Institutional Green Inventory Finance Protocol

Structured liquidity for green assets not intended for immediate sale.

A structured liquidity solution for family offices, institutions, and green asset holders seeking capital efficiency without forced disposal of strategic inventory.

Green bonds Verified & tokenized RECs Warehoused green inventory Asset-specific underwriting
The Problem

Strategic green inventory holds value — but rarely provides liquidity when it is needed.

Holders of warehoused green assets routinely face cash-flow pressure or capital-efficiency objectives without an acceptable path to liquidity. The conventional options each carry a cost.

01

Selling means losing position

Disposing of strategic inventory to raise cash sacrifices long-term exposure, mandate alignment, and any future appreciation in the underlying asset.

02

Thin, discount-driven markets

Secondary markets for green bonds and RECs are shallow. A forced sale typically clears at a discount that does not reflect the asset's intrinsic or strategic value.

03

Conventional collateral frameworks exclude green paper

Bank lending and traditional credit lines seldom recognise green inventory as eligible collateral, leaving otherwise strong balance sheets without secured access to liquidity.

Who It Is For

Built for institutional holders of green inventory.

The protocol is designed for sophisticated holders who treat green assets as strategic inventory rather than short-term trading positions.

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Family offices

Holders seeking capital efficiency across a long-horizon portfolio without realising green positions prematurely.

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Institutions

Balance-sheet holders facing periodic cash-flow requirements while maintaining ESG and mandate commitments.

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Asset managers

Managers seeking to free working capital against held inventory while preserving fund-level exposure.

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Green asset holders

Issuers and acquirers of green bonds and RECs that view the underlying as a long-term strategic holding.

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Holders of warehoused inventory

Parties already holding verified, registry-resident green inventory and seeking liquidity against it.

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Capital-efficiency mandates

Treasuries and allocators with a defined need to improve capital efficiency without forced disposal.

Eligible Asset Classes

Asset-specific underwriting — not a single collateral bucket.

Eligibility, advance rates, and controls are assessed per asset class. Green bonds and verified or tokenized RECs are not treated as identical collateral; each is underwritten on its own characteristics.

CLASS A

Green bonds

Underwritten on issuer credit, maturity profile, covenant terms, and registry standing. Structured with bond-specific control and valuation parameters.

Credit-led underwriting
CLASS B

Verified RECs

Renewable energy certificates with confirmed registry verification and provenance. Assessed on technology, vintage, jurisdiction, and registry custody.

Provenance-led underwriting
CLASS C

Tokenized RECs

Tokenized certificates evaluated separately from verified registry RECs, with additional checks on token integrity, custody, and on-chain control.

Custody-led underwriting
How It Works

A structured path from held inventory to secured liquidity.

Eligible holders pledge qualified green assets into a structured collateral framework and access liquidity through the protocol — while retaining strategic exposure to the underlying.

1

Eligibility & underwriting

Submit the asset for review. Each class is underwritten on its own terms, with asset-specific valuation and control parameters established up front.

2

Pledge into the collateral framework

Qualified assets are pledged into a structured collateral framework, held under defined custody and control arrangements.

3

Secured access to liquidity

Liquidity is made available through the protocol against the pledged collateral, denominated and settled using MGW within the framework.

4

Preserve strategic exposure

The underlying inventory remains pledged rather than sold, so the holder retains long-term exposure and the right to reclaim the asset on settlement.

5

Settlement & release

On repayment under the agreed terms, the collateral is released back to the holder in full, subject to the structure's parameters.

Why It Is Different From Selling

Liquidity without disposal.

The protocol is designed around a single distinction: raising capital against strategic inventory rather than parting with it.

Selling the asset

Strategic exposure is permanently surrendered.
Execution often occurs at a discount in thin markets.
May conflict with ESG mandates or long-term allocation.
No path to participate in future appreciation.

Structured liquidity with Viridis

Strategic inventory is pledged, not disposed of.
Secured access to liquidity against the held asset.
Mandate and long-term allocation remain intact.
Collateral is reclaimable on settlement under agreed terms.
Institutional Risk Controls

An institutional collateral framework — controlled at every layer.

Liquidity is extended within a disciplined, asset-aware control framework rather than a generalised lending pool.

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Asset-specific underwriting. Green bonds and verified or tokenized RECs are assessed independently, each with its own valuation, advance, and control parameters.

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Defined custody & control. Pledged collateral is held under structured custody and control arrangements throughout the term.

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Conservative advance rates. Liquidity is sized against asset class, quality, and registry standing to maintain collateral coverage.

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Registry & provenance verification. Verification of registry standing and provenance is a precondition of eligibility for REC collateral.

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Structured, documented terms. Each facility is governed by defined settlement, release, and default parameters agreed in advance.

Use Cases

Capital efficiency, applied.

Common applications of structured liquidity against green inventory. Downstream strategy deployment is an optional use case, not the basis of the protocol.

USE CASE

Cash-flow bridging

Meet near-term cash-flow requirements without disposing of strategic green inventory or disrupting long-term allocation.

USE CASE

Capital efficiency

Free working capital held against warehoused inventory, improving balance-sheet efficiency while retaining exposure.

USE CASE

Inventory financing

Finance the carrying cost of warehoused green assets through to a preferred future disposal date.

OPTIONAL

Strategy deployment

For holders who choose to, accessed liquidity may subsequently be deployed into separate strategies. This is an optional downstream use case and is undertaken independently of the collateral facility.

Discuss a Structure

Assess eligibility for your green inventory.

Tell us what you hold. If it qualifies, our desk responds with an eligibility assessment and an indicative structure — typically within one business day.

Confidential. No obligation.
The bottom line

Your green inventory is strategic — and selling it to raise cash means losing position at the worst possible time. Viridis offers structured liquidity against qualified green assets through an institutional collateral framework, so you preserve strategic exposure while securing access to capital. Capital efficiency, without forced disposal.