Investment strategy

First cheque. Marked book.

We write early when the operator already produces a book we can mark. Size follows the pipe, not the round.

First institutional money into clearing, risk, credit, and desk tools. We do not lead a story that still needs a market.

Information rights. Board observer when the book needs a second pair of eyes. Founders keep the wheel.

Asia for operations. Counterparties anywhere the wire clears in dollars.

Patient. We do not publish a banner APY. We send a quarterly letter.