Gearbox
Gearbox provides institutional credit infrastructure for tokenized real-world assets and stablecoins, enabling margin lending, prime brokerage, and portfolio loans through segregated credit accounts. The platform natively enforces issuer-side compliance requirements, transfer rules, and per-position intervention controls without wrappers or protocol-level bypasses. It has processed over $12 billion in transaction volume since 2021.
- Blockchain & Cryptocurrency
- Financial Technology
- Web3 & NFTs
- Regulatory & Compliance Technology
- Software Only
Funding
Founders
Founder details are not available yet.
Product
Problem
Tokenized real-world assets (RWAs) carry issuer-specific compliance requirements, transfer restrictions, and lifecycle rules that standard DeFi lending pools cannot accommodate. Traditional lending infrastructure forces asset issuers to either bypass their own compliance controls or rely on wrappers that distort native asset flows, limiting the growth of RWA lending and stablecoin utilization.
Solution
Gearbox provides purpose-built institutional credit infrastructure for RWAs, enabling margin lending, prime brokerage, and portfolio loans through segregated credit accounts. These accounts function as standard wallets that natively enforce token whitelists, transfer rules, and issuer-side compliance requirements without wrappers or protocol-level bypasses. The platform adapts to each asset's native flows, supporting complex permission structures, lifecycle events, and regulatory actions such as freezes or seizures at the individual position level. For stablecoin issuers, Gearbox supplies a full borrow-side product stack including leveraged yield, direct issuer integrations, and RWA strategies to drive organic utilization beyond yield-chasing.
Target Audience
Primary customers are tokenized security issuers, stablecoin issuers, and institutional lenders seeking compliant credit infrastructure for real-world asset markets.
Features
- Segregated credit accounts that act as standard wallets while enforcing token whitelists and transfer rules natively
- Direct inheritance of issuer-side compliance requirements, with every transfer routing through the issuer's own compliance checks
- Integration with issuer subscription and redemption contracts for face-value swaps without DEX dependency or price impact
- Per-position intervention controls enabling freezes, ownership transfers, or seizures without pausing the entire market
- Modular enforcement mechanisms for freezes, transfers, and compliance actions without changing core contracts
- Full stablecoin product stack including leveraged yield, credit, and prime-brokerage strategies deployable across multiple chains
- Multichain deployment capability for money markets, Credit Accounts, and strategy libraries on any chain where the stablecoin operates