Sovereign Provenance · §03

EXECUTIVE MEMORANDUM

15 June 2026 · Institutional Memorandum

Sovereign Provenance Infrastructure

Provenance as Capital

Repricing EU & UK Sovereign Risk into a New Institutional Multi-Asset Class.

An unbroken cryptographic audit trail from source telemetry to financial settlement — engineered to eliminate paper-based audit lag and replace opaque offset procurement with real-time risk transparency, batch-specific pricing, and Tier-1 primary- and secondary-market liquidity, delivering Article 8/9 compliance and structural WACC compression.

An unbroken cryptographic audit trail from source telemetry to financial settlement — delivering real-time risk transparency, batch-specific pricing, Tier-1 liquidity, Article 8/9 compliance and structural WACC compression.

Institutional Memorandum · 15 June 2026

Restricted to Qualified Counterparties

Sovereign Multi-Asset Class Expansion — Six Vertical Deep-Dives

Quantified sizing, premium uplifts, capital-cost compression, and cryptographic governance topology across the six strategic verticals — delivered via the TIAKI 17 AI Agent Ecosystem against 1,550+ verified sovereign and institutional data sources. Each vertical has a dedicated institutional deep-dive page covering quantified TAM / SAM / SOM trajectory, regulatory anchor and premium realisation, six-node governance topology, and capital compression mechanics.

Open Full Executive Memorandum →Scope & Limits Disclosure

Exhibit 1.1Macro Capture Matrix — TAM, Premium Uplift & CAGR by VerticalAs of 15 June 2026EUR billions; 2026 – 2030

§	Vertical	TAM	2030 Capture	Premium Uplift	CAGR
01	Carbon Credits	€180.0 Bn	6.8% (€2.856 Bn)	140% – 194%	46.5%	Open →
02	Green Steel	€94.0 Bn	4.1% (€0.984 Bn)	62% – 185%	46.1%	Open →
03	Defence Drones	€26.0 Bn	8.5% (€0.612 Bn)	38%	28.7%	Open →
04	Eco-Fertiliser	€38.0 Bn	5.2% (€0.572 Bn)	24%	30.4%	Open →
05	Tantalum	€8.2 Bn	12.0% (€0.336 Bn)	19% – 26%	27.8%	Open →
06	Energy Sanctions	€14.0 Bn	7.3% (€0.299 Bn)	6%	28.1%	Open →

Source: TIAKI 1,550+ verified sovereign and institutional data sources

As of 15 June 2026