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Beta — Not a registered broker-dealer. For informational purposes only.

Last updated: March 2026

Terms of Service

1. Acceptance of Terms

By accessing or using the Mithril platform ("Platform"), operated by Mithril Technologies, Inc. ("Mithril," "we," "us," or "our"), you agree to be bound by these Terms of Service ("Terms"). If you do not agree to these Terms, you must not access or use the Platform. We reserve the right to modify these Terms at any time. Continued use of the Platform after any modification constitutes acceptance of the revised Terms.

2. Description of Service

Mithril is an information aggregator and matching platform for private market activity. The Platform aggregates publicly available data related to private company valuations, secondary market transactions, tokenized equity instruments, and prediction markets. Core features include:

  • Market Data Aggregation — Real-time and historical pricing data for private company secondaries, tokenized equity, and prediction markets, sourced from third-party venues and public information.
  • OTC Matching — An indication-of-interest ("IOI") system that allows buyers and sellers of private company shares to discover potential counterparties. Mithril facilitates introductions but does not execute, settle, or guarantee any OTC transaction.
  • Prediction Markets — Access to prediction market instruments related to private company events such as IPOs, funding rounds, and valuations. Prediction market orders are matched via an on-platform order book and settled on-chain.
  • Tokenized Equity — Information and order routing for tokenized representations of private company equity deployed on supported blockchain networks. Wrapping, unwrapping, and trading of tokenized equity are subject to additional terms and third-party smart contract risk.

3. Not a Broker-Dealer; No Financial Advice

Mithril is not a registered broker-dealer, investment adviser, transfer agent, or funding portal under the Securities Act of 1933, the Securities Exchange Act of 1934, or any state securities laws. The Platform does not provide investment advice, tax advice, legal advice, or any personalized financial recommendations.

All data, analytics, charts, and market information displayed on the Platform are provided for informational purposes only and should not be construed as a solicitation, recommendation, or endorsement to buy, sell, or hold any security, token, or financial instrument. Private company securities are inherently illiquid, speculative, and involve a high degree of risk, including the potential for total loss of capital.

4. User Responsibilities

By using the Platform, you represent and warrant that:

  • You are at least 18 years of age (or the age of majority in your jurisdiction) and have the legal capacity to enter into these Terms.
  • You will conduct your own independent due diligence before making any investment or trading decision. You acknowledge that past performance data, valuation estimates, and market signals displayed on the Platform are not guarantees of future results.
  • You are solely responsible for determining whether any transaction or activity conducted through or in connection with the Platform complies with all applicable laws, regulations, and contractual obligations in your jurisdiction, including but not limited to securities laws, tax obligations, and any transfer restrictions on private company shares (such as rights of first refusal, lock-up periods, or company consent requirements).
  • You will not use the Platform for any unlawful purpose, including market manipulation, money laundering, sanctions evasion, or fraud.
  • You are responsible for maintaining the confidentiality of your account credentials and for all activity that occurs under your account.

5. No Custody of Funds

Mithril does not hold, custody, or control any user funds, securities, tokens, or digital assets. All transactions, including tokenized equity trades, prediction market settlements, and OTC transfers, are executed on third-party blockchain networks, decentralized protocols, or directly between counterparties.

You are solely responsible for the security of your own wallets, private keys, and any assets held therein. Mithril shall not be liable for any loss of funds resulting from smart contract vulnerabilities, blockchain network failures, wallet compromises, or user error. By interacting with on-chain features, you accept the inherent risks of blockchain technology, including but not limited to transaction irreversibility, network congestion, and protocol-level exploits.

6. Account Registration and Eligibility

Certain features of the Platform require account registration through our authentication provider (Clerk). You agree to provide accurate and complete information during registration and to keep your account information current. Mithril reserves the right to suspend or terminate accounts that provide false or misleading information, violate these Terms, or engage in activity that we reasonably believe poses a risk to the Platform or its users.

7. Fees

Certain transactions on the Platform are subject to fees, including but not limited to: wrap fees (1.5%) for converting private shares to tokenized equity, unwrap fees (1.0%) for converting tokens back to shares, trade fees (0.25% per side) for tokenized equity trades, and prediction market fees (2% on volume). Fee schedules are subject to change; current fees will always be displayed prior to transaction confirmation. OTC matching and introductions are currently provided at no charge.

8. Intellectual Property

All content, features, and functionality of the Platform — including but not limited to the software, source code, algorithms, user interface designs, text, graphics, logos, trademarks, data compilations, and APIs — are the exclusive property of Mithril Technologies, Inc. or its licensors and are protected by United States and international copyright, trademark, trade secret, and other intellectual property laws.

You are granted a limited, non-exclusive, non-transferable, revocable license to access and use the Platform for your personal, non-commercial purposes in accordance with these Terms. You may not copy, modify, distribute, sell, lease, reverse engineer, or create derivative works based on the Platform or any of its content without our prior written consent. Programmatic access to Platform data is permitted only through official APIs and subject to applicable rate limits and API terms.

9. Third-Party Services and Links

The Platform integrates with or links to third-party services, including but not limited to Clerk (authentication), Supabase (data infrastructure), Vercel (hosting), blockchain networks (Base/Ethereum), and external data providers. Mithril does not control and is not responsible for the availability, accuracy, or practices of any third-party service. Your use of third-party services is governed by their respective terms and privacy policies.

10. Disclaimer of Warranties

THE PLATFORM IS PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTIES OF ANY KIND, WHETHER EXPRESS, IMPLIED, STATUTORY, OR OTHERWISE. TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, MITHRIL DISCLAIMS ALL WARRANTIES, INCLUDING BUT NOT LIMITED TO IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT, AND ACCURACY OF DATA. WE DO NOT WARRANT THAT THE PLATFORM WILL BE UNINTERRUPTED, ERROR-FREE, SECURE, OR FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS.

Market data, valuations, and pricing information displayed on the Platform are derived from third-party sources and algorithmic models. Mithril does not guarantee the accuracy, completeness, or timeliness of any data. You acknowledge that private market data is inherently uncertain and may differ materially from actual transaction prices.

11. Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT SHALL MITHRIL TECHNOLOGIES, INC., ITS OFFICERS, DIRECTORS, EMPLOYEES, AGENTS, AFFILIATES, OR LICENSORS BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING BUT NOT LIMITED TO LOSS OF PROFITS, LOSS OF DATA, LOSS OF GOODWILL, OR TRADING LOSSES, ARISING OUT OF OR IN CONNECTION WITH YOUR USE OF OR INABILITY TO USE THE PLATFORM, WHETHER BASED ON WARRANTY, CONTRACT, TORT (INCLUDING NEGLIGENCE), STRICT LIABILITY, OR ANY OTHER LEGAL THEORY, EVEN IF MITHRIL HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

IN NO EVENT SHALL MITHRIL'S TOTAL AGGREGATE LIABILITY FOR ALL CLAIMS ARISING OUT OF OR RELATING TO THESE TERMS OR THE PLATFORM EXCEED THE GREATER OF (A) THE TOTAL FEES PAID BY YOU TO MITHRIL IN THE TWELVE (12) MONTHS PRECEDING THE CLAIM, OR (B) ONE HUNDRED UNITED STATES DOLLARS ($100.00).

12. Indemnification

You agree to indemnify, defend, and hold harmless Mithril Technologies, Inc. and its officers, directors, employees, and agents from and against any and all claims, damages, losses, liabilities, costs, and expenses (including reasonable attorneys' fees) arising out of or relating to: (a) your use of the Platform; (b) your violation of these Terms; (c) your violation of any applicable law or regulation; or (d) any transaction or activity conducted through or in connection with the Platform.

13. Governing Law and Dispute Resolution

These Terms shall be governed by and construed in accordance with the laws of the State of Delaware, United States, without regard to its conflict of law provisions. Any dispute arising out of or relating to these Terms or the Platform shall be resolved exclusively in the state or federal courts located in Wilmington, Delaware, and you consent to the personal jurisdiction of such courts.

For any claim where the total amount sought is less than $10,000, either party may elect to resolve the dispute through binding arbitration administered by the American Arbitration Association under its Commercial Arbitration Rules. Each party shall bear its own costs in any arbitration or litigation.

14. Termination

We may suspend or terminate your access to the Platform at any time, with or without cause, and with or without notice. Upon termination, your right to use the Platform ceases immediately. Sections 3, 5, 8, 10, 11, 12, and 13 shall survive any termination of these Terms.

15. Severability

If any provision of these Terms is found to be unenforceable or invalid by a court of competent jurisdiction, that provision shall be limited or eliminated to the minimum extent necessary so that these Terms shall otherwise remain in full force and effect.

16. Entire Agreement

These Terms, together with our Privacy Policy and any additional terms applicable to specific features of the Platform, constitute the entire agreement between you and Mithril with respect to the Platform and supersede all prior or contemporaneous communications, proposals, and agreements, whether oral or written.

17. Contact

If you have questions about these Terms, please contact us at legal@mithril.pro.