Frigg.eco

Frigg.eco is an Ethereum-linked marketplace and transaction system for debt, equity, or hybrid financing of renewable-energy projects. Its default security tokens represent legal claims on the underlying real-world assets. The 2026-08-16 survey measured about $183,000, or 0.18% of the size floor used at the time. The protocol is below the size floor, so we will not open an individual review until it clears that floor. That review must cover the legal claim, project underwriting, qualified-investor access, issuer performance, and thin secondary exits before the venue can absorb an advisory practice’s book.

Review triggers: events that reopen the verdict
• TVL sustained above the retired TVL threshold for 30 days

Watched nightly: a warning on its venues or files, or a cited document that changes, reopens the memo. The first confirmation is due 2026-11-15.

The research file

Mechanism applicability

Frigg connects project developers with investors, reviews documented renewable projects, and lets issuers structure debt, equity, or hybrid deals. Its FAQ says investments are tokenized by default as security tokens that represent legal claims on renewable-energy assets. Investors face project-finance credit or equity risk, not permissionless crypto yield.

Control and access applicability

Frigg markets the deals to institutional or qualified investors. Developers set the deal terms and security packages, while Frigg provides assessments and the transaction process. The marketplace states that each investor must make the final due diligence decision. Token transfers do not replace review of the issuer, project SPV, legal claim, jurisdiction, and servicer.

Exit applicability

Frigg says tokens transfer to an investor wallet after registration and investment and can support secondary sales. It does not promise continuous bids, par redemption, or a fixed liquidation window. The public project list shows bespoke loans and projects in development, construction and operation, so each deal may offer a different and potentially thin exit.

Why the dossier still applies

DefiLlama measured $182,532 on Ethereum on 2026-08-16, only 0.18% of the size floor used at the time. Frigg is below the size floor despite its much larger public project pipeline, so we will not open an individual review until it clears that floor. Reopen only after protocol TVL, not pipeline value, stays above the size floor for 30 days. Then review each legal issuer, payment waterfall, transfer restriction and exit.

Research status

This is a capacity-unproven record for Frigg.eco, not a quality rejection or approval. Reported TVL says how big the venue is, not what the client owns, who can change the rules, or how a position exits at a proposed size. The individual review opens when the protocol clears the size floor.

Sources

The claims above trace to these. Where a number could not be independently verified, the thesis says so.

• Frigg — frequently asked questions · primary · accessed 2026-08-16
  Supports: qualified-investor perimeter, security-token legal claims, debt and equity issuance
• Frigg — transactions · primary · accessed 2026-08-16
  Supports: issuer-defined security package, registration and token transfer, secondary transactions
• Frigg — marketplace · primary · accessed 2026-08-16
  Supports: investor due-diligence responsibility, project review workflow, access-controlled documentation
• Frigg — public project pipeline · primary · accessed 2026-08-16
  Supports: project lifecycle statuses, bespoke project loans, pipeline is not protocol TVL
• DefiLlama — Frigg.eco survey record · secondary · accessed 2026-08-16
  Supports: $182,532 TVL, Ethereum perimeter, RWA category

Inherited controls

The research above describes the protocol layer. Every position also inherits the asset it holds and the chain it settles on. The layer with the most administrative power sets the position’s effective control; that describes control, not quality or suitability.