the
Assets

Singapore · established 2021 · mark KDT

Kestrel Digital Trust

Built for the Pacific, not adapted to it.

Kestrel structures its cents through a trust rather than a corporate balance sheet, and concentrates on the Asian and Pacific currencies rather than treating them as an afterthought to a dollar product. The newest structures in this catalogue are Kestrel's.

Illustrative issuer — invented for this concept. Not a real institution.

Illustrative and invented — not a real institution or instrument.

Issuer DNA

Stability76%
Liquidity79%
Transparency85%
Reach77%
Custody strength84%
Innovation81%

Illustrative characteristics of an invented issuer. These are not attestations, audit results or credit assessments, and they describe no real entity's practices.

Currency exposure

SGD×1.4JPY×1.3AUD×1.3USD×1.1

5

Illustrative instruments

73–88

Liquidity range

Custody model

Declaration of trust, independent trustee

The catalogue

$USDKDT
New listing

Kestrel Digital Trust

gold

USD/CENT

Dollar exposure held through a trust structure, aimed at holders whose other positions sit in the Pacific.

Fiat-backedAmericas
Liquidity 88Same-day, 24/7

Illustrative — not a real instrument

¥JPYKDT
Top matched

Kestrel Digital Trust

silver

JPY/CENT

Yen exposure with same-day redemption — the combination the older structures in this set do not offer.

Fiat-backedAsia
Liquidity 84Same-day, 24/7

Illustrative — not a real instrument

S$SGDKDT
Top matched

Kestrel Digital Trust

silver

SGD/CENT

Kestrel's home instrument. The lowest volatility characteristic in the Asian set, and the most concentrated exposure.

Fiat-backedAsia
Liquidity 73Same-day, 24/7

Illustrative — not a real instrument

A$AUDKDT

Kestrel Digital Trust

silver

AUD/CENT

Pacific exposure through a trust structure. The commodity linkage is the whole reason to hold it and the whole reason not to.

Fiat-backedPacific
Liquidity 75Same-day, 24/7

Illustrative — not a real instrument

MULTI4 CURSGDKDT
New listing

Kestrel Digital Trust

silver

SGD/CENT

The Asian and Pacific set in one instrument. The Australian sleeve is what makes it more variable than its Singapore component alone.

Multi-currency basketAsia
Liquidity 78Same-day, 24/7

Illustrative — not a real instrument

Other issuers

Meridian ReserveAurelian Clearing HouseNorthlight CustodySolveig ReserveTerrapin SettlementVantara MintHalcyon Ledger

Illustrative issuer — invented for this concept. Not a real institution.