Platform · Edge Data Centers
Real-world compute infrastructure, on rails you can audit
Atlanta and Georgia edge data centers, hyperscaler-adjacent AI compute sites, and PPA-anchored bitcoin mining — every asset lives in a bankruptcy-remote Site SPE, every token is ERC-3643 permissioned, and every capital movement clears the compliance gate before it happens.
How does Unykorn structure an edge data-center deal?
Around a four-entity operating stack: Unykorn LLC provides the compliance rails, LD Capital LLC issues the securities under Reg D 506(c), FTH Trading operates the LDX secondary book, and a purpose-formed Site SPE owns the physical asset as a bankruptcy-remote borrower. This separation is what makes the deal financeable — every senior lender interfaces with a clean single-purpose entity, and the technology + markets entities never touch client capital.
What is the capital stack for a compute site?
| Layer | % of stack | Source |
|---|---|---|
| Sponsor equity | 5% | LD Capital LLC balance sheet |
| QROF cap-gains equity | 15-20% | Family offices via RIA channel + Reg D 506(c) via CrowdStreet / YieldStreet |
| USDA B&I subordinate | up to $25M | Live Oak / United Community + GLS-packaged. 80-85% federal guarantee. |
| GPU / hardware credit (on-chain) | 40-50% | USD.AI ($1.2B+ non-recourse GPU-backed) · Trad.Fi & W3 ($650M Avalanche) · Framework AI infra fund ($400M) |
| Equipment vendor financing | 10-15% | NVIDIA financing partner / vendor-direct |
What government programs apply?
Every rural Site SPE stacks the federal and Georgia programs deliberately: QROF 30% rural basis step-up (effective 2027) with a 50% substantial-improvement threshold (active now); USDA B&I Guaranteed Loan up to $25M with an 80-85% federal guarantee; storage §48E ITC at 30% through 2033; MACRS + 100% bonus depreciation (permanent post-January 19, 2025); Georgia Data Center Sales & Use Tax Exemption (HB 696 as extended, subject to SB 410 repeal risk); Georgia Job Tax Credit tiered by county; and the Territorial Act large-load carve-out for premises over 900 kW.
Where do investors get liquidity?
Two paths, both non-custodial. On-chain: Site SPE tokens wrap as deRWA and supply to isolated lending markets on Morpho Blue, Aave Horizon RWA vaults, and Grove Basin — accredited holders borrow USDC without waiting for a secondary buyer. Off-chain: FTH Trading operates the LDX secondary book where verified accredited holders trade Site SPE tokens under Reg D 506(c) secondary rules.
Where can I see the full stack?
The GA-RWA-EDGE site at ga-rwa.unykorn.ai publishes the full deal book, funding-source map, government-program matrix, whitepaper, PPM template, and Phase 0 diligence pack. Accredited investors verify through Persona or Parallel Markets to access per-site financials and subscription documents.
Frequently asked
Are Site SPE tokens available to non-accredited investors?
No. Every offering is Reg D 506(c) — verified accredited investors only. Verification runs through Persona or Parallel Markets; self-certification is not accepted.
Who holds custody of the underlying assets?
The physical assets are held by the Site SPE (a bankruptcy-remote LLC). Tokenized senior notes and equity interests are custodied through BitGo Enterprise multi-signature vaults; the platform is never a sole custodian.
What determines whether a site qualifies for the QROF 30% rural step-up?
The OBBBA rural test: the tract has no city over 50,000 population and no urbanized-area contiguity. Every candidate site is screened against the test before an SPE forms. See ga-rwa.unykorn.ai for the site-screen checklist.