Client Book

Households, mandates, restrictions, and account-level digital asset exposure.

Protocol Treasury

Vanguard Labs Foundation

Preserve runway while earning policy-approved onchain yield.

Risk 78$21,867,000

Operating Treasury

Treasury / Institutional

$21,867,000Risk 47

Restrictions

No unaudited DeFi vaults

Stablecoin sleeve below 30%

No restricted yield tokens

RIA

Offer discretionary crypto allocation inside a balanced UMA.

Risk 61$3,960,000

Crypto UMA Sleeve

UMA / Balanced

$3,960,000Risk 57

Restrictions

BTC + ETH minimum 55%

No self-custody

Single asset below 40%

Family Office

Blend core crypto beta with liquid staking and tokenized treasury exposure.

Risk 84$10,347,000

Digital Asset Growth

SMA / Growth

$10,347,000Risk 62

Restrictions

Staking provider concentration below 20%

DeFi governance tokens below 8%