Slide 01 · Cover

The Institutional Market Infrastructure for Tokenized Real-World Assets

Settlr unifies compliance, issuance, and settlement into one programmable stack. We convert fragmented post-trade workflows into atomic, T+0 capital market rails.

T+0

Settlement

DvP

Atomic exchange

KYC

On-chain gating

Financial district skyline
Slide 02 · Problem

Legacy market rails are not built for global digital capital

Settlement latency

T+2/T+3 cycles increase counterparty and liquidity risk.

Operational fragmentation

Clearing, custody, transfer agency, and compliance remain siloed.

High post-trade costs

Manual reconciliations absorb capital and headcount.

Limited accessibility

Cross-border participants still face timing and integration frictions.

Trading terminals and data
Slide 03 · Solution

Settlr Platform Market: compliance + tokenization + settlement

1) Compliance Registry

KYC-approved identities are encoded on-chain before market access.

2) Dual-signoff Issuance

Issuer proposes minting; Custodian confirms reserve backing 1:1.

3) Atomic DvP Settlement

Asset and cash settle simultaneously with deterministic finality.

Institutional operations
Slide 04 · Product Experience

Institutional security with consumer-grade usability

  • • Role-based controls for issuers, custodians, dealers, and investors
  • • No-code workflows for issuance, approvals, and trading
  • • Configurable smart-contract endpoints per market deployment
  • • Full immutable event history for audit and supervision
Analyst reviewing dashboards
Slide 05 · Market Adoption

Adoption is real and accelerating

Inspired by the analytics design language of RWA.xyz, this snapshot highlights institutional-scale momentum in tokenized assets.

Distributed Asset Value

$0.00B

+6.83% (30d)

Represented Asset Value

$0.00B

+1.84% (30d)

Asset Holders

0

+8.32% (30d)

Stablecoin Value

$0.00B

-0.75% (30d)

Top RWA networks by value (illustrative ranking style)

Ethereum$14.8B
BNB Chain$2.3B
Solana$1.7B
Liquid Network$1.5B
Stellar$1.3B
Analytics dashboard

Benchmarks adapted from public data patterns shown on app.rwa.xyz (snapshot-style, Feb 2026).

Slide 06 · TAM / SAM / SOM

Addressable market potential

TAM

$16.2T

Global tokenizable institutional flows (treasuries, funds, bonds, commodities).

SAM

$1.4T

Near-term regulated corridors reachable by current product scope.

SOM (Year 5)

$12B

Projected annual GMV captured through focused institutional expansion.

Market concentration donut (illustrative)

88%

TAM share addressed by SAM + future adjacencies

16%

SAM / TAM

1.3%

SOM / SAM

Ratios shown for storytelling consistency, not audited financial guidance.

Slide 07 · Competition

Competitive landscape

Key peers in tokenized assets and institutional crypto infrastructure include Ondo, Backed (Kraken distribution), Swarm, Fireblocks, BlockInvest, Dinari, and Solotex. The map below is a high-level positioning view for investor discussion.

Competitor Primary Focus Strength Gap vs Settlr End-to-End Model
Ondo Tokenized yield / treasury products Strong product-market fit in on-chain fixed-income wrappers Less focused on full institutional market infrastructure (issuer/custodian/dealer workflow + venue-like settlement stack)
Backed (Kraken ecosystem distribution) Tokenized securities exposure Retail access and exchange distribution power Distribution-led model vs Settlr's compliance-native post-trade + institutional controls architecture
Swarm Regulated tokenized asset marketplace Early regulated market positioning Settlr differentiates with optimization-driven maker incentives and deeper role-separation settlement design
Fireblocks Wallet/custody and institutional transaction rails Institutional-grade custody and orchestration tooling Infrastructure layer, not a dedicated tokenized-market venue with integrated issuance + DvP settlement economics
BlockInvest Tokenization and investment access stack Modular issuance and investment workflows Settlr focus: full market microstructure layer, not only token issuance/distribution
Dinari Tokenized stock access rails Simple product abstraction for equity exposure Settlr adds institutional compliance orchestration and multi-asset post-trade primitives
Solotex US stock access with USDC via regulated broker infrastructure (coming soon) Clear retail/exchange distribution angle and regulated wrapper (Texture Capital / FINRA broker-dealer context) Settlr remains differentiated on institutional multi-role market infrastructure: compliance registry, issuer-custodian separation, and atomic DvP across asset classes
Peer map is illustrative and non-exhaustive, built for strategic positioning in investor materials.
Strategic competition
Slide 08 · Competitive Advantages

Why Settlr outperforms

Maker incentives via optimization

Optimization-driven quoting and inventory management improve spread quality, reduce adverse selection, and align incentives for sustained liquidity provision.

Investor UX: no ETH needed

Gas abstraction and sponsorship allow institutional users to operate without native ETH in their wallet, drastically lowering operational friction.

No-code blockchain interaction

Users run issuance and trading workflows from a guided interface— no manual contract calls, no coding, no Solidity dependency.

Compliance-native architecture

Regulatory controls are encoded at protocol level, making enforcement deterministic, auditable, and scalable across jurisdictions.

Slide 09 · Business Model + Earnings Estimate

Multi-stream monetization with projected profitability path

Revenue streams

  • • Primary issuance fees: 20–60 bps
  • • Secondary settlement fees: 4–12 bps
  • • Compliance module subscriptions (B2B SaaS)
  • • API/data products for risk, reporting, and monitoring
  • • Enterprise integration + premium support

Illustrative Year-3 model:

  • • GMV: $3.0B
  • • Net blended take-rate: 10.5 bps
  • • Transaction revenue: $3.15M
  • • SaaS + data + integration revenue: $2.4M
  • • Total revenue: $5.55M

Projected P&L (illustrative)

Revenue $5.55M
Settlement infra + gas sponsorship $0.72M
Engineering + compliance ops $2.25M
Sales + partnerships $0.95M
G&A $0.48M
Estimated EBITDA $1.15M
43%

Gross margin

13%

EBITDA margin

28%

SaaS mix

Slide 10 · Settlement & Clearing House Cost Benchmark

Cost advantage vs legacy CCP stack (reference-based)

Reference costs from CCP fee schedule

  • • Equity clearing fee (eligible securities): €0.0185–€0.04 per transaction
  • • Equity settlement fee: €0.39 per settlement instruction (up to €0.6139 on Euronext Securities Milan)
  • • Membership fee: €750–€15,000 monthly, depending on volume tier
  • • Bond wholesale MAC: €3,450–€4,000 monthly (single/multi-market)

Source benchmark: fee_schedule_for_ccp_in_force_from_30_june_2025_with_amendments.pdf

Illustrative variable cost comparison

Legacy CCP + settlement (best tier)€0.4085
Legacy CCP + settlement (Milan)€0.6539
Settlr target post-trade equivalent€0.12
Estimated variable-cost reduction: ~70% to ~82% depending on venue and fee tier.
Slide 11 · Milestones, Roadmap & Exit

Execution path toward strategic exit

Roadmap progress Q1 2026 → Q4 2027

Q2 2026

Pilot & audit

Smart contracts audited, first regulated pilot corridor with anchor issuers.

Q4 2026

Commercial rollout

Recurring issuance + settlement revenues across 2–3 asset classes.

Q2 2027

Network scale

Cross-border counterparties onboarded, deeper liquidity, API flywheel growth.

Q4 2027+

Exit optionality

Strategic M&A by exchanges/custodians/market-infra groups, or path to IPO readiness.

Slide 12 · Seed Ask

Proposed seed round: $1.0M for 10% equity

Valuation logic (reasonable & milestone-based)

Equity offered10%
Seed capital requested$1.00M
Implied pre-money valuation$9.00M
Implied post-money valuation$10.00M
Target runway~24 months

This ask balances dilution and execution risk for an institutional infra startup with a built product, quantified cost advantage vs legacy CCP stack, and a roadmap toward commercial rollout and exit optionality.

Use of funds

42% Product, smart contracts, and QA$0.42M
23% Compliance, legal, and licensing$0.23M
20% Go-to-market and partnerships$0.20M
10% Security, cloud, and infra ops$0.10M
5% Working capital buffer$0.05M

Milestone objective before next round: regulated production traction, repeatable issuance flow, and scaled settlement volume.

Slide 13 · Closing

From post-trade friction
to programmable capital markets

Market adoption is visible, cost compression is quantifiable, and the roadmap is executable. Settlr is positioned to become a core infrastructure layer for institutional RWAs.

Pitch Deck