The F2K Capital Stack
One Housing System.
Three Capital Engines.
F2K is building Australia's only end-to-end modular housing delivery system: vendor-financed land in, certified offshore modular supply through, tokenised institutional ownership out. Three businesses. One value chain. Each fundable independently. Each compounds the others' value.
The Three Engines
OMQ · DAF · GREH Fund 1
Engine 1 — The Platform
OMQ
Offshore Modular Qualified — Manufacturer Prequalification
A two-sided platform where Australian developers, builders and state housing authorities find pre-vetted, typology-matched offshore modular building manufacturers — the prefab housing factories in China, Vietnam and Malaysia that ship volumetric or panelised units to Australian sites. Membership on the platform is the valuable result: factories earn it through structured certification, buyers gain a continuously monitored panel they can trust. Multi-language support removes the language barrier. The audit ladder progresses from human-led today to AI-assisted to self-registration within 36 months — adding certification curriculums and continuous monitoring as the platform scales.
Engine 2 — The Land
DAF
Developer Acquisition Fund
A committed acquisition facility funding vendor-financed buy-ins of late-career Australian developer principals with entitled land banks and no succession. F2K acquires effective control of the land bank and project pipeline for 5–15% upfront — the balance is repaid from project proceeds. Two transactions executed (Humfrey, Barr).
Engine 3 — The Ownership Pool
GREH Fund 1
Government & Regional Employee Housing
F2K's tokenised Managed Investment Scheme. ERC-3643 F2K-GEH security tokens over completed, leased modular dwellings on F2K-controlled land. Quarterly USDC distributions, on-chain NAV. Currently in pre-AFSL waitlist mode — Register of Interest only.
The Flywheel
How the Engines Feed Each Other
DAF acquires entitled land banks
Vendor-financed buy-ins of late-career developer principals deliver pre-entitled land at 5–15% upfront. The land bank itself is the collateral.
OMQ supplies certified offshore modular housing manufacturers
Pre-qualified, audited, typology-matched prefab housing factories deliver volumetric or panelised modules to F2K-controlled sites. Multi-language support removes the language barrier. F2K manages the Australian certification pathway end-to-end.
F2K integrates and delivers
F2K earns its 12% integration fee only on delivery. Founders, investors, and the integrator are aligned on the same outcome — homes delivered.
GREH tokenises the completed dwellings
Government and regional employer leases produce predictable rental cash flow. F2K-GEH tokens distribute quarterly USDC. NAV is published weekly on-chain.
Returns recycle into the next acquisition
Integration fee margin and DAF repayment cash flow fund the next land bank. The flywheel compounds.
Anchor investors in any single engine receive right-of-first-offer on the next.
Already Proven
This Is Not a Slide Deck
DAF
Two transactions executed — Barry Humfrey and Bob Barr. Long-standing developers, both retain Director / Consultant roles. Both transactions structured as vendor-financed buy-ins. Templates for national rollout.
OMQ
720-point modular building factory assessment scorecard (v1.0) operational. First three offshore modular factory audits identified. Unison Modular confirmed as in-country technical partner. Active engagement with state housing authorities across every state and territory; WA, VIC and Tasmania the most advanced.
GREH
Token platform built on ERC-3643 (Tokeny T-REX). On-chain identity registry (ONCHAINID) and Sumsub KYC integrated. Pre-AFSL Register-of-Interest waitlist live.
Three Investor Entry Points
Where Do You Fit?
I am a private credit fund or family office
Senior secured facility, 12–18% target
I am a proptech / RWA / construction-tech VC
Seed equity in the platform — opens new site
I am an s708 wholesale or crypto-native HNW investor
Tokenised MIS units (pre-AFSL — Register of Interest)
You can engage with one engine, two, or all three. Anchor commitments across multiple engines unlock co-investment rights and observer-board positions.
This page is a confidential summary for preliminary discussion with prospective wholesale and sophisticated investors only within the meaning of section 708 of the Corporations Act 2001 (Cth). It does not constitute a Product Disclosure Statement or offer to the public. Forward-looking statements and target returns are objectives, not guarantees. Independent advice should be obtained before making any investment decision.