This has been a long time coming. Today marks a major milestone for institutions looking to onboard onto onchain derivatives. We’re opening up our off-exchange, custody-agnostic solution with Strands.

Institutions want onchain derivatives exposure without changing how they custody assets. Until now, DeFi has forced a trade-off: move assets, wrap them, or accept bridge risk. We’re establishing a new precedent.

How does it work? Assets stay with the custodian. Cold storage never changes, so no bridging, no wrapping and no smart-contract risk to principal. Custodial balances are referenced, a 1:1 onchain proxy is issued for margining, and burned on exit. This is a ClearLoop-style solution that works with all major custodians.

We’re opening this off-exchange custody model to select partners. If you run institutional capital and want onchain derivatives without custody compromises, message us. Read more here:

@StrandsFinance DeFi solving problems created by TradFi. The irony is delicious. Still, pragmatism wins. This could unlock serious capital.

@StrandsFinance @Scaramucci if you haven't researched @DeriveXYZ you need to. The tech they have built for Defi, Options and now this solution...Way to go Derive team always building 👏👏

@StrandsFinance This is awesome. Gamechanger.

@StrandsFinance This is big!! 💪