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By Splyce Finance
Splyce enables asset managers to launch real-world and crypto-native yield strategies on-chain by abstracting them into composable, DeFi-native tokens (sRWA and strategy vaults).
Splyce offers tokenized investment vaults that abstract both real-world assets (RWAs) and crypto-native strategies into DeFi-compatible formats. Through our sRWA standard, we wrap permissioned off-chain assets into composable yield tokens that can be used across Stellar DEXs and lending protocols. On the crypto-native side, we partner with asset managers to tokenize structured strategies like WLFTrack and distribute them as strategy tokens. These vaults can integrate with Soroban smart contracts for automated rebalancing, collateralization, and redemption workflows.
Yes
$150.0K
$5M in sRWA TVL within 3 months of mainnet launch
2 active asset managers launching on Stellar via Splyce
sRWA vaults composable with at least 2 Soroban DeFi protocols
Expansion of Stellar DeFi ecosystem to include RWA exposure for the first time
We will onboard our first wave of users through direct B2B integrations with asset managers and issuers, followed by DeFi-native users via Stellar community programs. Vault Token launches could/should be incentivized with LP rewards and vault-based airdrops to early liquidity providers. Our design focuses on yield transparency, low friction onboarding, and integration with DEXs, Lending, & Wallet platforms.
Deployed initial MVP dETFs on Solana with plans to cross-deploy
Strategic partnerships with Sarson Funds, Huma Finance, Chintai and Peregrine Digital, Wormhole, Kaimeta. Not much of it is in the public domain but introductions can be provided.
More asset manager leads in active pipeline. $4bn+ pipeline.
GitHub repo for vault smart contracts and frontend
Integrations with 3rd parties like Chainlink, Pyth, Orca, LayerZero, Wormhole in various stages
Plans to extend to Stellar via Soroban and use Stellar USDC and on-chain anchors, plans to bring Huma PST to Stellar. Note that Huma is Solana native, while having institutional assets deployed on Stellar. Part of the reason why we're launching natively on Stellar (in addition to Solana where Splyce is already in production) is to make Huma's retail assets (mPST, PST) available on Stellar/Soroban. Conversely we want to open up Stellar-native assets to Solana users.
https://blog.huma.finance/splyce-huma-unveil-solmate-amid-solanasimd-228-staking-shift
https://x.com/uosvald/status/1902765825284772166?s=52&t=GTHQKPCsYjg0opJNZEmJRw
previously the team delivered this: https://www.ledgerinsights.com/wisdomtree-launches-connect-for-institutional-holders-of-tokenized-money-market-funds/
Objective:
Deploy the initial Soroban-based vault infrastructure, including working token contracts, vault logic, and UI integration with test assets.
Deliverables:
Deploy Vault, Token, and Strategy Soroban contracts on local testnet
Implement core frontend UX for vault interaction (deposit, withdraw, view yield)
Wrap at least one real-world asset (sRWA mock) and one crypto-native strategy (e.g., simulated WLFTrack)
Implement subgraph/indexer or data service for user dashboard and TVL tracking
Integrate oracle interface for NAV simulation of sRWA
Measurement of Completion:
Contracts deployed and functional in devnet environment
Web interface live for demo access
Sample transactions (deposit, mint, redeem) with event logs
Estimated Completion Date:
2 months from start
Budget Breakdown:
Engineering: $70,000
UI/UX + frontend: $20,000
Project coordination and deployment infrastructure: $10,000
Objective:
Deploy full vault suite and bridge integrations on Soroban testnet with live data and public interaction enabled.
Deliverables:
Deploy complete vault contracts on Stellar testnet
Enable mock yield flows and real-time oracle inputs
Open testnet demo for public user testing and validator feedback
Measurement of Completion:
Contracts verifiable on testnet
On-chain deposits and redemptions processed by external wallets
Public testnet URL with instructions available
Estimated Completion Date:
3-4 months from start
Budget:
$0 (eligible for Stellar LaunchKit credits)
Objective:
Deploy the Splyce vault suite to Stellar mainnet with production-level performance, cross-chain strategy support, and composability.
Deliverables:
Launch 1–2 fully functioning vaults on Stellar mainnet
1 sRWA-based (e.g., tokenized private credit)
1 crypto-native (e.g., Sarson WLFTrack strategy)
Enable liquidity pool integrations on StellarX or StellarTerm
Token registry submission for discoverability
Live frontend with wallet connection and performance metrics
Measurement of Completion:
On-chain vaults live and accepting deposits
At least $10K in user deposits across both vaults
Tokens listed and tradable on Stellar DEX
Community engagement and public documentation finalized
Estimated Completion Date:
5-6 months from start
Budget Breakdown:
Final engineering + deployment: $30,000
DevOps, monitoring, and security tools: $10,000
Final UI/UX polish + documentation: $10,000
NB: Above are estimates, we will need to assess in detail the degree of ease/difficulty of indexer integration, integration of frontend libraries, integration with dexes / lending platforms etc.
We have a team of 8 engineers, led by Anton Grigorev the CTO. Note that the three co-founders all met at Securrency and have multi-year experience working with Stellar. N.B. Anton was head of blockchain engineering. Manuel won and led the combined Securrency/Stellar World Bank payments POC. Tyler Carter joined just after the World Bank project but was involved in the Wisdom Tree funds onboarding on Stellar, and has been a very early contributor to Ripple as well. He previously led digital assets at S&P. Manuel and Tyler both worked in the same group as the CSO, Patrick Campos, who has a long-standing relationship with SF senior management. Patrick is currently CBO at Huma Finance, and we believe that Splyce - in addition to everything else - is a perfect vehicle for bringing Huma's assets (and part of its community) to Stellar.
https://www.linkedin.com/in/manuelrensink/
https://www.linkedin.com/in/toniomacaronio/
https://www.linkedin.com/in/tyler-carter-b3a12b23/
Manuel Rensink
No other submissions.