VERDANT EUROPE
VERDANT EUROPE Financial Model
1 Capital connected to the real economy
VERDANT EUROPE connects agricultural land, business finance and digital capital. Sales of APFC and VERDT tokens complement the long-term capital of SICAV. Funds are channelled through APF Malta into land and agricultural projects. Lease income, interest, services, land development and profit distributions are intended to generate recurring income for further development and contractual payments.
2 The role of each company
| APF AGRICULTURAL INVESTMENT LTD. | Manages the model, issues VERDT, distributes APFC and provides the central team. Net available token proceeds are lent to APF Malta. |
|---|---|
| APF Malta Real Estate Limited | The holding and financing centre. Holds land and equity interests and finances projects. Its intended income sources include interest, leases, services and profit distributions. |
| APF GROUP EUROPE SICAV P.L.C. | Pools long-term capital from qualifying investors. In the target model, it invests in APF Malta, VERDT and APFC under the amended memorandum. |
| Landholding companies | Wholly owned subsidiaries of APF Malta hold and lease land separately from farming operations. Land development in accordance with applicable zoning plans and permits includes, for example, conversion of permanent grassland into gardens, agricultural buildings and infrastructure, planting vineyards and developing winery facilities, or changing agricultural land to building land. |
| Operating companies with local farmers | Farm leased land and generate revenue from production. APF Malta holds at least 25% in the model and provides credit facilities. |
APFC complements the model by financing specific land projects: LTD token sales → loan to APF Malta → land acquisition → use in an agricultural project or land development. VERDT broadens the capital base of the long-term model and connects direct distribution with the fund route. Interest and repayment of loan principal provide funds for contractual settlement of the respective programmes.
3 Land as an asset and collateral foundation
Land is a finite factor of production with long-term utility and lease income. Its asset value provides a stabilising and collateral foundation for the model, with the specific form of security defined by contracts. The model is based on long-term land value stability and an assumption of gradual price growth. Growing food requirements and competition for available land support this economic premise. In the EU, the average price of arable land increased by 6.1% in 2024. [1, 2]
4 CEX and DEX connect tokens to the market
Centralised exchanges (CEX) bring together buy and sell orders. Decentralised exchanges (DEX) enable swaps through liquidity pools. Trading broadens the reach of APFC and VERDT, connects buyers and sellers and establishes a market price. A deeper market facilitates larger trades with less price impact. Sales of LTD’s own token holdings bring in funds that can be used within the financial model. [3, 4]
Another source of the group’s financial results is the realised trading margin from sales of its own APFC and VERDT holdings and the result of proprietary trading in these tokens on the secondary market (CEX and DEX) and the primary market (OTC). Net available funds from this activity expand the financing of land and agricultural projects and support the accumulation of reserves.
Target structure based on the financial model of 17 October 2026 and the subsequent APFC programme. The SICAV memorandum update is planned for the first half of 2027.