WEBVTT
Kind: captions
Language: en

intro
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A tokenized fund taking subscriptions and paying redemptions. Illustrative scenario. One person, one agent. One record of who checked, approved and paid.

h1
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<v person>A qualified investor browses the tokenized fund.
[Browse: checked by investor]

a1
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<v agent>An investor's treasury agent intends to subscribe. It prices first; nothing is submitted.
[Intent: checked by agent]

h2
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<v person>The investor subscribes by wire. The fund calls insimbi; recorded.
[Pay: checked by insimbi API (token); recorded by insimbi audit record]

a2
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<v agent>insimbi checks the agent's mandate and the holder's eligibility. Recorded.
[Policy check: checked by mandate + holder screening; recorded by insimbi record]

a3
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<v agent>The fund returns an x402-style request in a dollar stablecoin. The agent signs a retry.
[Pay request: checked by agent wallet]

h3
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<v person>insimbi checks the holder's eligibility before accepting funds.
[Approve: checked by holder screening; approved by fund operations; recorded by insimbi record]

a4
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<v agent>Above the threshold, a person at the investor approves the subscription.
[Approval: checked by rules check; approved by operator (a person); recorded by insimbi record]

i1
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<v insimbi>Person or agent, insimbi applies the same rules and keeps one record.
[Transaction: checked by rules; recorded by insimbi record]

i2
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<v insimbi>Rails per holder instruction: wire, or a dollar stablecoin via a regulated partner.
[Rail: checked by facilitator verify; recorded by insimbi record]

i3
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<v insimbi>Both settle. Redemptions and distributions later go out the same way.
[Settle: checked by rail; recorded by insimbi record]

i4
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<v insimbi>Each cash movement matches a register entry. Mismatches go to the exception queue.
[Record: checked by register matching; approved by fund ops, operator; recorded by insimbi record]

end
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insimbi curates the right transaction, rails and record for every value movement. insimbi.net