BitLease Technologies Ltd. A subsidiary of 49G Holding Incorporated in Abu Dhabi Global Market (ADGM), Registered Address: Unit PC-1, Level 7, Al Maryah Tower, Abu Dhabi Global Market Square, Abu Dhabi, Al Maryah Island, United Arab Emirates
ADGM Registration No.: 34619
Document: Custody & Asset-Holding Policy — How BitLease holds and safeguards platform-held digital assets.
Classification: BitLease · Platform-wide policy
Version: 1.0
Effective Date: 10 July 2026
This Policy describes how BitLease holds and safeguards digital assets on behalf of users of the BitLease platform. It is a general, platform-wide policy: it applies to platform-held assets generally, including assets under Lease-to-Own arrangements and OWN held on the platform and is not specific to any single product or token.
This Policy is referenced by the OWN Token Terms & Conditions, the OWN Access Plan Product Terms, and the OWN Risk Disclosure. It should be read together with those documents; where a product's own terms address a custody matter specifically, this policy provides the general framework, and the product terms provide the detail.
Platform-held assets are held under an institutional custody model designed to keep customer assets identifiable and protected:
Technical custody. Assets are held using multi-party computation (MPC) or comparable institutional key management, on a non-user-signatory basis for platform-held balances, with no single point of key compromise.
Recordkeeping. Each user's holdings are recorded in customer-specific sub-ledgers and reconciled against on-chain and custodian balances regularly.
Segregation. Customer assets are held and recorded separately from BitLease's own (proprietary) assets and are not commingled with proprietary holdings.
Platform balances are classified by function so that each pool is identifiable and reconcilable. These typically include user-locked assets, user-free assets, lessor funds, the insurance treasury, the HyperHedge reserve, and the operational treasury. Balances in one pool are not used to satisfy the obligations of another except as expressly permitted by the applicable terms and this Policy.
BitLease does not lend, pledge, stake, rehypothecate, or otherwise use customer assets for its own account or for the account of any affiliate, except where the user has expressly opted into a specific program under that program's own terms or where required by law. Customer assets held in custody are held for the user, not as a deposit with, or a loan to, BitLease.
During a Lease-to-Own term, OWN and other assets are held and recorded under this policy; the specific rights of use, transfer restrictions, and the point of full ownership transfer are set out in the applicable product terms.
BitLease may appoint sub-custodians, wallet infrastructure providers, and other service providers to support custody. BitLease applies due diligence to such providers and requires appropriate standards from them. The use of a sub-custodian does not change the segregation and recordkeeping principles in this policy, although it may introduce additional operational or counterparty considerations, which are addressed in the platform's risk disclosures.
BitLease maintains records of customer holdings and reconciles internal sub-ledgers against on-chain and custodian balances on a regular basis. Reconciliation exceptions are investigated and resolved under internal controls. BitLease's reconciled records are the primary reference for a user's platform balance, without limiting the user's rights under applicable law.
The custody model is designed so that customer assets are identifiable and segregated from BitLease's proprietary assets, with the intent that customer assets are not treated as part of BitLease's own estate in an insolvency. The precise legal and insolvency treatment depends on the applicable custody structure, the relevant entities and jurisdictions, and mandatory law and is to be confirmed by legal counsel. Users should be aware that insolvency of BitLease, a subcustodian, or a service provider may nonetheless result in delay, dispute, cost, or shortfall.
Access to custody systems is governed by role-based controls, approval authorities, segregation of duties, and audit logging. BitLease applies technical and organizational security measures, including encryption, key management controls, and monitoring. No system is completely secure, and BitLease cannot guarantee absolute security.
Where a user withdraws assets to a self-custodied wallet (where and when withdrawal is permitted under the applicable product terms), those assets leave platform custody, and this policy ceases to apply to them. The user is then solely responsible for the security of the wallet, private keys, and recovery information; loss or compromise of these may be permanent and unrecoverable.
Blockchain networks and their assets carry inherent technical risks outside BitLease's control, including network failures, forks, and protocol changes. This Policy describes operational and organizational arrangements; it does not create a guarantee against loss, and it does not alter the legal characterization of platform-held assets, which is governed by the applicable product terms and mandatory law.
BitLease may update this Policy prospectively, with notice by an appropriate means, except where an immediate change is required for legal, regulatory, risk, security, or operational reasons. The current version published on the platform, with the effective date shown below, applies.
Version 1.0 · Effective date: 10 July 2026.