At StegX, both natural persons and legal entities are eligible to invest, provided they are classified as professional investors and their accounts are verified. Natural persons can verify their accounts by completing a KYC (Know Your Customer) verification, while legal entities need to complete a KYB (Know Your Business) verification to verify their accounts. For more details, please continue reading this article.
Why Does StegX Only Serve Professional Investors?
Due to regulatory requirements, StegX is currently only able to serve professional investors. You may classify either your company as a legal entity or yourself as a natural person, depending on who intends to invest. In both cases, you need to meet certain criteria. For more information on these criteria and the classification process, click here.
Which Jurisdictions Does StegX Serve?
StegX operates globally, serving users from almost every country, except for internationally sanctioned countries.
Why Do I Have to Verify My Profile?
StegX operates under German jurisdiction and must adhere to the strict regulatory standards set by the Federal Financial Supervisory Authority, commonly known as BaFin. This compliance requires that natural persons complete a KYC process, while legal entities must undergo a KYB process. The latter includes the disclosure of ownership details, specifically identifying the Ultimate Beneficial Owners (UBO). For more information on how to complete these verification processes, click here.
Begin Your Investment Journey
Start your journey with StegX by clicking here to join the digital one-stop-shop for institutional real estate. If you have further questions, please do not hesitate to contact us.