration does not make lending principal segregated, insured or guaranteed. The Flare disclosure is product-specific and is not generalized verbatim to every current or historical course. Current/campaign annual rates remain issuer terms rather than verified realized returns.

Affected product

SBI VC Trade 貸コイン

Confidence

High

Current first-party material defines 貸コイン as a consumption-loan arrangement to SBI VCトレード株式会社. A product-specific Flare lending disclosure states that lent assets are outside exchange-custody segregated-management treatment, the customer does not receive the exchange-custody priority right described there, SBI VC Trade may relend the assets, the lending is unsecured, and insolvency can cause partial or total non-return. CYA therefore uses `platform_owned` to represent borrower-counterparty economic exposure during the lending contract, while preserving that exact contractual terms can differ by asset/course.

Source: Flare 貸コイン契約に関するリスク説明

Current lending assets, course lengths, annual rates and product-specific legal documents can change. The Flare disclosure is strong first-party evidence of SBI VC Trade's lending legal model but is product-specific and is not generalized verbatim to every course. SBI VC Trade's exchange registration is not treated as making lent principal segregated, insured or guaranteed.