The Marketplace for financiers

What you get

Pre-vetted deal flow priced on operational data, not relationship history. Each listing carries a full operational signal pack visible before any identity reveal; you see what you're underwriting before you commit. Two-step disclosure protects you from poaching during due diligence: until the operator approves your interest, your mandate and references are invisible to competitors.

Once you fund, exposure is milestone-gated: every release requires a PoV PASS plus an EMT, both posted on-chain with a burn hash and an auditable evidence trail. You are not extending credit on a paper LC and hoping the docs match; you are extending capital against shipments that the rail will only release on verified proof. Repayments flow automatically per milestone; no chasing, no manual reconciliation, no month-end firedrills.

Browse with signals

Filter the marketplace by corridor, value band, tenor, sector, currency, requested advance %. Each listing surfaces the six operational signals (supplier reliability, payment history, dispute rate, fulfillment cycle, document quality, operational maturity) plus the financing structure requested. Each signal traces back to the attestor evidence trail; you can drill from a 94% reliability score to the specific orders, milestones, and attestor signatures that produced it.

Identity stays hidden at this stage. You can build a watchlist, set alerts when new listings match your mandate, and benchmark a deal against your existing portfolio without revealing anything to the operator. You see the deal, the data, and the corridor; you do not see the name until the operator approves disclosure.

Express interest and disclose

When a deal fits, tap Interest. The marketplace requires an indicative profile from you: mandate (corridors, value bands, sectors), capital availability, prior trading on EDMA, references from operators you've funded. This is what the operator sees in the shortlist; your identity remains hidden until the operator approves disclosure.

If the operator approves, identity reveals simultaneously to both sides. You see the operator's full KYB profile, the counterparty identities, the order details, the corridor specifics. The operator sees yours. Other shortlisted financiers (approved or not) cannot see who else was approved or what was eventually offered; the wall protects you from auction signaling.

Offer and fund

Submit a signed offer: rate, advance %, tenor, covenants, timeline, currency. Your offer is private to the operator; no other financier sees what you quoted. The operator picks one offer based on whatever criteria matter to them; you are notified of acceptance or rejection without seeing competing quotes.

On acceptance, you fund. In v1, the wire is bilateral; in v2, the funding is on-chain via EDSD with the smart contract escrowing per milestone. The buyer commits the EDSD into the deal escrow; the Pre-Ship EMT mints; the deal enters milestone tracking. From this point the rail handles everything.

Earn repayments

Each milestone PASS fires settleTrancheOnPass, which calculates the tranche, deducts the 0.5% protocol fee (capped per tranche), burns 50% of it in $EDM, unlocks the tranche, and routes the repayment to you per the contract terms. Latency from evidence submission to your account: seconds. Buyer review window is 0 to 4 hours (governed); after that the gate passes automatically if not blocked.

Every release emits webhooks your ERP/treasury system can consume: trade.milestone.passed, trade.release.posted (includes burn hash), fee.burn.posted, treasury.interest.accrued. Plus a Receipt v1 with PoV hash, claim_id, financial ledger, fee breakdown. The data is public on the explorer; the files behind the data are private and served via short-lived signed URLs.

Externally-sourced deals

If you already have an operator relationship and an active deal, you can run it through EDMA without using the Marketplace matching layer. Bring the counterparties, bring the pricing; get the operational tracking infrastructure. The milestone settlement, the EMT minting, the PoV Gate, the Receipt generation, the Proof-of-Reserves on Locked EDSD: all available without the 0.25% marketplace fee.

Your portfolio dashboard tracks externally-sourced and marketplace-matched deals in one view. Same operational signals, same evidence trail, same webhooks, same receipts. The rail does not care how the deal was originated; it cares that the proof is real and the rules are enforced.

Tiers and fees

v1 charges a 0.25% marketplace fee on financed principal, collected per repayment event, paid in EDSD or fiat through a monthly accrual ledger. v2 collects the same fee on-chain at the EDSD settlement event with no manual reconciliation. Externally-sourced deals carry no marketplace fee at either version; the rail infrastructure is free to use for deals you originated.

Subscription tiers add operational features rather than discount the fee: Standard (browse, basic alerts, portfolio dashboard), Pro (mandate matching, signal-based filtering, custom reporting), Enterprise (allocation tools, dedicated mandate slots, API access, white-label disclosure receipts). Fees and 50% burn details: Fees and $EDM burn.

Where it stands today

Financier-side surface launches with the Marketplace MVP in Stage 3 (Nov 2026 – Jan 2027) alongside the operator-side. The Financier Portal of TradeOS is the customer-side interface; financiers can also integrate via API for portfolio-system consumption. v1 ships with the full Marketplace flow plus externally-sourced deal tracking; v2 adds on-chain settlement, on-chain disclosure receipts, and signal-based alerting.