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Series 2026-A · Reg D 506(c) · Senior Unsecured

Fixed-Yield
Note.

5 min read · Debt instrument · 365-day term

Senior unsecured corporate debt. 15% fixed simple yield, 365-day term. Issued by BettorToken Financing LLC, a dedicated Delaware entity. Repayment at maturity is contractual and absolute — not contingent on platform performance. For investors who want certainty over upside.

A one-year loan to the Company. You lend $1M+, the Company pays back your principal plus 15% at the end of 365 days. There's no collateral — you're trusting the Company to pay. The obligation is contractual, not tied to how the platform performs. This is a debt instrument, not an equity stake.

Note · Key Terms
Fixed Yield15%
Term to Maturity365d
Minimum$1M
RankingSenior Unsecured
IssuerBettorToken Financing LLC
Governing LawDelaware
Instrument Specimen

A formal corporate note —
not a token.

The Fixed-Yield Note is issued as a senior unsecured corporate debt instrument under Reg D 506(c). It is not a digital asset, not a token, and not transferable. The specimen at right is a visual representation of the instrument — the executed Note delivered to investors at closing carries the same structural elements: serial number, issuer attestation, principal terms, and authorized signature.

SERIES
2026-A · Senior Unsecured Notes of BettorToken Financing LLC
FORM
Registered, non-certificated, recorded in the company register
EXECUTION
DocuSign with audit trail · Note Purchase Agreement & Form of Note
· BETTORTOKEN FINANCING LLC ·
Fixed-Yield Note
Series 2026-A · Senior Unsecured
YIELD
15%
TERM
365d
MIN
$1M
BT
FYN · Specimen
Drag to rotate

Illustrative representation. Definitive instrument terms are governed by the Note Purchase Agreement and Form of Note delivered to investors under NDA.

Fixed Yield
15%
Simple interest · Paid at maturity · Balloon payment of 115% of principal
Days to Maturity
365
Single-term bullet structure · Not convertible · Not early-redeemable at holder option
Minimum
$1M
Senior unsecured · Reg D 506(c) · Accredited investors only
Structure Overview

An absolute contractual obligation — not a performance-linked product.

A fixed contractual return — not tied to how the platform performs.

The BettorToken Fixed-Yield Note is a senior unsecured corporate debt instrument. The Company's obligation to pay principal plus 15% fixed yield at maturity is contractual and absolute — independent of platform operational outcomes. The Company bears performance risk above the 15% spread.

Think of this as a one-year corporate loan. You lend money, the Company contractually owes you back your principal plus 15% in exactly 365 days. It doesn't matter how well or poorly the platform performs — the Company has to pay you. The Company takes on the operational risk; you take on the Company's credit risk.

01 · Structural

Absolute contractual yield

The Company's obligation to pay 115% of principal at Maturity is fixed and contractual. Not contingent on platform performance. The Company bears operational risk above the 15% spread; the investor bears the Company's unsecured credit risk.

02 · Institutional

Institutional-grade documentation

Full Note Purchase Agreement with negative covenants, narrow Events of Default, and investor protections. Form of Note. Risk Disclosure Document. Subscription Agreement. Executed via DocuSign with institutional audit trail.

03 · Regulatory

Rule 506(c) safe harbor

All investors verified accredited by third-party service meeting Rule 506(c) safe-harbor requirements. Rule 144 restricted securities; transferability is restricted and requires Company consent.

04 · Issuer

Dedicated Delaware issuer

BettorToken Financing LLC is a Delaware limited liability company established as a dedicated debt-capital entity. Structurally separate from the Company's operating activities, with an appropriate governance framework.

What Could Go Wrong

Honest risk disclosure for the Fixed-Yield Note.

  • The Company could default. The FYN is a senior unsecured obligation. There is no collateral. If BettorToken Financing LLC becomes insolvent or unable to pay, you could lose all of your principal.
  • Past payments do not guarantee future ones. The Company's ability to pay depends on its ongoing operating performance, capital position, and the broader regulatory environment. Conditions can change.
  • Limited liquidity. The Note is held to maturity (365 days). There is no secondary market. You cannot exit early without Company consent, and consent is not guaranteed.
  • Concentration risk. The FYN is exposure to a single private company in a single category. It should never be a meaningful percentage of your overall portfolio.

Full risk factors are set forth in the Offering Memorandum and Risk Disclosure Document. Allocators should review with their legal, tax, and financial advisors before committing capital.

Definitive Terms

Terms summary.
Definitive terms in offering documents.

The following is a summary. Definitive offering terms are contained in the Note Purchase Agreement, the Form of Note, and the Risk Disclosure Document — all shared with verified accredited investors under NDA.

Issuer
BettorToken Financing LLC (Delaware)
Instrument
Senior Unsecured Note
Fixed Yield
15% simple interest at Maturity
Maturity Payment
Principal + 15% = 115% of Principal
Term
365 days
Deferral
Up to 60-day Grace Period (17% annualized)
Default Rate
20% per annum after Event of Default
Ranking
Senior unsecured, pari passu
Convertibility
Not convertible
Investor Redemption
Not redeemable at Holder option
Transferability
Restricted, Company consent required
Minimum Subscription
$1,000,000
Offering Exemption
Rule 506(c) of Regulation D
Investor Verification
Third-party Rule 506(c) safe-harbor verification
Use of Proceeds
General corporate purposes · Operations · Platform development · Working capital
Governing Law
Delaware
Process

How subscription works.

From first qualification conversation to funded position — typically four to eight weeks depending on the prospect's internal review cadence.

STEP 01

Qualification & NDA

Initial qualification conversation. Execute NDA. Receive diligence package appropriate to your allocator profile.

STEP 02

Diligence Review

Review the Offering Memorandum, Note Purchase Agreement, Form of Note, Risk Disclosure, and Subscription Agreement. Substantive diligence conversation with Company leadership.

STEP 03

Accreditation

Third-party accredited-investor verification meeting Rule 506(c) safe-harbor requirements. Supplementary diligence at your discretion (legal, tax, operational).

STEP 04

Documentation

Execute the Note Purchase Agreement and Subscription Agreement via DocuSign. Institutional audit trail maintained throughout.

STEP 05

Funding

USD wire-transfer funding to the issuer. Escrow or direct funding per the terms of your Subscription Agreement.

STEP 06

Note Issued

Note is issued within 10 Business Days of funding. 365-day term begins. Maturity payment of 115% of principal at end of term.

Honest Risk · How This Could Fail

What you'd actually be lending into.

FYN is a senior unsecured corporate loan. Every "what if" we'd ask in your shoes is below — written plainly, not buried in the offering memo.

Issuer credit risk

FYN is unsecured. If BettorToken Financing LLC cannot meet its obligation at maturity, you have a claim against the issuer's assets — not collateral, not a guaranty from another entity. The 15% yield exists because the credit is not investment-grade.

Operating risk on the platform

FYN's repayment depends on the underlying business generating enough cash to service debt. If platform performance degrades materially over the 12-month term, the company's ability to repay could be impaired even with the discipline framework operating as designed.

Regulatory risk

U.S. sports wagering regulation is state-by-state and still maturing. A material adverse change in one or more states where we operate could narrow the addressable market or increase compliance cost in ways that affect operations.

Illiquidity

FYN is held to maturity. There is no secondary market and no early redemption right. If your liquidity profile changes during the 12 months, your capital is committed.

Total loss is possible

In a worst case — issuer insolvency, regulatory shutdown, fraud — recovery on an unsecured note could be zero. This risk is real, not theoretical, and it sits on every page of the offering documents.

We list these because investors who've thought about them are the ones we want. The full risk disclosures live in the Offering Memorandum, available under NDA in the data room.

Next Step

Qualify to receive the full FYN diligence package.

The Fixed-Yield Note is available only to verified accredited investors under the Rule 506(c) safe harbor.

System Status · Live
Operations All Systems Nominal
SPLT NAV Published · $1.0352
USPTO Non-Provisional in Progress
CPA Attestation Engagement Active