What Bracket does

Bracket provides institutional-grade vault infrastructure for digital assets, connecting vetted professional strategy managers with asset managers, stablecoin issuers, and fund allocators seeking risk-adjusted on-chain yield. The company was founded in 2021-2022 by veterans of D.E. Shaw, Bloomberg, Barclays, and Consensys, initially building DeFi derivatives protocols (Passage, Volatility Trading) before pivoting in 2023 to its current vault-infrastructure focus following acceptance into the Binance Labs Incubator Season 5, where it placed runner-up in the Build-the-Block competition.

The platform is built on EVM-compatible networks (Arbitrum, Ethereum, Binance Smart Chain) and combines custom asynchronous vaults with epoch-based NAV updates, MPC policy-managed wallets (Bracket Protector) that enforce investment policies and restrict manager actions, and lot-level accounting with certified third-party NAV administration by Pennyworks. Smart contracts are independently audited by Guardian and Zellic. The product surface includes the Bracket Platform (app.bracket.fi), the brktETH non-rebasing composite token backed by blended LSTs/LRT treasuries, multiple strategy vaults (brETH, bravUSDC, brUSDC, ETH+ Looping), the BARS loyalty points program with staking phases, the [IN] or OUT prediction game, and the Bracket as Infrastructure (VaaS) white-label offering. Supporting integrations span wallet providers (Fordefi, Utila, Fireblocks), analytics (DeFillama, Dune, Slice Analytics, Octav, DeBank), and identity (Persona, Quadrata).

Bracket monetizes through strategy manager fees — fixed and performance-based — on vault assets, and through Vaults-as-a-Service platform infrastructure services delivered to fund managers, protocols, and treasuries. Distribution combines a self-serve product-led motion for end-investors with direct enterprise sales for manager onboarding and VaaS deployments. The legal entity (Bracket Labs Group, SA.) is incorporated in Panama while operational presence is listed in Lehi, Utah. Headcount is reported at 1-10 employees, and the platform excludes US Persons, UK, Canada, and several sanctioned jurisdictions.

Name

Bracket

Legal name

Bracket Labs Group, SA.

Website

https://bracket.fi

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

1–10 employees

Short description

Bracket provides institutional-grade digital asset vault infrastructure connecting vetted strategy managers with asset managers, stablecoin issuers, and allocators. Built on EVM-compatible networks with MPC policy-managed wallets and certified NAV administration, it powers on-chain yield strategies through multi-denominational vaults and white-label infrastructure.

Ownership category

akta.pro rank

Product category

Digital Asset Vault Infrastructure

NAICS

Other Investment Pools and Funds (5259), Other Financial Investment Activities (5239), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Yield Aggregators & Strategy Vaults (FSADAMAF)

akta.pro secondary industries

Yield, Vaults & Asset Management (vault strategies, robo-vaults, structured yield) (FSAPAEAG), Yield Aggregators, Auto-Compounding & Strategy Vaults (DeFi Yield) (FSADAHAK)

Keywords

• Digital asset infrastructure
• On-chain yield vaults
• Vault management platform
• Tokenized strategy funds
• DeFi yield infrastructure

Headquarters

HQ city

Lehi

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Strategy Manager Fees: Bracket charges strategy managers fixed fees and performance fees (variable fees based on strategy returns) for using the platform infrastructure. Fee structures include Manager Fixed Fee, Manager Performance Fee, and Bracket Fixed Fee components as shown in the manager dashboard.
2. Platform Infrastructure Services: White-label and Vaults-as-a-Service (VaaS) offerings providing smart contracts, strategy tokenization, white-labeled UI, notifications, lot-level accounting, GraphQL/database services, and onboarding flow integration for fund managers, treasuries, and protocols.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

Bracket operates an institutional-grade vault infrastructure platform for digital assets that connects on-chain investors to vetted professional strategy managers through multi-denominational (USDC, ETH, BTC) strategy vaults. The platform enforces investment policies via MPC policy-managed wallets and a Bracket Protector mechanism, provides lot-level accounting and certified third-party NAV administration (Pennyworks), and supports subscription onboarding with KYB/KYC. Bracket also offers a Vaults-as-a-Service (VaaS) white-label infrastructure stack for fund managers, protocols, and treasuries.

Product overview

Bracket is an institutional-grade digital asset vault infrastructure platform that powers on-chain yield for funds and strategy managers. The platform operates as a unified platform-plus-modules architecture built around three core pillars: (1) the Bracket Platform providing multi-denominational strategy vaults (brETH, bravUSDC, brUSDC, ETH+ Looping DeFi Yield) with MPC policy-managed wallets, lot-level accounting, and certified NAV administration; (2) brktETH, a non-rebasing composite token backed by a blended treasury of LSTs/LRTs that serves as the primary deposit and yield asset; and (3) Bracket [BARS], a points and loyalty program spanning Phase I escrow staking, Phase II platform deployment, and the [IN] or OUT prediction game. Bracket also offers Bracket as Infrastructure (VaaS), a white-label service for fund managers, treasuries, and protocols to tokenize strategies with smart contracts, KYC onboarding, and transparency dashboards. Legacy products include the Passage and Volatility Trading DeFi derivatives protocols.

Differentiator

Problem solved

Functional benefit

Brands

• brktETH: Native crypto asset of the Bracket Platform, backed by a blended treasury of LSTs and LRTs. A non-rebasing token that provides exposure to the Liquid Staking Market.
• Bracket [BARS]

Products and services

• Bracket Platform Institutional-grade vault infrastructure platform for digital assets connecting investors to vetted professional strategy managers. Provides multi-denominational deposits (USDC, ETH, BTC), MPC policy-managed wallets, third-party NAV certification, lot-level accounting, and subscription onboarding with KYB/KYC.
• brktETH Non-rebasing composite token backed by a blended treasury of liquid staking tokens (LSTs) and liquid restaking tokens (LRTs). Provides broad-based exposure to the liquid staking market with diversified treasury and capital efficiency; users deposit LSTs/LRTs to receive brktETH that accrues value via a conversion rate rather than rebasing balance.
• brETH Strategy Vault ETH-denominated strategy vault on the Bracket Platform. Users deposit wETH and receive brETH tokens representing shares; yield tracked with daily estimated APY updates and certified NAV administration by Pennyworks.
• bravUSDC Strategy Vault USDC-denominated strategy vault on the Bracket Platform offering high yield (15.15% as of Jan 2026). Deposits are staged at the next epoch and committed at the official NAV update.
• brUSDC Strategy Vault USDC-denominated strategy vault on the Bracket Platform (last updated November 3, 2025) providing yield through vetted professional managers.
• ETH+ Looping DeFi Yield Strategy ETH-denominated DeFi yield strategy using looping mechanisms on the Bracket Platform (last updated September 19, 2025).
• Bracket as Infrastructure (VaaS) Vaults-as-a-Service white-label infrastructure offering for fund managers, treasuries, protocols, and infrastructure providers. Includes smart contracts, strategy/fund tokenization, white-labeled UI, notifications, lot-level accounting, GraphQL/database services, and KYC onboarding integration standardized through Persona.

Quantifiable outcome

• NAV growth of +6.83% since launch (Aug 4, 2025) for bravUSDC vault
• +2 more outcomes

Named customers3 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration16 records

Feature8 records

Partnerships

Four partnerships are on record, tiered core.

• GuardiancoreTechnology or IntegrationGuardian independently audits Bracket's smart contracts including Bracket Vault Upgrades, Wrapping contracts, Bracket Vault Whitelist Update, and Bracket Vault Audit. Multiple audit reports are published and available to users.
• ZelliccoreTechnology or IntegrationZellic conducted the Staking Contract Audit for Bracket Fi Escrow contract, providing independent security verification of the staking infrastructure.
• PennyworkscoreTechnology or IntegrationPennyworks provides certified NAV administration for Bracket vaults. The NAV is certified by Pennyworks, providing independent verification of vault valuations.
• PersonacoreTechnology or IntegrationPersona provides KYC/KYB identity verification services integrated into Bracket's onboarding flow for strategy managers and investors. Bracket typically standardizes compliance through Persona but can accommodate specific providers upon request.

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Yearn Finance: Pioneer DeFi yield aggregator with automated vault strategies across multiple protocols. Competes directly with Bracket in the strategy vault category, though Yearn serves crypto-native retail while Bracket targets institutional clients.
• Convex Finance: Yield optimization layer for Curve liquidity providers, operating automated boosting and reward compounding vaults. Highly comparable in vault architecture and auto-compounding mechanics, though focused on Curve ecosystem.
• Beefy Finance: Multi-chain yield aggregator offering automated compounding vaults across dozens of protocols and chains. Direct peer in vault strategy and aggregator model, with broader chain coverage but less institutional positioning.
• Sommelier Finance: DeFi vault infrastructure providing actively managed yield strategies through a Cosmos-based co-processor. Closely comparable in targeting institutional-grade managed vaults with strategy manager oversight.
• Enzyme (formerly Melon Protocol): On-chain asset management protocol enabling managers to run compliant, transparent funds with vault infrastructure. Directly comparable in serving asset managers seeking institutional-grade on-chain fund infrastructure.

Emerging players

• Pendle Finance: Yield tokenization protocol allowing users to split yield from principal and trade yield-bearing assets. Adjacent peer in the yield infrastructure space with overlapping institutional ambitions.
• Morpho: Lending optimizer and credit market infrastructure that Bracket uses as an underlying protocol (visible in vault positions). Comparable in DeFi yield optimization and institutional lending infrastructure focus.
• Element Finance: Yield tokenization protocol separating principal and yield into tradable tokens. Adjacent in the on-chain fixed income and yield structuring space that Bracket's vault infrastructure also touches.
• Maple Finance: Institutional-grade on-chain credit market with managed lending pools. Comparable in targeting institutional capital with vetted pool managers, transparent reporting, and a focus on professional credit infrastructure.

Broad incumbents

• Fireblocks: Institutional digital asset custody and MPC wallet infrastructure provider. Both a Bracket integration partner and broad incumbent in institutional crypto infrastructure; comparable as a technology provider serving the same institutional customer base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/Bracket_Labs_

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds5 records

Investors17 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bracket