From subscription to liquidity. Three phases.
AMP shipped Phase 1 — the qualified AMP cohort architecture (SEC Reg A+ Tier 2) on KoreConX with on-chain cap-table on KoreChain. Phase 2 brings tokenized share class + KoreATS secondary trading. Phase 3 brings cross-cohort liquidity and the GCC sovereign capital bridge. Honest about what is live, what is filed, and what is on the roadmap.
The qualified retail rail.
The architecture is filed, the rails are wired, the counsel is engaged. Phase 1 stands on its own — the AMP cohort opens once SEC qualification lands. Every Phase 1 subscription is governed by its cohort’s qualified Offering Circular, not by Phase 2 or Phase 3 future utility.
Tokenized share class + secondary liquidity.
The #1 retail complaint about private credit and venture exposure is no exit before maturity. Phase 2 closes it via KoreATS — the SEC-regulated alternative trading system that powers tokenized issuances industry-wide. Target qualification of the tokenized class is H2 2027, subject to SEC review and KoreATS counterparty onboarding.
Cross-cohort liquidity + GCC sovereign bridge.
Phase 3 unifies AMP’s cohorts into a portfolio-level secondary pool and opens the GCC sovereign capital bridge — an ADGM-domiciled feeder vehicle that lets ADIA, Mubadala, ADQ, PIF, and family-office capital co-invest into the same vehicle US retail subscribes to. Target 2028 and beyond, subject to mandate.
What this means for you.
Phase 1 stands on its own. Phase 2 and Phase 3 are additive future utility — not the basis on which you subscribe today. Each tier is a structural mechanism per the qualified Offering Circular for the cohort you subscribe to.
- →Subscribe to a qualified cohort at $1,000 minimum, per the cohort’s Offering Circular.
- →Hold to lock-up end as defined in the OC.
- →Receive distributions per the OC cadence.
- →On-chain receipt of every allocation, every distribution, every position update.
- →Everything Phase 1 delivers, unchanged.
- →Plus: ability to transfer your position to another qualified investor via KoreATS.
- →Subject to the resale restrictions in your cohort’s Offering Circular.
- →Live NAV reporting tied to deal performance.
- →Everything Phase 2 delivers, unchanged.
- →Plus: access to the cross-cohort secondary pool — portfolio-level liquidity.
- →GCC sovereign-tier deal flow opens up via the feeder vehicle.
- →USD + AED multi-currency settlement available.
Why the phasing matters.
AMP does not ship Phase 2 before Phase 1 is qualified by the SEC. Tokenized share classes carry their own qualification process — they are a separate class of security from the Reg A+ subscription, and they require their own filing, their own audit cadence, their own counsel sign-off. KoreATS counterparty onboarding takes six to twelve months. We do not over-promise. We do not pre-sell future utility. Phase 1 ships first. Phase 2 ships when Phase 2 ships.
AMP · Roadmap Doctrine · 2026The phasing reflects three institutional disciplines: (1) regulatory sequencing — each class of security has its own qualification path and we do not collapse them; (2) counterparty discipline — third-party rails like KoreATS require their own onboarding cycle, and that cycle takes time; (3) honesty with the subscriber — Phase 1 economics work on Phase 1 economics. Phase 2 and Phase 3 are upside, not the basis on which Phase 1 is sold.
Plain answers on the rail.
Phase 1 is live. Subscribe to what ships first.
The cohort opens once SEC qualification lands. The on-chain cap-table is the receipt. Subscribe to Phase 1 because Phase 1's economics work for you — and let Phase 2 + Phase 3 compound on top.