BOSONIC is a fintech platform that utilizes cross-custodian net settlement and liquidity aggregation to eliminate counterparty credit and settlement risk in digital asset trading. By operating as a FINRA/SEC registered alternative trading system, it enhances capital efficiency and reduces transaction costs for financial institutions engaging in digital asset securities.
Funding
$27.9M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Financial institutions trading digital assets face counterparty credit and settlement risks due to the lack of real-time settlement and the need to prefund capital across multiple custodians and exchanges. This fragmented landscape leads to capital inefficiency and increased transaction costs.
Solution
Bosonic provides a cross-custodian net settlement and liquidity aggregation platform that eliminates counterparty credit and settlement risk in digital asset trading. As a FINRA/SEC registered Alternative Trading System (ATS), Bosonic enables institutions to trade, lend, borrow, and tokenize assets with zero risk and total capital efficiency. The platform streamlines trading across multiple custodians, removing the need for prefunding capital on exchanges. Bosonic's solutions leverage net settlement, repo, and lending capabilities to optimize capital usage, reduce transaction costs, and free up liquidity.
Target Audience
Bosonic primarily serves hedge funds, broker-dealers, market makers, exchanges, lending desks, traditional banks, and custodians operating in the digital asset space.
Features
- Cross-custodian net settlement (CCNS) for managing trades across multiple custodians seamlessly
- Liquidity aggregation providing direct market access (DMA) to various exchanges and market makers
- Repo and lending capabilities for efficient capital utilization
- Support for digital asset securities, including tokenized real-world assets (RWAs)
- FINRA/SEC registered Alternative Trading System (ATS) ensuring regulatory compliance
- Smart Vault for secure digital asset storage
- Trade Desk for efficient trading operations
- Real-time payment vs payment (PvP) atomic execution and settlement
- Cross-margining capabilities