Legal

Digital Asset Disclosure

Structural information about how Northlight Capital treats digital assets, separate from the risks discussed in our Risk Disclosure.

This Digital Asset Disclosure is a working draft prepared for the Northlight Capital platform prototype. It must be reviewed, completed, and approved by qualified legal and compliance counsel — including confirmation of the firm's actual custody model — before being relied upon or published for actual clients.

Nature of digital assets

Digital assets are not legal tender, are not backed by any government, and are not FDIC- or SIPC-insured unless explicitly stated otherwise by an applicable custodian or provider. [CUSTODIAN NAME].

How Northlight Capital handles digital assets

[Placeholder — describe the firm's actual custody model (self-custody, qualified custodian, exchange-held, or other arrangement) once finalized. This section must accurately reflect how client assets are actually held.] [CUSTODIAN NAME].

No insurance or guarantee

Unless explicitly stated in writing for a specific account or custodian relationship, digital assets held or managed through Northlight Capital are not insured against loss, theft, or market decline.

Valuation

Digital asset valuations shown on this platform are based on [Placeholder — pricing source and methodology to be specified] and may not reflect the price at which an asset could actually be bought or sold at a given time.

Network and protocol dependency

Digital assets depend on the continued operation of their underlying networks and protocols, which are not controlled or guaranteed by Northlight Capital.

Related disclosures

For a full discussion of the risks associated with digital assets, see our Risk Disclosure.