Introduction

kpk Funds are composable onchain funds designed to provide institutional-grade exposure to DeFi yield strategies with non-custodial settlement and onchain accounting.

Funds are deployed on kpk’s onchain fund infrastructure (previously called Onchain Investment Vehicle (OIV)).

At launch, Funds will be issued exclusively by kpk’s trading desk as actively managed, tokenised funds. This approach builds on kpk’s track record of managing over $2 billion in onchain treasury assets for DeFi DAOs over the past five years, enabling permissionless access to fund shares designed to optimise risk-adjusted returns.

Key characteristics:

• Non-custodial: Assets are held in smart contracts where no single entity has control, ensuring no party can take custody of the funds.

• Onchain policies: Policy smart contracts define a granular set of pre-approved actions the trading desk can execute on behalf of each fund, aligned to the fund’s investment framework and risk parameters.

• Onchain accounting: All NAV and share price calculations are performed onchain, enabling real-time transparency and independent verification by any party.

• Composability: Fund shares are ERC-20 tokens, enabling integration with other DeFi protocols to increase capital efficiency.

• Flexibility: Funds are built on Safe smart accounts, retaining the ability to handle a wide range of DeFi assets and transaction payloads to support sophisticated strategies.

• Multichain: Funds can access opportunities across multiple EVM networks while maintaining consistent accounting and security controls.

kpk’s fund infrastructure abstracts DeFi’s operational complexity to bridge the composability and transparency of DeFi with the distribution scale of fintech. We foresee the emergence of a connected, hybrid financial system that is programmable, global, and open by default.

Our mission focuses on improving operational efficiency through automation, reducing costs, and creating a safer, more accessible ecosystem for DeFi-native asset management.