Cash vs In-Kind distributions
Distributions can take two forms:
Cash distribution
The most common type. The asset pays cash to investors — your wallet is credited with the cash amount, and you can spend, swap, or withdraw it like any other balance.
In-Kind distribution
Less common, but used in certain situations (typically when an asset distributes shares of an underlying portfolio company rather than selling them and distributing proceeds). Instead of cash, you receive units of another asset — added to your portfolio.
Where they apply
The form of distribution depends on the asset's terms and the deal sponsor's decisions. The asset's offering documents and updates will tell you what to expect.
What you'll receive
For either type, you'll receive an email notification when the distribution is processed, and the transaction is recorded in your statement and your portfolio history.
