Where your assets live

Institutional custody starts with one rule · client assets are held in legally distinct accounts from the operating capital of the firm that books the trade. The two pools never share a ledger entry. The point is not bookkeeping hygiene · it is bankruptcy isolation. If the operating entity fails, client assets are remote from the estate of the failed firm and remain identifiable as client property, not unsecured claims.

The convention is codified in the United States by SEC Rule 15c3-3 · the broker-dealer customer-protection rule · which requires segregation of customer securities and cash from the broker's proprietary holdings. Equivalent doctrines exist across MiFID II in Europe, the SFA in Singapore, and the Conduct of Business regime under the ADGM FSRA. OLTA studies each of these as the floor, not the ceiling.

On-chain crypto assets are segregated through dedicated wallet structures · each client's entitlement is bookkept against on-chain custody addresses controlled exclusively for client positions, separate from any operating wallet. Tokenized equities are segregated at the broker layer through custodian sub-accounts that map one-to-one to the client of record. The same isolation principle, applied across two settlement rails.

Segregation only works if it is auditable. The framework presumes periodic third-party attestation of both the wallet structure and the broker sub-account hierarchy, on a cadence that aligns with the reporting expectations of institutional allocators rather than the lighter touch typical of retail crypto venues.

OLTA is studying custody-relevant regulation across the five jurisdictions below. Each row carries the primary framework and OLTA's current posture. The posture verbs are deliberately conservative · this is the preview phase and the operational stack is being finalised, not a roster of completed engagements.

A single-jurisdiction custody footprint is a single point of regulatory failure. The lesson from the 2022 to 2024 cycle is that crypto-native venues concentrated in one perimeter were repriced sharply the moment that perimeter shifted · a rule reinterpretation, an enforcement action, or a license freeze in the home jurisdiction translated directly into client access risk. The institutional answer to that risk is geographic diversification of the custody stack, not optimization for the lightest-touch regime.

OLTA's posture is to layer coverage across regulator-aligned jurisdictions rather than concentrate in one. The framework presumes a primary operating perimeter, a secondary perimeter in a structurally different regulatory family, and read-only continuity arrangements that preserve client access if either perimeter shifts. The composition is deliberately conservative · the goal is not to multiply licences for marketing weight but to make the custody surface robust to any single regulator reinterpreting the rules.

The same logic applies inside a perimeter. Crypto custody and tokenized-equity custody are functionally distinct activities supervised by different rule sets · a venue that solves one well is not automatically credible on the other. The framework treats them as two parallel stacks, each with its own qualified counterparty under its own regulatory anchor, rather than pretending a single integrated provider answers both questions.

OLTA is in public preview. The funds visible across the indices, the trade surface and the portfolio view are simulated · no real capital is at risk on this surface. The preview banner above the application reiterates this on every page, and the methodology rulebook documents the engine assumptions that drive the displayed numbers.

The operational counterparties · the qualified crypto custodian, the tokenized-equity broker, and the settlement venue · are being finalised. The selection process is being run against the criteria documented in this framework · segregation discipline, regulator coverage across the studied jurisdictions, audit cadence, and the institutional reporting profile required by allocator due-diligence desks. Specific provider names are confidential to prospective partners while diligence is in flight.

Mainnet settlement is scheduled for H1 2027. The operational roadmap is documented internally in the master rapport reconciliation file and shared with prospective partners under NDA. Allocators evaluating OLTA for institutional mandates may request the detailed custody framework on a confidential basis · reach out via the contact form on olta.finance.