5 min read
A RYDA share is a membership interest in a single-purpose LLC that holds title to one specific vehicle. Not a security, not a timeshare, not a token.
When you buy a RYDA share, you become a member of a single-purpose LLC that holds clear title to one specific car or yacht. Your share is a membership interest in that LLC, recorded on the LLC's member register, governed by the operating agreement you sign at closing. It's not a financial instrument issued by RYDA. It's not a token on a blockchain. It's not a right to use the car for a fixed week each year (that's a timeshare). And it's not a stake in RYDA the company. The distinction matters for taxes, for exit timing, and for what you can actually expect from us.
The full text of this article is in our editorial calendar and lands in the weeks ahead of Q3 launch. Until then, the intro above captures the shape of the answer. For an immediate response, the team is at support@ryda.pro.