Road Town, British Virgin Islands, August 10th, 2026 - Syntetika has opened deposits for its inaugural strategy, BTC Basis+, and is minting a vault token called hBTC to represent investor positions onchain.
The offering makes a regulated fund strategy accessible directly from a wallet. According to Syntetika, each strategy is operated inside a regulated fund structure with separate custody and the fund's net asset value is attested by an independent third party each processing cycle. That attested NAV is used as the price at which vault tokens are issued and redeemed.
BTC Basis+ is described by Syntetika as a Bitcoin basis strategy that provides Bitcoin exposure while seeking to capture the funding spread between spot and futures markets. Returns for the strategy are denominated in Bitcoin terms. Investors deposit cbBTC through the Syntetika interface in a permissionless fashion; deposits enter a queue and are subscribed into the regulated fund at the next processing cycle, at which point hBTC is minted at the attested NAV. Redemptions are handled through the same cyclical process.
Syntetika announced a set of launch partners supporting the platform: Tulipa Capital will assist on strategy curation, Ember Protocol provides vault infrastructure, and Yield Network serves as the Liquidity Syndication Partner. The platform is launching on Base, and reserves backing the vault tokens will be made verifiable via Chainlink Proof of Reserve.
"Today Syntetika opens its doors with BTC Basis+," said Jorge Cuartero, CEO of Syntetika. "What we are really launching is the platform underneath it: infrastructure built to carry a growing set of regulated strategies onchain. This is day one of that roadmap."
The BTC Basis+ vault is managed by the publicly traded Hilbert Group. Participants can access the strategy through syntetika.io, where deposits are currently open.
About Syntetika: Syntetika is positioned as a tokenization hub for regulated investment strategies. Each strategy runs inside a regulated fund with independent custody, and NAVs are attested by a third party. Investors access strategy exposure onchain via vault tokens that are issued and redeemed at those attested NAVs.
Contact: Head of Marketing Niko Petrov, Syntetika Proto Limited, [email protected]