BST
BONDL Settlement Treasury
Settlement balances and operating cash that must stay available.
Daily
Liquidity
- Overcollateralized lending on blue-chip assets
- Most conservative, tried-and-tested venues
- Onchain coverage on defined technical events
THE VAULTS
Three vaults, three jobs
Match each dollar to how long it can work, from daily settlement cash to risk capital with a longer horizon.
BCR · THE FLAGSHIP
BONDL Cash Reserve
Diversified dollar income for capital not needed for 6 months or longer.
Monthly
30 days' notice
- Overcollateralized lending, reinsurance credit, digital credit and liquidity pools
- Its own yield engine, not chained to Fed policy
MAX · HIGHER RISK, HIGHER REWARD
BONDL Max
Risk capital that seeks a higher return across multiple blockchains.
3 to 6 mo
Liquidity in months, not years
- Yield arbitrage, fixed-rate positions and liquidity pools
- Ethereum, Solana, Arbitrum, Base, Robinhood and more
- More dynamic, rebalancing often as rates shift
Onchain lending available on all digital assets
WHY NOW
TradFi is already moving onchain
$100T+
Cumulative USDC transaction volume onchain, crossed September 2026
$46B
Tokenized real-world assets across 36 chains, September 2026
208M
Weekly trades on Solana, passing the NYSE's 189M by trade count*
*Solana trades are typically much smaller transactions than NYSE trades. Sources: Circle, Token Terminal, Blockworks, 2026.
HOW IT WORKS
What you know, onchain
BONDL deploys US dollars into onchain versions of instruments institutions already use, then holds them in vaults with committee oversight and real-time monitoring.
Money markets and repo
Onchain lending
Lend dollars against collateral, open 24/7
Treasury strips and zero coupon bonds
Tokenized fixed yield
Lock in a known rate on day one
A market making desk
Liquidity pools
Earn trading fees for supplying both sides
Insurance-linked securities
Reinsurance credit
Earn premiums, bear a share of claims
Preferred stock
Digital credit
A tokenized preferred paying a fixed dividend
WHERE RETURN COMES FROM
Every dollar of return is earned from real economic activity onchain.
Interest paid by borrowers
Fees paid by traders in liquidity pools
The discount on fixed-rate instruments
The rate gap between venues for the same asset
ONBOARDING
How clients get in
STEP 1
Onboard
Complete onboarding and KYC with BONDL.
STEP 2
Fund
Send US dollars by wire, or send USDC directly.
STEP 3
Allocate
Choose BST, BCR, BONDL Max, or a mix.
STEP 4
Hold
Your position stays visible onchain, daily.
Two ways in
Fiat
Wire US dollars; converted to USDC on the way in
USDC
Transfer USDC directly from an existing wallet or account
ONE DISCIPLINE ACROSS ALL THREE
How every vault is managed
Committee approval
Every new sleeve is presented, challenged, and voted on before capital moves.
Small first, then scale
New sleeves enter with an Initial Deployment before receiving more capital.
Real-time monitoring
Automated alerts and triggers on onchain adverse events, around the clock.
Put your capital to work onchain.
Talk to the team about which vault fits your capital.