Two foundations.
One institutional platform.

TrustSwap has spent years building for teams that hold their own keys, and that posture hasn't changed. What changed is who started calling. Treasurers, foundation directors and general counsel came to us with the same problem: their mandate won't let them sign off on an operational wallet, no matter how well it's run. Panthea is our answer to that — we operate the platform, and custody sits with Blockfort under Swiss law. Self-custody remains the default. For the institutions that can't use it, there's now a door.

Swiss custody is a discipline before it's a product. Segregation, safekeeping and the obligations that come with acting as a regulated financial intermediary are what an auditor actually tests — and what a board is asking about when it asks whether assets are safe. We chose to work with Panthea because they were building for clients who ask those questions first. They operate the platform. We hold the assets, under Swiss law, as a regulated financial intermediary and a member of the VQF.