> ## Documentation Index
> Fetch the complete documentation index at: https://tokenterminal.com/docs/llms.txt
> Use this file to discover all available pages before exploring further.

> ## Agent Instructions
> To query the Token Terminal data catalog, read https://tokenterminal.com/docs/catalog/agents-manual.md first. It is the whole catalog as one page: table naming grammar, key columns, partition and cluster rules, units, additivity, and the tables that are documented but not served yet.
> Never query a catalog table on a time bound alone. Also filter its cluster key, which you read from INFORMATION_SCHEMA.COLUMNS; an empty result means the object is a view, whose pruning contract is on its page. Compute is billed to the caller's own Google Cloud project.

# Disclosures

> Issuer-disclosed legal, regulatory and market terms of every real-world asset, each value with its evidence.

`dimensions.asset_disclosures` is what an issuer discloses about a tokenized asset in its own documents: the legal entity that issues it, its domicile, the law and the regulator it answers to, its custodian, auditor and transfer agent, how a holder subscribes and redeems, the fees and minimums, and its identifiers (ISIN, CUSIP, FIGI, LEI). One row per asset, one typed column per term, and for every researched or looked-up term a companion `<term>_evidence` column with the confidence, reasoning and citations (url, title, verbatim excerpts) behind the value.

A term that differs by holder jurisdiction is an `ARRAY<STRUCT<jurisdiction, value>>` over `GLOBAL`, `US`, `EEA`, `UK`, `CH` and `SG`: `GLOBAL` is the issuer's general holder document, and a market element is present only when the issuer publishes a separate holder document for that market. Its evidence column is an `ARRAY<STRUCT<jurisdiction, confidence, reasoning, citations>>` with one element per jurisdiction; every other evidence column is a single `STRUCT<confidence, reasoning, citations>`, and `citations` is an `ARRAY<STRUCT<url, title, excerpts>>`.

## Columns

<table>
  <thead>
    <tr><th width="230">Column</th><th width="150">Type</th><th>Description</th></tr>
  </thead>

  <tbody>
    <tr><td><code>asset\_id</code></td><td><code>STRING</code></td><td>The asset, such as <code>usdc</code>; joins <a href="/docs/catalog/assets/registry"><code>dimensions.assets</code></a>.</td></tr>
    <tr><td><code>retrieved\_at</code></td><td><code>TIMESTAMP</code></td><td>When the issuer's documents were read for this row.</td></tr>
    <tr><td><code>website</code></td><td><code>STRING</code></td><td>The issuer page that names this token and links its terms. Stablecoins and tokenized funds and tokenized commodities only; null elsewhere.</td></tr>
    <tr><td><code>claim\_type</code></td><td><code>ARRAY\<STRUCT></code></td><td>What a holder holds. <code>issuer\_sponsored</code>: a direct claim on or ownership of the issuer's instrument. <code>synthetic\_collateralized</code>: a contractual exposure backed by dedicated collateral. <code>synthetic\_uncollateralized</code>: a contractual exposure without it. One element per holder jurisdiction, <code>value</code> typed <code>STRING</code>.</td></tr>
    <tr><td><code>issuance\_status</code></td><td><code>ARRAY\<STRUCT></code></td><td>Whether the issuer still creates the token. <code>active</code>, <code>paused</code> (issuance suspended, redemption open), <code>legacy\_redemption\_only</code>, <code>sunset</code> or <code>not\_launched</code>. One element per holder jurisdiction, <code>value</code> typed <code>STRING</code>.</td></tr>
    <tr><td><code>sector</code></td><td><code>ARRAY\<STRING></code></td><td>Sectors of the underlying exposure of a tokenized stock (<code>information\_technology</code>, <code>financials</code>, <code>government\_debt</code>, <code>commodities</code>), not of the tokenization provider. Tokenized funds only; null elsewhere.</td></tr>
    <tr><td><code>region</code></td><td><code>ARRAY\<STRING></code></td><td>Regions of the underlying economic exposure of a tokenized stock (<code>north\_america</code>, <code>europe</code>, <code>greater\_china</code>, <code>global</code>), not the issuer domicile. Tokenized funds only; null elsewhere.</td></tr>
    <tr><td><code>reference\_ratio</code></td><td><code>FLOAT64</code></td><td>Units of the reference asset one token represents by design (1 for a dollar stablecoin, 1 troy ounce for a gold token). Null when the token tracks a floating NAV.</td></tr>
    <tr><td><code>reserve\_composition</code></td><td><code>ARRAY\<STRING></code></td><td>Asset categories in the reserve backing a stablecoin, from the latest attestation (<code>cash</code>, <code>bank\_deposits</code>, <code>treasury\_bills</code>, <code>repurchase\_agreements</code>, <code>money\_market\_funds</code>, <code>commercial\_paper</code>, <code>corporate\_bonds</code>, <code>precious\_metals</code>, <code>crypto\_assets</code>, <code>secured\_loans</code>, <code>other</code>). Stablecoins only; null elsewhere.</td></tr>
    <tr><td><code>issuer\_legal\_entity</code></td><td><code>ARRAY\<STRUCT></code></td><td>Legal name of the entity that issues the token to the holders the document governs, distinct from its parent, manager, platform and distributors. One element per holder jurisdiction, <code>value</code> typed <code>STRING</code>.</td></tr>
    <tr><td><code>domicile</code></td><td><code>ARRAY\<STRUCT></code></td><td>Incorporation country of the issuing entity, ISO 3166-1 alpha-2. One element per holder jurisdiction, <code>value</code> typed <code>STRING</code>.</td></tr>
    <tr><td><code>governing\_law</code></td><td><code>ARRAY\<STRUCT></code></td><td>Country whose law governs the contract between holder and issuer, from the governing-law clause of the holder document, ISO 3166-1 alpha-2. One element per holder jurisdiction, <code>value</code> typed <code>STRING</code>.</td></tr>
    <tr><td><code>regulatory\_framework</code></td><td><code>ARRAY\<STRUCT></code></td><td>Regime under which the instrument is issued or offered to the holders the document governs (<code>us\_reg\_d</code>, <code>us\_reg\_s</code>, <code>us\_money\_transmitter</code>, <code>us\_national\_trust\_bank</code>, <code>eu\_mica</code>, <code>eu\_prospectus</code>, <code>ch\_dlt\_act</code>, <code>sg\_mas</code>, <code>unregulated</code>, <code>not\_disclosed</code> and the other regimes of the closed list), not the licence of a distributor. One element per holder jurisdiction, <code>value</code> typed <code>STRING</code>.</td></tr>
    <tr><td><code>regulator</code></td><td><code>ARRAY\<STRUCT></code></td><td>Supervisory authority of the issuer or instrument. Several authorities are separated by semicolons. One element per holder jurisdiction, <code>value</code> typed <code>STRING</code>.</td></tr>
    <tr><td><code>governing\_law\_subdivision</code></td><td><code>ARRAY\<STRUCT></code></td><td>State, province or canton named in the governing-law clause (Delaware, New York, Zug). Null when the clause names only a country. One element per holder jurisdiction, <code>value</code> typed <code>STRING</code>.</td></tr>
    <tr><td><code>dispute\_resolution\_country</code></td><td><code>ARRAY\<STRUCT></code></td><td>Country of the court or arbitration seat named in the dispute-resolution clause of the holder document, ISO 3166-1 alpha-2. One element per holder jurisdiction, <code>value</code> typed <code>STRING</code>.</td></tr>
    <tr><td><code>bankruptcy\_remote</code></td><td><code>ARRAY\<STRUCT></code></td><td>True when a legal document states that the backing assets sit outside the issuer estate on insolvency (trust, bankruptcy-remote vehicle, statutory segregation). One element per holder jurisdiction, <code>value</code> typed <code>BOOL</code>.</td></tr>
    <tr><td><code>account\_segregation</code></td><td><code>ARRAY\<STRUCT></code></td><td>True when a document states that backing or holder assets are held in accounts segregated from the issuer's operating funds. One element per holder jurisdiction, <code>value</code> typed <code>BOOL</code>.</td></tr>
    <tr><td><code>mica\_marker</code></td><td><code>STRING</code></td><td>Classification under MiCA by legal nature and peg, independent of authorization: <code>emt\_by\_peg</code>, <code>art\_by\_peg</code>, <code>other\_crypto\_asset</code> or <code>out\_of\_scope\_financial\_instrument</code>.</td></tr>
    <tr><td><code>voting\_rights</code></td><td><code>BOOL</code></td><td>True when token holders can vote or direct the votes of the underlying shares. Tokenized stocks only; null elsewhere.</td></tr>
    <tr><td><code>dividend\_eligibility</code></td><td><code>BOOL</code></td><td>True when token holders are entitled to dividends or distributions declared on the underlying share. Tokenized stocks only; null elsewhere.</td></tr>
    <tr><td><code>platform</code></td><td><code>STRING</code></td><td>Tokenization platform, when distinct from the legal issuer.</td></tr>
    <tr><td><code>manager</code></td><td><code>STRING</code></td><td>Investment manager of a tokenized fund. Tokenized funds only; null elsewhere.</td></tr>
    <tr><td><code>sub\_advisor</code></td><td><code>STRING</code></td><td>Delegated investment adviser of a tokenized fund, when disclosed. Tokenized funds only; null elsewhere.</td></tr>
    <tr><td><code>custodian</code></td><td><code>STRING</code></td><td>Institution holding the real-world assets that back the token. Several providers are separated by semicolons.</td></tr>
    <tr><td><code>crypto\_custodian</code></td><td><code>STRING</code></td><td>Third party holding the keys that control the token contract, mint authority or issuer treasury wallets.</td></tr>
    <tr><td><code>fund\_administrator</code></td><td><code>STRING</code></td><td>Provider that calculates NAV and keeps the fund books. Tokenized funds only; null elsewhere.</td></tr>
    <tr><td><code>transfer\_agent</code></td><td><code>STRING</code></td><td>Transfer agent of record for the legal holder register of the security or share class. Tokenized funds and tokenized stocks only; null elsewhere.</td></tr>
    <tr><td><code>digital\_transfer\_agent</code></td><td><code>STRING</code></td><td>Entity that keeps the on-chain holder ledger, when distinct from <code>transfer\_agent</code>. Tokenized funds and tokenized stocks only; null elsewhere.</td></tr>
    <tr><td><code>broker</code></td><td><code>ARRAY\<STRUCT></code></td><td>Executing brokers named for the token, traditional or crypto. One element per holder jurisdiction, <code>value</code> typed <code>ARRAY\<STRING></code>. Tokenized funds and tokenized stocks only; null elsewhere.</td></tr>
    <tr><td><code>auditor</code></td><td><code>STRING</code></td><td>Firm that audits or attests the backing of the token or, for a native share, the issuer's financial statements.</td></tr>
    <tr><td><code>attestation\_frequency</code></td><td><code>STRING</code></td><td>Cadence of published reserve attestations or audits: <code>daily</code>, <code>weekly</code>, <code>monthly</code>, <code>quarterly</code>, <code>annual</code>, <code>irregular</code> or <code>none</code>. Stablecoins only; null elsewhere.</td></tr>
    <tr><td><code>security\_trustee</code></td><td><code>STRING</code></td><td>Trustee or security agent holding collateral or a security interest for token holders, typical of notes and certificates. Tokenized funds and tokenized stocks only; null elsewhere.</td></tr>
    <tr><td><code>storage\_location</code></td><td><code>ARRAY\<STRING></code></td><td>Countries of the vaults holding the physical commodity, ISO 3166-1 alpha-2. Tokenized commodities only; null elsewhere.</td></tr>
    <tr><td><code>primary\_route</code></td><td><code>ARRAY\<STRUCT></code></td><td>How a holder enters and exits directly on the issuer side, which the other primary-market columns refer to: <code>issuer\_mint\_redeem</code>, <code>fund\_subscription</code>, <code>transfer\_agent\_conversion</code>, <code>issuer\_operated\_venue</code> or <code>none</code>. One element per holder jurisdiction, <code>value</code> typed <code>STRING</code>.</td></tr>
    <tr><td><code>eligible\_investors</code></td><td><code>ARRAY\<STRUCT></code></td><td>Investor classes that may use the primary route (<code>retail</code>, <code>professional</code>, <code>accredited</code>, <code>qualified\_investor</code>, <code>qualified\_purchaser</code>, <code>institutional</code>). One element per holder jurisdiction, <code>value</code> typed <code>ARRAY\<STRING></code>.</td></tr>
    <tr><td><code>eligible\_jurisdictions</code></td><td><code>ARRAY\<STRING></code></td><td>Investor residences eligible for the primary route: ISO alpha-2 country codes or the region codes <code>global</code>, <code>non\_us</code>, <code>eea</code>, <code>non\_eea</code>, <code>gcc</code>.</td></tr>
    <tr><td><code>kyc\_required</code></td><td><code>ARRAY\<STRUCT></code></td><td>True when the primary route requires KYC. One element per holder jurisdiction, <code>value</code> typed <code>BOOL</code>.</td></tr>
    <tr><td><code>right\_to\_redeem</code></td><td><code>ARRAY\<STRUCT></code></td><td>True when the instrument terms give holders a right to exit through the primary route. One element per holder jurisdiction, <code>value</code> typed <code>BOOL</code>.</td></tr>
    <tr><td><code>physical\_redemption</code></td><td><code>BOOL</code></td><td>True when holders can redeem a commodity token for physical delivery. Tokenized commodities only; null elsewhere.</td></tr>
    <tr><td><code>base\_assets</code></td><td><code>ARRAY\<STRUCT></code></td><td>Currencies or assets accepted on entry and paid on exit through the primary route: ISO currency codes for fiat, tickers for crypto, a short name for a physical asset. One element per holder jurisdiction, <code>value</code> typed <code>ARRAY\<STRING></code>.</td></tr>
    <tr><td><code>min\_investment</code></td><td><code>ARRAY\<STRUCT></code></td><td>Minimum entry through the primary route, in the currency or unit the document states. One element per holder jurisdiction, <code>value</code> typed <code>FLOAT64</code>.</td></tr>
    <tr><td><code>min\_redemption</code></td><td><code>ARRAY\<STRUCT></code></td><td>Minimum exit through the primary route, in the currency or unit the document states. One element per holder jurisdiction, <code>value</code> typed <code>FLOAT64</code>.</td></tr>
    <tr><td><code>subscription\_time</code></td><td><code>ARRAY\<STRUCT></code></td><td>Settlement cadence on entry as the document states it: <code>instant</code>, <code>daily</code>, <code>weekly</code>, <code>monthly</code>, <code>quarterly</code> or <code>other</code>. One element per holder jurisdiction, <code>value</code> typed <code>STRING</code>.</td></tr>
    <tr><td><code>redemption\_time</code></td><td><code>ARRAY\<STRUCT></code></td><td>Settlement cadence on exit as the document states it: <code>instant</code>, <code>daily</code>, <code>weekly</code>, <code>monthly</code>, <code>quarterly</code> or <code>other</code>. One element per holder jurisdiction, <code>value</code> typed <code>STRING</code>.</td></tr>
    <tr><td><code>is\_open\_ended</code></td><td><code>BOOL</code></td><td>True when the fund issues and redeems on an ongoing basis rather than as a closed-ended vehicle. Tokenized funds only; null elsewhere.</td></tr>
    <tr><td><code>lockup\_period</code></td><td><code>FLOAT64</code></td><td>Lockup in months. Tokenized funds only; null elsewhere.</td></tr>
    <tr><td><code>management\_fee</code></td><td><code>FLOAT64</code></td><td>Annual management fee in basis points. Tokenized funds and tokenized stocks only; null elsewhere.</td></tr>
    <tr><td><code>storage\_fee</code></td><td><code>FLOAT64</code></td><td>Annual custody or storage fee charged to holders, in basis points. Tokenized commodities only; null elsewhere.</td></tr>
    <tr><td><code>dividend\_handling</code></td><td><code>STRING</code></td><td>How dividends reach token holders: <code>distributed\_in\_cash</code>, <code>distributed\_in\_token</code>, <code>reinvested</code>, <code>retained\_by\_issuer</code>, <code>none</code> or <code>not\_disclosed</code>. Tokenized stocks only; null elsewhere.</td></tr>
    <tr><td><code>isin</code></td><td><code>STRING</code></td><td>ISIN of the instrument, from the issuer's own pages or the LEI-to-ISIN register. Tokenized funds and tokenized stocks only; null elsewhere.</td></tr>
    <tr><td><code>cusip</code></td><td><code>STRING</code></td><td>CUSIP derived from a US or Canadian ISIN. Tokenized funds and tokenized stocks only; null elsewhere.</td></tr>
    <tr><td><code>figi</code></td><td><code>STRING</code></td><td>FIGI of the instrument, from OpenFIGI. Tokenized funds and tokenized stocks only; null elsewhere.</td></tr>
    <tr><td><code>website</code></td><td><code>STRING</code></td><td>The issuer page that names this token and links its terms. Tokenized stocks only; null elsewhere.</td></tr>
    <tr><td><code>inception\_date</code></td><td><code>STRING</code></td><td>Date of the first on-chain mint across the token's deployments, ISO 8601. No evidence column.</td></tr>
    <tr><td><code>asset\_class</code></td><td><code>STRING</code></td><td>Asset type from the registry: <code>stablecoin</code>, <code>tokenized\_funds</code>, <code>tokenized\_stocks</code> or <code>tokenized\_commodities</code>. No evidence column.</td></tr>
    <tr><td><code>underlying\_ticker</code></td><td><code>STRING</code></td><td>Listed ticker of the equity a tokenized stock tracks, from the registry. Tokenized stocks only; null elsewhere. No evidence column.</td></tr>
    <tr><td><code>reference\_asset</code></td><td><code>STRING</code></td><td>Identifier of the reference asset the token tracks, from the registry; joins <a href="/docs/catalog/assets/registry"><code>dimensions.reference\_assets</code></a>. No evidence column.</td></tr>
    <tr><td><code>sector</code></td><td><code>ARRAY\<STRING></code></td><td>Sectors of the underlying exposure of a tokenized stock (<code>information\_technology</code>, <code>financials</code>, <code>government\_debt</code>, <code>commodities</code>), not of the tokenization provider. Tokenized stocks only; null elsewhere.</td></tr>
    <tr><td><code>region</code></td><td><code>ARRAY\<STRING></code></td><td>Regions of the underlying economic exposure of a tokenized stock (<code>north\_america</code>, <code>europe</code>, <code>greater\_china</code>, <code>global</code>), not the issuer domicile. Tokenized stocks only; null elsewhere.</td></tr>
    <tr><td><code>issuer\_project</code></td><td><code>STRING</code></td><td>Project id of the issuer, from the registry; joins <a href="/docs/catalog/projects/registry"><code>dimensions.projects</code></a>. No evidence column.</td></tr>
    <tr><td><code>issuer\_lei</code></td><td><code>ARRAY\<STRUCT></code></td><td>LEI of the issuing entity per jurisdiction, from the GLEIF register. One element per holder jurisdiction, <code>value</code> typed <code>STRING</code>.</td></tr>
    <tr><td><code>issuer\_cik</code></td><td><code>ARRAY\<STRUCT></code></td><td>SEC CIK of the issuing entity per jurisdiction, from EDGAR. One element per holder jurisdiction, <code>value</code> typed <code>STRING</code>.</td></tr>
  </tbody>
</table>

## Sample queries

<Tabs>
  <Tab title="One asset's terms by jurisdiction">
    The issuing entity, governing law and regulatory regime of one asset, one line per holder jurisdiction.

    ```sql theme={null}
    select
        entity.jurisdiction,
        entity.value as issuer_legal_entity,
        law.value as governing_law,
        regime.value as regulatory_framework
    from `dimensions.asset_disclosures` as disclosures
    cross join unnest(disclosures.issuer_legal_entity) as entity
    left join unnest(disclosures.governing_law) as law
        on law.jurisdiction = entity.jurisdiction
    left join unnest(disclosures.regulatory_framework) as regime
        on regime.jurisdiction = entity.jurisdiction
    where disclosures.asset_id = 'usdc'
    order by entity.jurisdiction
    ```
  </Tab>

  <Tab title="Regulators of tokenized stocks">
    The regulator each tokenized stock answers to under its general holder document, joined to the asset registry for the type filter.

    ```sql theme={null}
    select
        disclosures.asset_id,
        regulator.value as regulator
    from `dimensions.asset_disclosures` as disclosures
    join `dimensions.assets` as assets using (asset_id)
    cross join unnest(disclosures.regulator) as regulator
    where assets.asset_type = 'tokenized-stocks'
      and regulator.jurisdiction = 'GLOBAL'
      and regulator.value is not null
    order by disclosures.asset_id
    ```
  </Tab>

  <Tab title="Identifiers">
    ISIN, FIGI and the issuer's LEI side by side, one line per asset; the LEI is the general-document entity's.

    ```sql theme={null}
    select
        disclosures.asset_id,
        disclosures.isin,
        disclosures.figi,
        (
            select lei.value
            from unnest(disclosures.issuer_lei) as lei
            where lei.jurisdiction = 'GLOBAL'
        ) as issuer_lei
    from `dimensions.asset_disclosures` as disclosures
    where disclosures.isin is not null
       or disclosures.figi is not null
       or array_length(disclosures.issuer_lei) > 0
    order by disclosures.asset_id
    ```
  </Tab>

  <Tab title="Evidence behind a value">
    The pages and passages that back one term, one line per excerpt.

    ```sql theme={null}
    select
        evidence.jurisdiction,
        evidence.confidence,
        citation.url,
        excerpt
    from `dimensions.asset_disclosures` as disclosures
    cross join unnest(disclosures.claim_type_evidence) as evidence
    cross join unnest(evidence.citations) as citation
    cross join unnest(citation.excerpts) as excerpt
    where disclosures.asset_id = 'usdc'
    order by evidence.jurisdiction
    ```
  </Tab>

  <Tab title="Redemption terms of stablecoins">
    Redemption right, cadence and minimum of every stablecoin under its general holder document.

    ```sql theme={null}
    select
        disclosures.asset_id,
        redeem.value as right_to_redeem,
        cadence.value as redemption_time,
        minimum.value as min_redemption
    from `dimensions.asset_disclosures` as disclosures
    cross join unnest(disclosures.right_to_redeem) as redeem
    left join unnest(disclosures.redemption_time) as cadence
        on cadence.jurisdiction = 'GLOBAL'
    left join unnest(disclosures.min_redemption) as minimum
        on minimum.jurisdiction = 'GLOBAL'
    where disclosures.asset_class = 'stablecoin'
      and redeem.jurisdiction = 'GLOBAL'
    order by disclosures.asset_id
    ```
  </Tab>
</Tabs>