What’s an SPV?

Created by Comms EP, Modified on Wed, 20 Mar 2024 at 08:49 AM by Comms EP

An SPV or a special purpose vehicle is a legal entity created with the sole purpose of holding an asset and letting token holders gain ownership to the asset. 

Since you can’t add 1000 different names to an asset’s deed, SPVs are commonly used to democratize asset ownership.

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