Trust & Security
Trust & Security
At Fig, trust and security are of paramount importance, especially when dealing with digital assets. We understand that these issues are top of mind for our investors, and we are committed to maintaining your trust and ensuring the security of your funds through a multifaceted approach.
Institutional Partners
In both traditional finance (TradFi) and decentralized finance (DeFi), operating a fund involves collaborating with various reputable parties, such as asset managers, custodians, fund administrators, counterparties, and legal counsel. We recognize that the importance of these partnerships is amplified in the realm of on-chain finance, particularly when connecting on-chain capital to off-chain assets.
Fig works exclusively with the most reputable and well-established partners across all functions. Our investment strategy involves allocating funds to United States Treasury Bills (T-bills) backed by the full credit and faith of the United State government. Option contracts are traded with some of the most reputable exchanges such as Chicago Board Options Exchange (CBOE) and Chicago Mercantile Exchange (CME)
Invested stablecoins are exchanged for USD by leading crypto asset custodians. Once the funds are deposited and the LP tokens are issued, digital assets are off-ramped to Interactive Brokers who is both the custodian and the prime broker.
Transparency & Disclosure
At Fig, we believe that the standards for transparency and disclosure in on-chain finance should meet or exceed those in TradFi. We are committed to being fully transparent about our product and protocol details. Investors can access comprehensive information on our fund's strategy, underlying portfolio composition, current portfolio pricing, historical performance and risk, as well as the results of periodic fund audits. On the technical side, we maintain transparency about the audit status of any material code.
Legal & Regulatory Compliance
Fig takes legal and regulatory compliance extremely seriously. We adopt a conservative approach to risk management and invest significant resources in designing our products to be fully compliant with all applicable laws and regulations. Our team consults with multiple legal, tax, and regulatory experts to ensure that our fund maintains a conservative regulatory posture.
By prioritizing trust, security, transparency, and compliance, Fig aims to provide our investors with a secure and reliable vehicle for investing in the rapidly evolving world of digital assets.
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