After Settlement at DAS

​Off-exchange settlement has become the standard for institutional trading on crypto venues, and this week was another reminder of why: collateral posted to a venue shares the venue's withdrawal risk, and it stays there until withdrawals reopen.

​Off-exchange settlement today means collateral moves from the venue to the custodian. The counterparty changes, and the risk remains. Nothing settles across custodians, across venues, or from self-custody.

​OneBalance OES is the neutral alternative. Collateral stays with a custodian of choice, or in self-custody, locked in a cryptographically verifiable on-chain escrow that no provider's balance sheet touches.

​Join us for an evening with trading firms, venues, and custodians on what off-exchange settlement should look like next. Places are limited; request a seat below.