Bridging

How cross-chain transfers of fund assets affect NAV.

Bridging refers to the movement of a fund's assets between its Safes on different chains, letting operators rebalance liquidity or deploy capital across networks. Because a fund's Portfolio Safe has the same address on every chain (a deterministic property of the factory), bridged assets stay within the fund's own custody on both sides.

While a bridge transaction is in progress, the assets are in transit — they have left the source chain but have not yet arrived on the destination chain, so during that window they are not reflected in either chain's balances. The global NAV (the sum of per-chain NAVs) therefore temporarily under-counts by the in-flight amount until the transfer settles.

A global NAV taken while a bridge is mid-flight is incomplete and is not a true representation of the fund's value; it must not be used to settle subscriptions or redemptions until the transfer completes on the destination chain. See Calculate share price.