{
  "release": "coin-fundamentals-source-review-20260927-3.0",
  "reviewed_at_utc": "2026-09-27T03:59:28.770Z",
  "price_cutoff_utc": "2026-09-26",
  "symbol": "EDEL",
  "project": "Edel Finance",
  "documented_mechanism": "Edel documents tokenized-equity infrastructure and planned lending/market products. Product-level backing of Edel Stocks does not mean EDEL tokenholders own the underlying securities.",
  "holder_rights_boundary": "The issuer token disclosure does not grant an enforceable ownership or profit claim. Planned governance or buybacks are not executed yield.",
  "official_distribution": "Issuer disclosure describes one billion EDEL maximum units; current circulating amount is a provider estimate. A stock difference is not an unlock timetable.",
  "operating_status": "product_documentation_verified_but_no_independently_frozen_recurring_loan_or_fee_series",
  "operating_observation": null,
  "token_capture_observation": null,
  "missing_series": [
    "Live tokenized-equity issued stock with source-labelled reserve checks",
    "Completed loan balances, interest income and defaults by week",
    "Dated EDEL buybacks executed on-chain and circulating-supply reconciliation"
  ],
  "supply_estimate": {
    "provider": "CoinGecko",
    "provider_updated_at_utc": "2026-09-27T03:57:30.000Z",
    "circulating": 678451925.1176617,
    "total": 1000000000,
    "max": 1000000000,
    "market_cap_usd": 19264134,
    "fdv_usd": 28394251
  },
  "sources": [
    {
      "name": "Edel official docs",
      "url": "https://docs.edel.finance/docs/welcome"
    },
    {
      "name": "Edel official token disclosure",
      "url": "https://www.edel.finance/micar-whitepaper"
    },
    {
      "name": "Edel official app/product overview",
      "url": "https://www.edel.finance/"
    }
  ],
  "interpretation": "Documented token mechanism, circulating supply estimate, project operating activity, and passive holder economic capture are distinct. Null means not verified, never zero."
}