What the Global Trade Marketplace is
The Global Trade Marketplace is the matching layer between operators who have working capital needs against verified trade and institutional capital looking for verified trade exposure. It sits on top of the EDMA L2 settlement rail: orders flow in from operators running TradeOS, financiers browse and price with operational signals visible before any identity reveals, and capital flows to the right deal under two-step disclosure.
Most marketplaces match counterparties on stated facts: company size, revenue band, asset class, sector. The Global Trade Marketplace matches on operational truth: on-time delivery rate, document quality, dispute history, payment cycle, supplier reliability. These signals come straight out of TradeOS as a side effect of running the business, hashed and attestor-signed for audit. Financiers price risk on data they can independently verify; operators get capital priced on operational reality, not bank-relationship history.
Underneath the matching layer sits the rail. When a deal funds, the buyer commits EDSD into escrow, and four canonical milestones gate the tranched release: On-Board, Customs, Delivered, Arrival/QA. Each milestone PASS mints an EMT, fires settleTrancheOnPass, deducts the 0.5% protocol fee, burns 50% of it in $EDM, and unlocks the tranche. No EMT, no funds. Same evidence cannot finalise twice. Must-fund before shipping. Detail on the rail mechanics lives on the Settlement page; the six pages in this series cover the marketplace layer.
Who is on the marketplace
- List orders from the TradeOS Orders module with one click; the operational signal pack attaches automatically
- Compare signed offers privately: rate, advance %, tenor, covenants. No financier sees what another quoted
- Accept one offer; the rail handles everything from buyer EDSD commit through final tranche release
- Receive repayments automatically per milestone PASS. No chasing, no invoices, no month-end reconciliation
- Anonymises listings so financiers can see operational truth without operator names
- Runs two-step disclosure: identity reveals simultaneously to both sides only on operator approval
- Surfaces operational signals with full drill-down to the attestor evidence trail
- Never trades against participants; never sells deal flow data; never rank-orders by who pays the most
- Browse with signals visible pre-disclosure: corridor, value band, tenor, six operational signals, financing structure
- Express interest with an indicative profile; identity stays hidden until the operator approves
- Submit signed offers privately; the competitive wall protects pricing from poaching
- Earn repayments per milestone PASS with seconds-latency; webhooks fire to ERP and treasury systems
Where it sits in the EDMA stack
Three columns of the Global Trade menu lay out the full picture. TradeOS produces the operational data: every order, every shipment, every QC inspection, every customs filing, every dispute. As operators run TradeOS, they generate the signal pack that powers underwriting.
The Global Trade Marketplace (this series) is the matching layer that connects operators with working capital needs to financiers with mandates. The marketplace anonymises listings, surfaces operational signals, runs the two-step disclosure flow, and routes accepted offers into the rail.
Settlement is the rail underneath. EDSD must-fund, four canonical milestones, EMT minting per PASS, 50% burn on every fee, Locked EDSD swept to short-dated T-bills, Receipt v1 with PoV hash and burn hash. The Marketplace tells you who fits with whom; the Settlement page tells you what the rail actually does once they commit.
TradeOS
Sourcing · Manufacturers · Production · Shipments · Finance · Docs
Where verified events are produced.
Trade Marketplace
Listings · Two-step disclosure · Operational signals · Offers
Where deals discover capital.
Settlement
EDSD stablecoin · EMT milestone tokens · PoV consensus on Ethereum L2
Where verified events become payment.
What this series covers
Six dedicated pages follow this overview. How a deal flows walks the full lifecycle end-to-end with a $100K worked example and the on-chain transaction sequence. Two-step disclosure covers what is and isn’t visible before identity reveal, and why the wall exists. Operational signals details the six core signals financiers price against and how they’re computed.
Then three perspective pages: For operators covers list, compare, accept, repay. For financiers covers browse, price, fund, exit. Fees and $EDM burn covers the 0.5% per-milestone settlement fee with per-tranche caps, the 0.25% marketplace tier fee, and the 50% burn mechanic that contracts $EDM supply on every deal.
Where it stands today
The EDMA L2 mainnet went live on May 16, 2026 with the settlement rail (EDSD, EMTs, PoV Gate, One-Claim Ledger, 50% burn) in production. The Global Trade Marketplace launches in Stage 3 of the EDMA roadmap (Nov 2026 – Jan 2027), when the marketplace MVP (Weeks 10–12 of the L2 build) ships alongside the $EDM exchange listing.
v1 of the marketplace runs the matching layer with bilateral money flow off-platform and a 0.25% marketplace tier fee collected through an accrual ledger with monthly billing. v2 transitions the money flow on-chain via EDSD settlement, eliminating collection friction. The v1 architecture is forward-compatible with v2 with no retrofit. The Financier Portal of TradeOS is the customer-side surface for financiers; the rail is shared with the operator-side TradeOS Orders module.
