Trust & Security
When dealing with money, trust and security are always important. In crypto, these issues are even more top of mind. We therefore wanted to highlight a few of the many ways we are committed to maintaining your trust and the security of your funds.
Institutional Partners
In both traditional finance (TradFi) and on-chain finance, the operation of any fund involves a complex network of collaborators, including asset managers, custodians, fund administrators, counterparties, and legal teams. This network expands significantly when bridging on-chain capital with off-chain assets, underscoring the importance of having the right partners.
At OpenStreet, we prioritize partnerships with the most reputable and established entities across all operational facets. Consider our SpaceX Fund as an example—it invests in SpaceX shares, which are securely held by Citibank, one of the largest custodians in the financial marketplace. Our expertise in fund administration within the alternative investments sector further enhances our capability to manage these assets effectively.
While the specifics may vary across our different funds, the underlying principle remains constant: we engage only with high-quality institutional partners to ensure excellence and reliability in all our offerings.
Transparency & Disclosure
We uphold the belief that transparency and disclosure standards in on-chain finance should be on par with, if not exceed, those in traditional finance (TradFi). We strive for openness in all aspects of our products and protocols. For instance, a visit to the product page for any of our funds provides comprehensive insights, including the investment strategy, details of the underlying portfolio, risk assessments, and outcomes of regular fund audits.
Technically, we maintain transparency regarding the audit status of all significant code, ensuring that our systems adhere to the highest standards of security and reliability. Additionally, OpenStreet and its associated entities routinely undergo financial and information security audits, the results of which are available to authorized parties upon request. This commitment to transparency reinforces our dedication to building trust and integrity within the on-chain finance ecosystem.
Legal & Regulatory Compliance
OpenStreet is deeply committed to legal and regulatory compliance. We adopt a conservative approach to risk management, diligently designing our products to align with stringent compliance standards. This involves extensive consultations with a diverse array of legal, tax, and regulatory experts, ensuring our regulatory posture remains conservative and well-grounded. Our meticulous approach underscores our dedication to operating within the bounds of regulatory frameworks, guaranteeing the integrity and reliability of our offerings.
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