Project vision
Blockchains provide a natural solution to many of the problems facing traditional asset management.
These problems include:
  • Large third-party set up costs for new asset managers. A significant portion of asset management fees go towards paying custodians, administrators, and countless other service providers — warranting the expense of management fees.
  • Slow settlement. Subscriptions and redemptions from TradFi funds can take days, weeks, or even months.
  • High minimum investment amounts. Hedge funds are typically only available to high-net-worth individuals and minimum investments are typically upwards of $100,000.
  • Compliance overheads. The regulatory costs associated with distribution of a hedge fund can be prohibitively high, preventing new hedge fund entrants and hampering innovation.
  • Misaligned incentives. TradFi fund managers typically profit via management fees regardless of performance, and have little incentive to deviate far from the herd.
The SolStreet protocol, however, gives everyone a launchpad to create their own fund on the blockchain. Furthermore, as more and more assets are inevitably made available for trading on the blockchain (including tokenized stocks, commodities, real estate, etc.), the project offers the potential to expand to cover the entire universe of investable assets.
Last modified 4mo ago
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