Regulatory framework
Structured for global compliance.
A five-entity Maltese architecture where each component sits in the right regulatory home for its function: Foundation oversight, Capital as flagship, Mint as MICA token issuer, Custody as multi-asset reserves vault, and Ventures as the VC arm.
Architecture
Five entities. One Maltese architecture.
Safa Global Foundation
Malta · Maltese private purpose foundation (Second Schedule)
Being established under the Maltese Civil Code Second Schedule (Act XIII of 2007). Independent oversight body with Reserved Matter consent rights over the operating arms. Houses the binding Shariah Advisory Board. Future redomicile to Switzerland contemplated upon institutional maturity.
Safa Global Capital
Malta · EU MiFID II + Prospectus Regulation
Being established under the Malta Financial Services Authority (MFSA) framework, with planned issuance under EU Prospectus Regulation private-placement exemptions. Malta is positioning as the EU jurisdiction for Sukuk-style asset-backed certificates following the MFSA Sukuk consultation closed August 2025.
Safa Global Mint
Malta · EU MICA, Asset-Referenced Token
In preparation as the MICA Asset-Referenced Token issuer for STAC. Operates with central-bank-style technocratic independence on monetary actions; binding token voting on STAC whitepaper amendments under MICA Article 18.
Safa Global Custody
Malta · MICA Crypto-Asset Service Provider, Class 2
In preparation as a Maltese CASP Class 2 entity for multi-asset crypto custody including STAC reserves. Bank-like fiduciary separation from Mint and Capital, with cold-storage and proof-of-reserves attestations.
Safa Global Ventures
Malta · AIFMD or equivalent, in preparation
The venture creation engine, being consolidated in Malta under the AIFMD regime (or alternative pathway). Manages the Excellence Fund, currently $80M Strategic Platform Valuation across 13 operating companies. Mandate set by Members at SGC level; deal-level decisions within the LP-fund mechanics.
Operating principles
How we approach distribution.
Private placement only
Future offerings will be conducted as private placements, limited to qualified, professional, or accredited investors in jurisdictions where such offerings are lawful. No retail public offering.
Substance over form
STAC is structured as a transferable security under MiFID II, not a stablecoin, not a utility token, not an unregulated cryptoasset. Sukuk-style asset-backing is the load-bearing structural property.
Jurisdiction-respecting distribution
Each lender / subscriber participates under their own home-jurisdiction private-placement exemption. Reverse-solicitation acknowledgements where applicable. No general solicitation to the public.
Layered AML
KYC, source of funds, source of wealth, sanctions screening, and politically-exposed-person checks at admission. Ongoing monitoring per FATF guidance.
Standards reference
Aligned to recognized international frameworks.
Read the offering documents when they're ready.
Full regulatory and offering documentation will be made available to admitted Founders Society members and qualified investors as Malta entity formation completes.
Apply to Safa Global Society