CCPCT - Coral Cove Private Credit Token

About CCPCT

Coral Cove Private Credit Token gives access to a diversified portfolio of high-quality private, asset-backed loans which has normally only been available to large institutional clients. The Coral Cove Private Credit AMC provides clients an opportunity to track the performance of the Coral Cove Private Credit Strategy.

CCPCT

≈ 8% APY

Available on

Eligibility	Open to all customers of the issuing entity and RainFin users.	This product is only offered globally.
Underlying Assets	Class A2 Shares of Coral Cove Private Credit Fund.	CCPCT is backed by Class A2 Shares of Coral Cove Private Credit Fund
Transferability	Freely Transferable.	After depositing USDC funds a user will receive their USDx token in their wallet, the USDx token can be used to swap for the CCPCT Token. The CCPCT token is immediately available to transfer once received.
Liquidity	On-Demand
Token Issuer	Coral Cove Private Credit En Commandite partnership.	RainFin is a licensed financial services provider that creates innovative financial services and offerings including peer to peer trading and credit marketplaces as well as tokenised financial instruments.
Legal Structure	En Commandite Partnership.	CCPCT is a Class A2 Shares of Coral Cove Private Credit Fund interest bearing token issued by RainFin Pty Ltd.
Use Cases	Rebase Tokens tracking underlying Index.	CCPCT is a high yield Class A2 Shares of Coral Cove Private Credit Fund targetting a ± 8% yield per annum. CCPCT tokens can be swapped for other tokens on the platform.
Website	View Website

Token Overview

CCPCT Token Cost

100 USD

Minimum Purchase

1 USDx

Minimum Redemption

1 USDx

Purchase Frequency

24/7

Redemption Frequency

24/7

Yield and Fees

CCPCT has a targetted yield of ± 8% per annum, which is updated monthly.

CCPCT is a Rebase token, meaning it is not an inflationtionary but rather the Net Asset Value (NAV) price increases over time per unit.

Participants

Issuer

RainFin

Asset Manager

CAEP

Network

XCAP

Asset

Class A2 Shares of Coral Cove Private Credit Fund

Secured Collateral

CCPCT is secured by Class A2 Shares of Coral Cove Private Credit Fund.

Tokenization - En Commandite Partnership legal flow per subscription

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