Jova
Private placement . 2026

Digital dollars.
Real buildings.

Jova Capital turns stablecoin into hard assets in markets that foreign investors cannot otherwise legally enter.

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The problem

You are holding dollars
that own nothing.

Stablecoin is the largest pool of idle capital in the world. It pays a yield that vanishes the moment rates fall, and it is a claim on a bank account, not on anything you can stand inside.

The wall

The best markets
are closed by law.

01

Freehold is barred

In the markets we target, statute prohibits freehold transfer to foreigners and to companies with majority foreign shareholding. The rule is not a formality.

02

Money cannot simply arrive

Foreign capital must enter through a designated inward investment account under local exchange control. Digital assets cannot cross the border at all.

03

Nobody plans the exit

Most foreign buyers discover the repatriation rules on the day they try to leave. By then the structure is already wrong.

The reveal

We built the door.

One regulated entity in Abu Dhabi. One licensed conversion. One named onshore bank account that exists precisely so the money can leave again. The exit was designed before the entry.

How the money moves

Four steps. Every one of them regulated.

STEP 01You subscribeUSDC or USDT into an ADGM company. Shares issued against a fixed conversion reference.
STEP 02Licensed conversionA UAE licensed virtual asset provider converts to dollars. Full audit trail, no grey market desks.
STEP 03Inward investment accountFiat enters the market through a licensed commercial bank. This account is also the way home.
STEP 04The assetA 99 year leasehold held by a local operating company you own a share of, through Abu Dhabi.
Why now
6.7%
Land price growth in our target market, first half of 2026
8 to 12%
Historic gross yields on prime commercial property in market
2022
The year institutional foreign buyers left, and have not yet returned

Assets are still priced for a crisis that has already passed. The repricing window closes when the institutions come back, and they are already looking.

The thesis

We do not buy yield.
We build margin.

Buying a finished building at a 10 percent gross yield, in a depreciating currency, with a fund fee layer on top, cannot produce a double digit dollar return. We tested it. It returns 4.3 percent. So we do not do it.

Stabilised yield
4.3%

Development, pre sold
19.5%

net investor IRR

Deal one

A 30 month development, fully modelled.

LineUSD
Total project cost2,625,000
Funded by pre sale deposits800,000
Equity raised1,950,000
Sale proceeds at 30 percent margin on cost3,412,500
Fees and disposal(131,625)
Net investor IRR after carry19.5%
Alignment

Every fee. One page.

2%Arrangement fee, charged once at close
2% paManagement fee, on invested capital only, never on money we have not deployed
4%Development management, on build cost
1%Disposal fee, on sale
20%Carried interest, and only above an 8 percent preferred return to you

Founder capital goes in first, on identical terms. We are paid last, or we are not paid.

Structure

Deal by deal. Never a blind pool.

You approve each asset

Capital is called when a specific building is on the table, not committed to a manager on trust. You see the asset, the title, the pre sale book and the numbers before a dollar moves.

And it removes our worst weakness

A fund with a deployment deadline tells every seller in the market that it must buy. We do not have a clock, so we do not overpay. That discipline is yours, not ours.

What could go wrong

The risks, in our own words.

DevelopmentCost overruns and contractor failure are real. Our 19.5 percent is compensation for that risk, not a safer version of a yield deal.
Pre salesIf we cannot secure written interest for 30 percent of a project before raising, we do not raise. That is a stated rule, not an intention.
CurrencyWe report in dollars and model local currency depreciation explicitly. Local currency returns are not returns.
LiquidityYour capital is committed for the cycle. There is no secondary market on deal one and we will not pretend otherwise.
One more thing

We are proving the exit
before we scale the entry.

Deal one is deliberately small. Its purpose is not the return. Its purpose is one completed round trip, dollars in and profit out through the regulated banking channel, documented and audited. Nobody in this market has shown you that. We intend to be first.

Come and see
the building.

Deal one is open to a small number of investors. The next step is a site visit and the full data room, including counsel opinions from both jurisdictions.

Enter JovaChain