Company: DEFI
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001999371-25-006264
Chunk: 13

Company: Tidal Commodities Trust I
Filing Date: 2025-05-15
Form: 10-Q
Item: Item 8
Chunk 13
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 wallets and
will not be commingled with the assets of other customers. The Bitcoin Custodian has an insurance policy that covers, at least
partially, risks such as the loss of client assets held in cold storage, including from employee collusion or fraud, physical
loss including theft, damage of key material, security breach or hack, and fraudulent transfer.

Marketing
Agent

The
Fund employs Foreside Fund Services, LLC, a wholly-owned subsidiary of Foreside Financial Group, LLC (d/b/a ACA Group) as the
marketing agent for the Fund (the “Marketing Agent”). The Marketing Agent Agreement among the Marketing Agent and
the Trust calls for the Marketing Agent to work with the Custodian in connection with the receipt and processing of orders for
Creation Baskets and Redemption Baskets and the review and approval of all Fund sales literature and advertising material. The
Marketing Agent’s principal business address is Three Canal Plaza, Suite 100, Portland, Maine 04101. The Marketing Agent
is a broker-dealer registered with the SEC and a member of FINRA.

Support
Agent

The
Administrator also assists the Fund and the Sponsor with certain functions and duties relating to administration and marketing,
which include the following: marketing and sales strategy and marketing related services.

Digital
Asset Adviser

Hashdex
Asset Management Ltd. (“Hashdex” or the “Digital Asset Adviser”) is a Cayman Islands investment manager
(and an exempt reporting advisor under SEC rules) that specializes in, among other things, the management, research, investment
analysis and other investment support services of funds and ETFs with investment strategies involving bitcoin and other crypto
assets. As Digital Asset Adviser, Hashdex is responsible for providing the Sponsor and the Administrator with research and analysis
regarding bitcoin and bitcoin markets for use in the operation and marketing of the Fund. Hashdex has no role in maintaining,
calculating or publishing the Benchmark. Hashdex also has no responsibility for the investment or management of the Fund’s
portfolio or for the overall performance or operation of the Fund.

Note
3 – Transactions with Affiliates

The
Trust has no directors, officers or employees and is managed by the Sponsor. The Administrator is a wholly-owned subsidiary of
the Sponsor.

Note
4 – Financial Highlights

The
following tables present per unit performance data and other supplemental financial data for the three months ended March 31,
2025 and 2024. This information has been derived from information presented in the financial statements and is presented