From dollars to on-chain yield, in three steps.
Strata compresses a decades-old securities pipeline — issuance, custody, settlement, distribution — into three programmable steps. No intermediaries collecting spread, no opaque waterfalls.
Deposit
Fund your position via wire, stablecoin, or existing custodian.
Institutional onboarding is completed by regulated partners with full KYB/KYC and sanctions screening. Wire USD to a segregated account at BNY Mellon or bridge USDC / USDT to a whitelisted vault address. Minimum institutional deposit: $250,000. No minimum for qualified accounts.
Tokenize
Receive sSTRT — a 1:1 claim on the underlying reserve pool.
The protocol mints permissioned ERC-20 tokens (sSTRT for Treasuries, sSTRT-C for credit) representing your pro-rata share of the reserve pool. Transfers are restricted to whitelisted counterparties, enabling composability with regulated DeFi while preserving compliance guarantees.
Earn
Yield accrues daily. Redeem at NAV, 24/7.
The reserve portfolio — actively managed by an SEC-registered investment advisor — generates yield from short-duration U.S. Treasuries and investment-grade credit. Yield accrues to the token price daily. Redemptions settle to USD or stablecoins on demand, subject to available liquidity buffers.
Real assets. Real accounts. Real audits.
Every position is backed by securities held in a bankruptcy-remote SPV at a qualified custodian. On-chain balances mirror the off-chain trust ledger, reconciled block by block. If the protocol were to sunset, holders would recover proceeds pro-rata under the SPV's trust deed.
See it in production.
Open a live position in under two minutes.