Home · Learn · License

Class A, Class B, hubs, and annexes.

One core. Two sovereign licenses. Hubs and annexes sit inside the sovereign that holds them.

Class A

$2,500,000 to join and $400,000 a year. The paper names this class for global commodities and tier 1 nations. The corridor credential stays on the root. The UAE site on the showcase is the worked example, and it is not a purchase claim.

Class B

$1,500,000 to join and $250,000 a year. The paper names this class for regional hubs and philanthropic desks. The India banking sovereign is the worked example. It is not a purchase by the Reserve Bank of India or by any bank named there.

Hubs and annexes

Up to 10 hubs are included. A hub past that is $25,000 a year on the sovereign. That is not a second license. The hub's own license stays $0. An annex license is $0. An annex contains nothing under it.

Depth and the corridor

  • A new hub under a hub is rejected. Depth is sovereign, hub, annex. The row is not written.
  • Hubs and annexes cannot bypass their sovereign to trade externally.
  • Movement inside a hub is 0 basis points. A settled L1 corridor hop is 5 basis points of settled gross, paid by the initiating sovereign.
  • A denied trade releases the escrow and settles no fee.
  • KYB and KYC come before corridor keys.

Questions people actually ask

Is the eleventh hub a second license?

No. The hub license stays $0. The sovereign is billed $25,000 a year for that seat.

Where is the worked example?

The live desks are at jilsovereign.net/demo. The October 2026 white paper is the architecture document.

Keep reading

The white paper and a briefing are the next step if you are evaluating a sovereign.