Company: DEFI
Filing Date: 2025-03-27
Form Type: 424B3
Source: 0001999371-25-003249
Chunk: 141

Company: Tidal Commodities Trust I
Filing Date: 2025-03-27
Form: 424B3
Chunk 141
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 accounts and any necessary subaccounts on the digital assets networks solely
for the Fund (the “Bitcoin Accounts”). The Bitcoin Custodian will follow valid instructions to use its security factors
to effect transfers from the Bitcoin Accounts.

The BitGo Custodial Services Agreement between
the Bitcoin Custodian and the Trust governs the use of custodial and wallet services provided by the Bitcoin Custodian. Under this
agreement, the Bitcoin Custodian establishes and maintains custody accounts for the client’s digital assets and fiat currency,
offering both custodial and non-custodial wallet services.

The agreement has an initial one-year term
with automatic renewal for successive one-year periods unless terminated earlier. Termination can occur under various conditions,
including a party’s material breach or by either party’s decision with prior notice. The Bitcoin Custodian is also
authorized to suspend or terminate services based on legal requirements, suspected prohibited uses, or operational risks.

The agreement continues to obligate the
Bitcoin Custodian to maintain insurance coverage. The Bitcoin Custodian is only responsible for losses that are a direct result
of its own gross negligence, fraudulent actions, or intentional misconduct. The agreement also includes provisions for confidentiality,
data security, indemnification, and limitations of liability. The governing law for the agreement is the laws of the State of South
Dakota.

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 Agreement among the Marketing Agent, the Sponsor, and the Trust calls for the Marketing Agent to work with the Cash 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 U.S. Securities and Exchange Commission
(“SEC”) and a member of FINRA.

Under the Marketing Agent Agreement, the
Trust engaged the Marketing Agent to perform marketing services. The Marketing Agent is registered as a broker-dealer under the
Securities Exchange Act of 1934 and a member of FINRA.

The Marketing Agent’s services include
assisting with Authorized Participant Agreements, maintaining creation and redemption order confirmations, providing Prospectuses
to Authorized Participants, ensuring compliance with SEC and FINRA advertising rules, and