A par-issued, parametric-insurance-wrapped cooperative credit unit — backed by audited carbon, data, and industrial yield.

Investor-Member capital sits in a separately constituted vehicle under D.C. Title 29 Ch. 10 (Limited Cooperative Association). Return profile is a Subchapter-T-compliant capped patronage allocation, with optional upside via 1:1 par convertibility to Treasury IC at the federal program launch.

Three entities, one operating system

Two D.C.-chartered cooperatives plus a separately chartered fiduciary trust. The General Cooperative Association (GCA) holds the standards-body role and majority patron-units in the operating LCA, preserving Subchapter T cooperative purity. The Limited Cooperative Association (LCA) is the operating vehicle that hosts the nine patron classes and the bounded founding-round Investor-Member sleeve. The Data Trust is a separately governed sub-trust that holds licensed-in member IP and data assets.

What you are buying, in one paragraph

Founding-round Investor-Member units in the LCA. Return is capped per the IRC §§ 1381–1388 (Subchapter T) capital-subordination principle — patronage dividends are paid first, then investor cap, then trust retention, then carry-forward. Hold period is target [N] years. Redemption is via two pathways: (1) the 1:1 par convertibility event when the federal Innovation Credit program lives (the upside thesis), and (2) a secondary-market wrapper via the cooperative's tokenization partner (the floor).

What you are NOT buying:a guarantee of Treasury IC convertibility. That is a roadmap commitment, not an operational feature. The cooperative is structured to be commercially viable on its own track. The Treasury bridge is the upside; the cooperative's patronage cash flow + HAE-eligible Data Trust collateral is the floor.

What “Treasury IC convertibility” actually unlocks

The Treasury bridge is one element of the par-event handoff. The cooperative also pre-stages the rails for three additional federal-endpoint use cases — each represents independent upside that lands at the same par event. The cooperative does not claim any of these as Year-1 deliverables; each is the cooperative-stage substrate Treasury inherits.

Request the data room

Light gate: name, firm, AUM bracket, accredited-investor self-cert. Returns the PPM-equivalent doc, capital stack diagram, founders bios, executed/pending material contracts list (titles only), and counsel-of-record contact via signed link.