The KeyStone network is not a place assets move to. It is the set of books that can settle with each other, joined by proofs rather than pipes.
Request a briefing →Every settlement network before this one had a center, and whoever ran the center ended up running the market. That is precisely what the firms building tokenized finance will not accept from each other, and they are right not to.
On KeyStone, every settlement is between the books involved and nobody else. The system coordinates and the proof anchors, and no value passes through KeyStone at any point. Joining adds what your clients can hold. It does not add a dependency.
Six kinds of book, one way of settling. If it can commit, it can join, and nothing about it has to change to do so.
Where tokenized assets and cash already circulate in the open.
Books a group of institutions built and govern together.
The books of record where securities have always lived.
Books built for finality by the institutions that define it. A clearinghouse's net settlement obligations are an instruction KeyStone is built to settle, with members and non-members alike.
Venue books, where issuance and trading already meet.
The books single firms built for their own products and clients.
Screening and the evidentiary record of every settlement run on named infrastructure, not on trust in us: the checks before commitment, and the audit bundle after it.
Settlement Compliance →A firm joins the network once, through its own infrastructure, and every book on it becomes reachable from inside the products it already runs. Your clients see your screens, your name and your custody, exactly as they do today. What changes is what those screens can reach.
The testnet, accessible to institutions in closed pilot, is where that starts: your books, your policy, your instruments, walked through real settlements with nothing at risk.
Request a briefing →Bring a settlement your desk runs today and we will walk it through.