Pre-authorisation · UK & ADGM

Six thematic baskets

Diversified exposure to the sectors that matter.

Curated, rules-based baskets designed to give synthetic exposure to private-market themes — diversified across constituents rather than concentrated in single names, and built to a methodology institutions can interrogate.

Synthetic exposure · Not equity · No shareholder rights · No ownership in any company

eAIAI & Compute

Artificial Intelligence

Exposure to privately held companies advancing artificial intelligence — from foundation models and compute infrastructure through to applied AI across the enterprise.

  • Foundation models
  • AI infrastructure
  • Applied AI

EAI-01 · In design · Settled in USDC

eNRGEnergy Transition

Energy & Climate

The companies building the next generation of energy systems — storage, grid technology, nuclear and renewables innovation, and the climate-transition supply chain.

  • Storage & grid
  • Nuclear & renewables
  • Climate transition

ENRG-01 · In design · Settled in USDC

eHEALTHHealth Innovation

Healthcare & Life Sciences

Innovators across biotechnology, therapeutics, diagnostics and digital health that are redefining how care is discovered and delivered.

  • Biotech & therapeutics
  • Diagnostics
  • Digital health

EHEALTH-01 · In design · Settled in USDC

eBUILDBuilt Environment

Infrastructure & Real Assets

The physical economy in transition — construction technology, advanced manufacturing, robotics and the materials and infrastructure underpinning it.

  • Construction tech
  • Advanced manufacturing
  • Robotics & materials

EBUILD-01 · In design · Settled in USDC

eENTContent & Platforms

Media & Entertainment

Content, platforms, gaming and interactive media shaping how the world creates, distributes and consumes entertainment.

  • Content & IP
  • Platforms
  • Interactive media

EENT-01 · In design · Settled in USDC

eAEROFrontier & Defence

Aerospace & Defence

Space, aviation, autonomy and defence technology operating at the frontier of commercial and national capability.

  • Space & launch
  • Aviation & autonomy
  • Defence technology

EAERO-01 · In design · Settled in USDC

How baskets are constructed

Methodology first. The number is an output of the document.

A thematic label is easy; a defensible methodology is the work. Every basket is being designed to the same discipline, so that a risk team can reconstruct how we got to a value — and challenge it.

Rules-based inclusion

Each basket starts from a written, versioned methodology: what qualifies, what does not, and how constituents change. If a theme cannot be defined tightly, it does not ship.

Transparent reference values

Net asset value is designed to be methodology-driven and reportable — with explicit disclosure of update cadence, data sources and tracking limitations.

Conservative by default

Exposure caps, volatility guardrails and pause conditions are set conservatively at launch and widened only with evidence and formal review.

Detailed methodology documents, constituent rules and risk parameters are made available to qualifying institutions as part of diligence. The product set described here is planned, in design, and subject to regulatory gating — nothing on this page is an offer or an invitation to invest.

Let’s talk about your mandate.

We are speaking with family offices, asset managers, treasuries and sovereign-linked institutions ahead of launch. Tell us what you are looking to access and we will be in touch.