Active treasury management with disciplined execution

Treasury mandates are tailored to each organisation's goals, risk appetite, and governance structure, with full non-custodial execution.

Treasury assets under management

$158,897,200

Trusted by leading onchain organisations

Treasury mandates are built around three core disciplines

Allocation

Diversified allocations across DeFi strategies within risk boundaries defined by each client's IPS. Actively managed to stay aligned with long-term goals.

Allocation

Diversified allocations across DeFi strategies within risk boundaries defined by each client's IPS. Actively managed to stay aligned with long-term goals.

Token Liquidity

Liquidity strategies to diversify treasury holdings and support protocol growth, including Protocol Owned Liquidity, token buyback programmes, and market-maker management.

Token Liquidity

Liquidity strategies to diversify treasury holdings and support protocol growth, including Protocol Owned Liquidity, token buyback programmes, and market-maker management.

Execution

All mandates are executed non-custodially, with onchain policies defining the permissions and safeguards governing every transaction. Assets remain in client's custody at all times.

Execution

All mandates are executed non-custodially, with onchain policies defining the permissions and safeguards governing every transaction. Assets remain in client's custody at all times.

Treasury mandates follow a structured process across three stages

Vision and strategy

Financial diagnostics

Full assessment of treasury health: asset composition, concentration risk, runway, and liquidity profile.

Investment policy statement

Co-drafted with the client's team and governance stakeholders. Sets permitted asset classes, risk limits, liquidity requirements, and reporting obligations.

Treasury execution

Onchain policy deployment

Whitelisted assets, protocols, and chains are defined with the client, then encoded as onchain policies within their Safe.

Asset allocation

Diversified allocations across DeFi strategies within the risk boundaries set by the IPS.

Reporting and Governance

Financial reporting

Monthly, quarterly, and annual reports for both internal teams and public governance forums.

Governance participation

Active participation in onchain governance with significant delegations across market-leading protocols.

Treasury mandates follow a structured process across three stages

Vision and strategy

Financial diagnostics

Full assessment of treasury health: asset composition, concentration risk, runway, and liquidity profile.

Investment policy statement

Co-drafted with the client's team and governance stakeholders. Sets permitted asset classes, risk limits, liquidity requirements, and reporting obligations.

Treasury execution

Onchain policy deployment

Whitelisted assets, protocols, and chains are defined with the client, then encoded as onchain policies within their Safe.

Asset allocation

Diversified allocations across DeFi strategies within the risk boundaries set by the IPS.

Reporting and Governance

Financial reporting

Monthly, quarterly, and annual reports for both internal teams and public governance forums.

Governance participation

Active participation in onchain governance with significant delegations across market-leading protocols.

Every mandate starts with a conversation.
Tell us about your treasury, your goals, and your constraints.

Speak with us

Case studies

dYdX

Staking programme design and execution

dYdX

CoW

Treasury management and growth

CoW

View all

Treasuries

Oct 20, 2026

KPK Treasury Report: September 2026

Treasuries

Sep 24, 2026

KPK Treasury Report: July and August 2026

Treasuries

Aug 17, 2026

Active treasury management with disciplined execution

Trusted by leading onchain organisations

Treasury mandates are built around three core disciplines

Allocation

Allocation

Token Liquidity

Token Liquidity

Execution

Execution

Treasury mandates follow a structured process across three stages

Financial diagnostics

Investment policy statement

Onchain policy deployment

Asset allocation

Financial reporting

Governance participation

Treasury mandates follow a structured process across three stages

Financial diagnostics

Investment policy statement

Onchain policy deployment

Asset allocation

Financial reporting

Governance participation

Every mandate starts with a conversation.
Tell us about your treasury, your goals, and your constraints.

Case studies

dYdX

dYdX

CoW

CoW

Related articles

KPK Treasury Report: September 2026

KPK Treasury Report: July and August 2026

H1 2026 Treasury Review: ENS, CoW DAO, Balancer, Nexus Mutual and dYdX

Active treasury management with disciplined execution

Trusted by leading onchain organisations

Treasury mandates are built around three core disciplines

Allocation

Allocation

Token Liquidity

Token Liquidity

Execution

Execution

Treasury mandates follow a structured process across three stages

Financial diagnostics

Investment policy statement

Onchain policy deployment

Asset allocation

Financial reporting

Governance participation

Treasury mandates follow a structured process across three stages

Financial diagnostics

Investment policy statement

Onchain policy deployment

Asset allocation

Financial reporting

Governance participation

Every mandate starts with a conversation. Tell us about your treasury, your goals, and your constraints.

Case studies

dYdX

dYdX

CoW

CoW

Related articles

KPK Treasury Report: September 2026

KPK Treasury Report: July and August 2026

H1 2026 Treasury Review: ENS, CoW DAO, Balancer, Nexus Mutual and dYdX

Every mandate starts with a conversation.
Tell us about your treasury, your goals, and your constraints.