RCA Pad

The Offering · Vol. 02 No. 01

The issue

September 2026 · London

RCAICO · Regulated Crypto Assets Initial Coin Offerings

Cover story

What an RCAICO is — and what it must never become

Regulated Crypto Assets Initial Coin Offering is a phrase the market already searches. Most of the people searching it want a pad. The serious ones want an operating system that can survive counsel, counterparties and a later reader. This issue is written for the second group.

An RCAICO, on this desk, is not a sale. It is the decision to treat a crypto-asset offering as a regulated event: named entity, classified instrument, documented pathway, evidenced claims, locked geographies, and a campaign that can be turned off.

Read the cover story Start an RCAICO

10 chapters · 16 min · The Desk

Contents · Vol. 02

How to read this issue.

Written for founders, counsel, boards and the operator who will keep the register. Steal the figures. Argue with your lawyer. Do not quote us as law. Do not wear RCAICO as a sticker on a sale page.

  1. 01

    The Definition

    What an RCAICO is — and what it must never become

    What an RCAICO is, and what the programme will never be.

  2. 02

    The Desk

    The issuer’s operating map: twelve fields before a public sentence

    The issuer operating map. Twelve fields before a headline.

  3. 03

    The Statute

    Classify the instrument before you name the campaign

    Classify the instrument before you name the campaign.

  4. 04

    The Statute

    Pathways that exist, pathways that are proposed, pathways that are folklore

    Live pathways, proposed rules, folklore. Sequence the board can use.

  5. 05

    The File

    Disclosure architecture: the room, the paper, the site, the script

    Room, whitepaper, site, FAQ, waitlist, archive.

  6. 06

    Controls

    An offering claims register: sentences that can survive a later reader

    The offering claims register and the prohibited list.

  7. 07

    The Map

    Named markets, or you do not have an offering audience

    Named markets. UK, US, EU. Channels as jurisdiction blenders.

  8. 08

    The Room

    KYC, the travel rule, and who is actually your customer

    KYC, travel rule, custody, and who is actually a customer.

  9. 09

    The Decline

    The 2017 habits that will kill a 2026 offering

    The 2017 habits that kill a 2026 offering.

  10. 10

    The Pack

    Fourteen days to a command centre, one hundred and eighty to a public sentence

    Fourteen days, ninety days, one hundred and eighty.

Features

The rest of the issue.

Departments

Always

Same screen. Same Sprint. Same nos.

RCAICO is the programme for founders planning a Regulated Crypto Assets Initial Coin Offering. It uses the same Sprint, Build and growth retainer as every other client. There is no fast lane because you used the acronym.

  • Named entity, named founder, product evidence
  • Classification before the campaign
  • A pathway that exists on the day you speak — including “not offering”
  • Locked geographies and a claims register
  • Fixed fees. Deposit to start the Sprint
  • A kill switch that can unpublish in twenty-four hours

Never

What RCAICO will never be.

If a row on this list is the job you want done, we are the wrong firm. Losing you on the page is cheaper than losing you in a complaint.

  • A place to buy or allocate tokens
  • A promise of raise size, listing or price
  • An official Regulation Crypto Assets venue
  • A substitute for securities counsel
  • A second company or a duplicate site
  • A percentage-of-raise shop

Direct answers

The programme in short. The magazine is the long form.

Next step

Planning a regulated ICO? Same screen as everyone.

Named founder. Work email. Ten questions. If you will run a claims register, apply. If you need someone to sell the token, we are the wrong firm.

Start an RCAICO Fourteen-day Sprint