# KYC & Eligibility *** ### Who can participate Fractit is intended for: * Retail investors seeking compliant on-chain access to listed real estate index exposure * Crypto-native investors seeking regulated index products on Canton Network * Institutional participants requiring compliant, auditable index token exposure * Secondary market participants looking for flexible, continuously tradable access to index-linked products Access is subject to eligibility screening. Not all jurisdictions are permitted. See Jurisdiction Controls. *** ### KYC onboarding process All users must complete the following before any activity is permitted: | Step | Requirement | | --------------------- | --------------------------------------------------------------- | | Identity verification | Government-issued photo ID (passport or national ID card) | | Liveness check | Real-time selfie verification to confirm document ownership | | PEP screening | Check against Politically Exposed Persons lists | | Sanctions screening | Check against global sanctions lists (OFAC, UN, EU, and others) | | AML risk scoring | Risk-based assessment of the user profile | | Jurisdiction check | Confirmation that the user's jurisdiction is not restricted | Onboarding is conducted by Fractit's approved compliance vendor. Verification typically completes within minutes. *** ### Ongoing monitoring Active users are subject to continuous monitoring including: * Periodic re-verification of identity documents * Ongoing sanctions and PEP screening * Transaction monitoring for suspicious activity patterns * Wallet screening before any new activity *** ### Whitelist On successful completion of KYC, the user's Canton wallet address is added to the on-chain whitelist. Only whitelisted wallets may: * Hold DFMREIT tokens * Subscribe for new tokens * Transfer tokens to other wallets * Redeem tokens for CC or USDC The whitelist is enforced at the DAML contract layer on Canton — not just at the application interface. Transfers to non-whitelisted wallets are rejected by the contract regardless of the interface used. *** ### Multiple wallets If you wish to use more than one wallet address with your Fractit account, each address must be individually whitelisted. Contact support to add an additional wallet to your verified account. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.fractit.com/compliance/kyc-and-eligibility.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.