Professional Investor
Under EU/international regulations, an investor with sufficient experience, knowledge, and expertise to make independent investment decisions and assess risks.
Full Definition
Professional investors, as defined by MiFID II and similar international frameworks, include institutional investors (banks, funds, pension schemes), large corporations meeting asset/turnover thresholds, and individuals who opt-in based on qualitative criteria (transaction frequency, portfolio size, professional experience). Many security token offerings outside the US are structured for professional investors only to reduce regulatory burden.
Why It Matters
If you're outside the US, you don't need to meet US accredited investor thresholds. Instead, Sails.to offerings are available under Regulation S to professional investors as defined by your local jurisdiction.
This typically means institutional investors, high-net-worth individuals, or those with professional financial experience. The exact criteria vary by country, but the principle is the same: ensuring investors understand the risks of private securities offerings.