Research
Lending against private funds is a massive market still running on bespoke legal agreements, manual monitoring, and slow enforcement. We research how the process works today, where the cost sits, and how technology can make it cheaper and faster without weakening the structural protections lenders require.
Research·April 2026
Lending Against LP Interests in Private Funds
How lenders extend credit to investors against their fund interests today, where the cost and friction sit, and how technology makes it cheaper and faster.
Research·May 2026
Tokenized Collateral in US Bankruptcy
Why on chain lending as currently designed cannot deliver recovery certainty against a US borrower, and the legal infrastructure that does.