# kaal:claim:5886342-020

**Claim.** A digital pledge is constructed as a bankruptcy remote preferential right over a digital object, giving the pledgee priority that survives the pledgor's insolvency.

**Type.** definitional  **Support.** asserted

**Source quote.**

> (1) A Digital Pledge is a bankruptcy-remote prefer- ential right on a Digital Object.

**From.** Furrer Andreas, Wulf A. Kaal, Stephan D. Meyer, *Universal Digital Law Codex (UDLC)* (2025), Part B, Book II, Section 3, Chapter 3, Article 37 Digital Pledge of Digital Objects, page 10

**Cite as.** Furrer Andreas, Wulf A. Kaal, Stephan D. Meyer, Universal Digital Law Codex (UDLC) (2025). SSRN: https://ssrn.com/abstract=5886342

**Verify.** sha256 of source PDF `dc456a1ce2ea4a356dbcb35dc900ec36be94b8c9b6da4a2c8c268d6301f66359` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Andreas%20et%20al.%20-%202025%20-%20Universal%20Digital%20Law%20Codex%20%28UDLC%29.pdf

**Topics.** systemic-risk

**Keywords.** digital-pledge, collateral, bankruptcy-remoteness, secured-transactions

**Canonical form.** This markdown file is the canonical hashed representation of the claim. Its sha256 is the content hash used for attestation.