Governance & Compliance Framework
The success of any asset‑backed token depends not just on technology but on sound governance and regulatory adherence. From our inception, Nubia has prioritised compliance, transparency and accountability. This section outlines how we structure our legal vehicles, meet regulatory obligations and maintain oversight.
Special Purpose Vehicle (SPV)
Our gold reserves are held through an SPV domiciled in the Abu Dhabi Global Market (ADGM). This structure isolates custody assets from Nubia’s operating risk. The SPV’s board includes independent directors with fiduciary responsibilities. They oversee the issuance and redemption of tokens, ensure compliance with local rules and manage relationships with custodians.
The SPV holds the legal title to the gold and signs custody agreements with vault providers. It also contracts auditors to verify reserves. The separation of the SPV from our operating company means that if Nubia Technologies Inc. faced operational issues, token holders would still have claims on the assets held by the SPV.
ADGM & VARA Alignment
The Abu Dhabi Global Market and Dubai’s Virtual Assets Regulatory Authority are among the most forward‑thinking regulators in the world when it comes to virtual assets. ADGM has published guidelines for digital asset custody and token issuance, emphasising segregation of client assets and clear redemption rights. VARA has developed a Virtual Assets and Related Activities regulation that sets out licensing regimes for brokers, custodians and issuers.
We operate within these frameworks. This means that our systems undergo audits, risk assessments and compliance checks. It also implies that we adhere to anti‑money laundering (AML) and know your customer (KYC) procedures. For clients, this translates into a rigorous onboarding process but also ensures that our ecosystem is safe from illicit activity.
Governance Practices
Governance is more than legal structures; it’s about processes. Nubia maintains clear protocols for decision‑making, conflict management and stakeholder communication. Our governance practices include:
- Board Oversight: An independent committee reviews major operational decisions, including new custodians, changes to smart contracts and amendments to redemption policies.
- Community Consultation: We solicit feedback from token holders and partners before making substantial changes. Proposed upgrades to smart contracts or fee structures are published in advance for comment.
- Transparency Reporting: We provide quarterly reports on reserves, audits, yield performance and risk metrics. These reports are accessible to all stakeholders and summarised on our website.
Legal Disclaimers
NUBX and NUBX‑Y are currently under regulatory review and are not offered for retail purchase. Our products are available only to qualified institutional and accredited investors. Nothing in our materials constitutes investment advice or an offer to buy or sell securities. All participants must consult with professional advisers and comply with laws in their jurisdictions. We reserve the right to modify our frameworks as regulations evolve.
By adhering to these practices, we build trust with regulators, investors and the public. Governance is a continuous journey; we remain committed to adapting and improving our oversight as the ecosystem matures.