Key Takeaways
- • Securitize Fund Services has partnered with Upshift to introduce institutional-grade fund administration and independent reporting infrastructure for onchain vaults, addressing a critical operational gap in the digital asset fund space.
- • The partnership extends Securitize's Vault Registrar architecture—which creates identity-bound, investor-specific vaults—by adding a fund administration layer that validates performance and ownership at the individual investor level.
- • Upshift users will gain access to independent performance reporting, investor-level allocation transparency, full reconciliation of onchain and protocol-level activity, and audit and tax-ready data—capabilities previously unavailable in the onchain vault market.
- • The initiative standardizes reporting and reconciliation processes for onchain vaults, enabling institutional allocators to evaluate and deploy capital with the transparency and compliance rigor typically required for traditional fund investments.
Summary
Onchain vaults have increasingly been deployed as functional equivalents to traditional investment funds, yet they have operated without third-party performance verification, standardized reconciliation processes, or audit-ready reporting capabilities. This structural gap has created friction for institutional allocators seeking to deploy capital in decentralized yield strategies while maintaining compliance and governance standards. Securitize's Vault Registrar architecture—which enables the creation of identity-bound, investor-specific vaults—forms the technical foundation for this partnership. The new arrangement extends that architecture by adding a dedicated fund administration layer designed to validate performance metrics and ownership records at the individual investor level.
Under the partnership terms, Upshift curators and depositors will receive independent performance reporting, investor-level allocation transparency, and complete reconciliation of onchain and protocol-level activity. Critically, all data will be delivered in audit and tax-ready formats, eliminating downstream compliance friction for institutional investors and their service providers. Mikhail Davidyan, head of Fund Services at Securitize, emphasized that the partnership introduces a "trusted third-party layer" that delivers transparent performance verification and reconciliation aligned with professional institutional investment standards. Co-founder Aya Kantarovich of Upshift noted that the partnership preserves the operational efficiency and composability advantages of onchain vaults while adding the independent verification and compliance infrastructure required by institutional allocators.
The initiative reflects broader institutional adoption of digital asset infrastructure and the increasing need for operational maturity in decentralized finance protocols serving professional capital.
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