$BRICS Structured Credit Offering Memorandum
AI-Enabled Stablecoin Backed by Sovereign-Guaranteed Receivables from Tier 1 BRICS Banks
CONFIDENTIAL – NOT FOR PUBLIC DISTRIBUTION
Issuer
BRICS Ninja Financial Services Licensed Financial Services Provider (FSP #52815) Regulated under the Financial Advisory and Intermediary Services (FAIS) Act Registered under the Co-operative Banks Act Headquartered in Johannesburg, South Africa
Legal & Regulatory Oversight
Prudential Authority of South Africa
South African Reserve Bank
National Treasury of South Africa
Financial Sector Conduct Authority (FSCA)
Offering Type
Tokenized Super-Senior Synthetic Credit Note Issued in the form of a stablecoin ($BRICS) on Ethereum Backed by short-dated receivables from Tier 1 BRICS-region banks Structured in accordance with Basel III Significant Risk Transfer (SRT) framework
Use of Proceeds
This offering enables synthetic risk transfer from regulated banks to the blockchain, unlocking capital for real-economy lending across the Global South. $BRICS holders earn yield from CDS premiums, while benefiting from overcollateralization, AI-based credit modeling, and a $500M sovereign guarantee.
Eligible Investor Class
Qualified Institutional Buyers (QIBs), Regulated Credit Funds, and Accredited On-Chain Participants Redemptions restricted to KYC-verified wallets in accordance with AML regulations
Distribution & Participation
Token Format: ERC-20 stablecoin ($BRICS)
Yield: Distributed monthly via stablecoin (e.g. USDC)
Minimum Participation: $10,000 USD equivalent
Redemption: Monthly burn-to-claim process; pro rata during oversubscription
Disclosures
This document is not an offer to sell or a solicitation of an offer to buy securities in any jurisdiction where such activity would be unlawful. Participation is subject to regulatory eligibility and carries material risks, including credit, sovereign, and protocol risk. Please review all sections and appendices before investing.