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Investors

Backed by
  • Tether
  • Draper Associates
  • Fulgur Ventures
  • Ego Death Capital
  • Anchorage Digital
  • Epoch
  • Axiom Ventures

Markets need a shared foundation

The world’s oldest capital markets were built on a common set of rules for entering and settling trades, and digital markets need them too.

Our products turn digital money into productive capital through shared standards.

Income, protection, and financing, built for Bitcoin

Bitcoin capital has reached institutional scale. Build products that generate income, manage risk, and expand access to capital.

Income

Put Bitcoin market demand to work through options-based strategies and yield products with defined terms and market-based pricing.Explore Options Vaults

Protection

Manage exposure through changing markets using defined-payoff products designed for specific risks and time horizons.Explore hashprice options

Financing

Connect borrowers, lenders, and liquidity through standardized loan terms and lender receipts.Explore Bitcoin financing

Options Vaults

BTC/USD options for income and protection

Options Vaults begin with BTC/USD options for writers: covered calls against BTC holdings and secured or limited puts with defined collateral, strikes, and maturities. Later series can open long calls and puts to buyers seeking defined protection or market exposure.

Explore Options Vaults
OPTIONS VAULTS · BTC/USDEUROPEAN-STYLE · WRITER-LED
Positions
Short side
Pricing
RFQ
Settlement
Physical
BTC covered call

Earn a market-set premium

Post BTC against a defined notional, strike, and maturity.

USD-secured put

Set a BTC purchase price

Post USD-denominated collateral against a defined BTC/USD strike.

Limited BTC put

Bound the collateral committed

Define a put position with the writer's loss capped at the BTC posted.

Limited strikes and maturitiesNon-transferable contractsMarket-maker RFQOracle-price settlement

Each series depends on participating market makers and approved oracle inputs. USD-secured puts also require a suitable stablecoin.

For your business

Treasuries

Generate income, manage risk, and access liquidity from your Bitcoin treasury

  • Income strategies
  • Downside protection
  • Secured financing
Discuss an opportunity
  • Treasuries

    Generate income, manage risk, and access liquidity from your Bitcoin treasury

    • Income strategies
    • Downside protection
    • Secured financing
    Discuss an opportunity
  • Miners

    Manage mining revenue risk and access capital for growth

    • Hashprice options
    • Premium strategies
    • Growth financing
    Discuss an opportunity
  • Custodians

    Give clients more ways to put Bitcoin holdings to work

    • Client vault access
    • Collateralized financing
    Discuss an opportunity
  • Trading Firms & Market Makers

    Extend your pricing and liquidity into new markets

    • Options pricing
    • Vault liquidity
    Discuss an opportunity
  • Lenders & Originators

    Coordinate BTC-backed lending through defined terms and lifecycle state

    • Bilateral credit
    • Lender receipts
    Discuss an opportunity

Bitcoin’s financial role is expanding

Tether InvestmentsStrategic investor in Ark Labs
On Ark Labs

“Ark Labs is creating the foundation of an open financial infrastructure on Bitcoin, enabling instant, programmable transactions for users and financial institutions.”

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Quote 1 of 3: Tether Investments, Strategic investor in Ark Labs
Built on
Arkade

An open standard for financial products

Build products with programmable execution and Bitcoin settlement on open, neutral infrastructure.

Launch a Bitcoin product or program

Bring the opportunity. Build around the market, customers, and counterparties you already know.