Research & insights

Research — original analysis, structure, and on-chain verification from root64.

Research

Bankruptcy remoteness: why root64 never touches investor funds

In root64's structure, the company that originates the loans never holds or controls investor money. The assets sit in a separate Korean SPC, and the cash moves through independent parties. Here is how that separation works, and why it matters.

Jun 19, 2026 · 8 min read

Research

How root64 calculates NAV: daily batches, forward pricing, and ECL provisioning

A methodology walkthrough of how root64 computes net asset value for its Korean loan pool — a once-daily batch, forward pricing for deposits and withdrawals, expected-credit-loss provisioning, and on-chain inputs an auditor can recompute. No live figures, just the method.

Jun 19, 2026 · 9 min read

Research

How stablecoin subscriptions flow into a Korean SPC

A global investor subscribes in stablecoins, but the underlying assets are won-denominated Korean loans. This walks through the designed money path — on/off-ramp, FX, and settlement — that connects a stablecoin subscription to a Korean SPC acquiring loan receivables, and what is live versus planned.

Jun 19, 2026 · 11 min read

Research

The redemption problem: liquidity design for non-redeemable loan assets

The loans underneath a private-credit fund run to maturity and cannot be called back early, yet investors want a way out. This is the core liquidity mismatch — and how a structure can be designed to manage it honestly instead of pretending it away.

Jun 19, 2026 · 10 min read

Research

Registration vs. verification: root64's multi-layer data verification model

On root64, the party that registers an asset is never the party that verifies it. This separation, and the on-chain record of every check, is what turns "data on a blockchain" into something an investor can actually trust.

Jun 19, 2026 · 9 min read

Research

Six structural barriers between global capital and Korean credit

Korean loan assets are hard for global capital to reach — not because of one rule, but because of six distinct structural barriers stacked on top of each other. Here is each one, why it exists, and how a transparency-first, offshore structure is designed to address it.

Jun 19, 2026 · 12 min read

Research

What happens when a Korean real-estate-secured loan defaults?

When a Korean real-estate-secured loan defaults, recovery runs through one of two collateral routes: court auction or sale of the non-performing loan. This deep dive walks through the default trigger, both recovery paths, the backup-servicer protection that keeps collection going if the servicer fails, and the historical collateral cushion behind root64's real-estate assets.

Jun 15, 2026 · 13 min read

Research

How securities-account-collateralized loans control risk: RMS, forced liquidation, and indemnification

Securities-account-collateralized loans (stock loans) are secured by a liquid, daily-priced collateral pool managed in real time by a third-party risk management system. Here is how the RMS, forced liquidation, and an indemnification layer work together to structurally lower credit loss — and where the risk still sits.

Jun 15, 2026 · 11 min read

Research

How root64 holds Korean loan assets: the bankruptcy-remote Korean SPC

root64's Korean loan assets are held by a Korean special-purpose company — a separate, bankruptcy-remote entity, not on 8percent's balance sheet. Here is how that structure protects investors, and what is planned on top of it.

Jun 12, 2026 · 5 min read

Research

How to read root64's on-chain proofs

A reader's guide to root64's transparency layer: what each on-chain record contains, how to read a cash-transaction entry and a verification result on a block explorer, and where the public explorer entry point will be published.

Jun 12, 2026 · 10 min read

Research

Transparency before tokenization: why root64 publishes proofs before issuing tokens

Most RWA platforms start by issuing a token. root64 starts by making the underlying assets independently verifiable on Ethereum — and only then tokenizes. Here is why the order matters.

Jun 12, 2026 · 7 min read