Create and redeem fund shares in one step, at the official value.
Trading firms that create and redeem fund shares and keep their price close to fund value.
What’s in it for you.
No next-day wait
Basket and shares settle together in one transaction, instead of T+1 through a clearing house.
Less capital tied up
Instant settlement means less money waiting, so you can quote tighter and trade more.
One signed value
Every creation and redemption is struck at the signed fund value, with the record attached.
In one line. “Create and redeem instantly, so you can make tighter markets in more funds.”
What we ask of you.
- Hold a seat on the fund as an authorised participant and create or redeem against the basket.
Cost: Free. No per-order fee at launch.
The detail: what we ask each committee seat · how it works, role by role · who pays.
More trusted prices, more funds, more volume.
Firms that already trade, lend or issue a token help make its daily price
Exchanges, lenders, custodians and the token’s issuer each check the part they know.
With a trusted price, funds can be built on the token
We do the ETF plumbing that usually takes five or more firms, in one system on Canton.
Each fund buys the tokens it holds, and its shares can list on exchanges
Investors buying the fund means the underlying tokens are bought and held too.
More volume for the token, its exchanges and its lenders
And every later fund reuses the prices already signed, so each one is faster to launch.
This is what we are building, not a result yet: no fund has launched on ETP Foundry. Status below.
Built and running on a test network. You would be among the first.
Live checks: system status. Not a registered benchmark administrator: Regulatory.
Want to be in the first set?
Tell us who you are and which assets you work with. A person reads every request.
Or email hello@etpfoundry.com.