Syntetika Debuts Onchain Hub for Regulated BTC Strategies

Syntetika has officially opened its platform to bring regulated investment strategies onto the blockchain. The debut feature is a BTC Basis+ strategy managed by the Hilbert Group, which is a publicly traded firm. This strategy aims to generate returns by capturing the funding spread between Bitcoin spot and futures markets, with all profits denominated in Bitcoin.

The platform operates by allowing users to deposit assets directly from their wallets. Once deposited, these funds are moved into a regulated fund structure featuring independent custody and third party verification of asset values. Participants receive vault tokens that represent their share in the fund, and these tokens can be issued or redeemed based on the attested value of the assets.

To ensure transparency, Syntetika plans to use Chainlink Proof of Reserve, allowing anyone to verify the assets backing the vault tokens. The platform is built on Base and includes support from partners such as Tulipa Capital, Ember Protocol, and Yield Network.

Syntetika CEO Jorge Cuartero stated that the launch marks the beginning of a larger roadmap for hosting various regulated financial strategies onchain. The BTC Basis+ vault is currently open for deposits for those looking to engage with this strategy.