Pillar 6 / Institutional Wallet / Crypto-native hedge fund / VC fund manager
Multi-sig governance + LP attestation for crypto-native funds.
Your fund holds digital assets. The SEC Custody Rule (17 CFR 275.206(4)-2), prime brokerage relationship, LP reporting, and quarterly compliance review all turn on what you can prove about position attribution, custody segregation, and counterparty risk. Institutional Wallet is the wallet primitive built for that workload: multi-sig governance with role-based approval, per-position attestation, per-LP allocation transparency.
Your prime broker can't custody every asset. Your auditor needs proof of segregation. Your LPs need transparency. The SEC needs all of it.
Crypto-native funds operate at the intersection of traditional fund-administration expectations (LP reporting, position attribution, segregation) and digital-asset infrastructure (multi-chain, multi-sig, on-chain). Institutional Wallet bridges both: traditional fund-admin posture for SEC + LP + auditor, with native crypto custody + multi-sig governance.
- SEC Custody Rule compliance. 17 CFR 275.206(4)-2 + 17 CFR 275.206(4)-2(a)(4) (qualified custodian). Per-position attestation supports the qualified-custodian + surprise-exam requirements.
- Per-LP allocation transparency. Per-LP positional attribution with cryptographic provenance. LP reporting that survives quarterly auditor review.
- Auditor segregation evidence. Per-fund-position segregation with multi-sig governance signature trail. Auditor (BDO, Marcum, Friedman, etc.) gets the segregation proof they need at quarterly close.
- Counterparty + counterparty-wallet attestation. When fund transacts with VASP, exchange, or DEX, per-counterparty attestation supports the fund's ongoing-monitoring posture.
Fund custody + multi-sig governance
Multi-sig wallet (, 3-of-5, configurable) with role-based approval (PM, COO, Compliance, External Sig). Every transfer attested + signed; full audit trail per transfer.
Per-LP allocation + attribution
Per-LP positional attribution with cryptographic provenance. LP quarterly reports include signed evidence of position ownership + cost basis + realized / unrealized P&L.
Auditor segregation evidence
Quarterly fund-position attestation: this position is segregated to fund X, this position to fund Y. SHA-256-sealed + signed to validator quorum. Auditor reviews the attestations, not the multi-sig screenshots.
Regulator request response
When SEC / state regulator demands position attribution / transfer history, Institutional Wallet produces court-portable CREB™ per position. No reconstruction phase.
Tiered per-engagement pricing
| Fund AUM tier | Wallet setup | Per-position attestation | Per-LP report | Auditor support |
|---|---|---|---|---|
| Under $100M | $2K setup | $0.50 / position / day | $100 / LP / quarter | Quarterly |
| $100M-$1B | $10K setup + multi-sig key escrow | $0.25 / position / day | $50 / LP / quarter | Monthly |
| $1B+ | $25K+ setup + custom multi-sig + HSM | Volume-tiered | Volume-tiered | Real-time |
SEC custody-rule compliance support + LP audit-prep included in all tiers. Annual contracts get 12-month pricing lock. Custom multi-sig schemes + HSM integration available for $1B+ funds.
Want to see fund custody against a representative position portfolio?
We bring sandbox keys + a sample fund structure to a 30-min walkthrough. Bring your COO, Compliance Lead, and external fund administrator. Production setup typically takes 6-10 weeks after MSA + KYC.