TVL Capital
TVL Capital is a Swiss financial infrastructure firm building Chain-Traded Products (CTPs) — institutional-grade structured derivatives issued on blockchain rails — for global systemically important banks, TradFi institutions, centralized exchanges, and leading onchain protocols.
- Company typePrivate
- Founded2025
- HeadquartersSteinhausen, Switzerland
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What TVL Capital does
TVL Capital AG is a Swiss financial infrastructure firm, headquartered in Steinhausen, Canton of Zug, that builds Chain-Traded Products (CTPs) — institutional-grade structured products issued, settled, and managed on blockchain rails. CTPs function as the onchain equivalent of Exchange-Traded Products (ETPs): compliant, composable structured derivatives that deliver institutional-grade yield and exotic payoffs via smart contract infrastructure, and that target the $2.5 trillion global retail structured products market which has seen new issuance nearly triple since 2021. The firm pairs institutional finance pedigree — founders include former Morgan Stanley Head of Digital Asset Markets Andrew Peel (CEO), former UBS Global COO Penny Tunbridge (COO), and former The Block Senior Research Director Lars Hoffmann (CSO), with ex-Form3 Co-Founder Steve Cook as CTO — with blockchain-native engineering to build the issuance, settlement, and management rails for these products.
The company goes to market through direct enterprise partnerships with global systemically important banks (G-SIBs), TradFi institutions, centralized exchanges, and leading onchain protocols, opening onchain distribution channels for TradFi issuers while giving onchain capital access to structured payoffs. Its revenue mechanics are described as licensing/royalties related to CTP issuance and management, with pricing undisclosed and structured via bespoke multi-year written agreements rather than public fee schedules. The firm explicitly identifies as a technology and consulting firm rather than a regulated financial institution.
Founded in May 2025, TVL Capital closed a $5 million seed round in June 2026 led by Framework Ventures with Flow Traders participating, and was selected in March 2026 as part of the inaugural Sky-backed Obex cohort alongside Maple, Centrifuge, Securitize, and others under an up to $2.5 billion tokenized RWA mandate. The company operates as a lean team of 1–10 employees and is currently pre-revenue, deploying the seed capital to build out core engineering and business development capabilities ahead of commercial CTP deployment.
TVL Capital firmographics
Firmographics- Name
- TVL Capital
- Legal name
- TVL Capital AG
- Website
- https://tvl.capital
- Company type
- Private
- Founded year
- 2025
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- TVL Capital is a Swiss financial infrastructure firm building Chain-Traded Products (CTPs) — institutional-grade structured derivatives issued on blockchain rails — for global systemically important banks, TradFi institutions, centralized exchanges, and leading onchain protocols.
- Ownership category
- akta.pro rank
TVL Capital industry classification
Industry- Product category
- Onchain Structured Derivatives Infrastructure
- NAICS
- Investment Banking and Securities Intermediation (523150), Securities and Commodity Exchanges (52321)
- SIC
- Security Brokers, Dealers & Flotation Companies (6211), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Tokenized Securities & Capital Markets Infrastructure (equities, bonds, funds, ATS/MTF connectivity) (FSAPAIAD)
- akta.pro secondary industry
- Digital Asset/Crypto Trade Execution Platforms (FSAFANAO)
Keywords
Where TVL Capital is headquartered
LocationHeadquarters
- HQ city
- Steinhausen
- HQ country
- Switzerland
- HQ region
- Europe
Offices1 record
Markets served
TVL Capital business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales
Revenue model
- Chain-Traded Products (CTPs) issuance and management: TVL Capital generates revenue by building and operating the infrastructure for institutional-grade structured products on blockchain rails, serving as a financial infrastructure firm bridging TradFi with onchain ecosystems. The firm partners with G-SIBs, TradFi institutions, and exchanges to bring CTPs to market.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Enterprise/B2B engagement via bespoke agreements |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
TVL Capital product offering
Product offeringCore offering
TVL Capital builds and operates institutional-grade onchain infrastructure for Chain-Traded Products (CTPs), which are compliant, composable structured derivatives issued, settled, and managed on blockchain rails. The firm partners with global systemically important banks (G-SIBs), TradFi institutions, centralized exchanges, and onchain protocols to bring CTPs to market and enable institutional-grade yield and exotic payoffs in a digitally native format.
Product overview
TVL Capital is a financial infrastructure firm offering a single core product: Chain-Traded Products (CTPs). CTPs are institutional-grade structured products that are issued, settled, and managed on blockchain rails. They represent the onchain equivalent of Exchange-Traded Products (ETPs), providing compliant, composable structured derivatives that deliver institutional-grade yield and exotic payoffs via smart contract infrastructure. The firm bridges traditional financial instruments with onchain infrastructure, enabling sophisticated investment strategies with enhanced programmability and efficiency.
Differentiator
Problem solved
Functional benefit
Products and services
- Chain-Traded Products (CTPs) Institutional-grade structured products issued, settled, and managed on blockchain rails. Function as the onchain equivalent of Exchange-Traded Products (ETPs), delivering compliant, composable structured derivatives with institutional-grade yield and exotic payoffs via smart contract infrastructure. Target users are G-SIBs, TradFi institutions, centralized exchanges, and onchain protocols seeking onchain structured product infrastructure.
Quantifiable outcome
- $2.5 trillion global retail structured products market ripe for onchain migration, with new issuance nearly tripling since 2021
- +1 more outcomes
Companies that use TVL Capital
Customer profileSegments2 records
Ideal customer profiles2 records
TVL Capital technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
TVL Capital partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered flagship and core.
- Obex (Sky-backed)flagshipSky-backed stablecoin incubator Obex is deploying $1 billion into tokenized real-world assets including AI data centers, housing, and energy to expand yield on the USDS stablecoin. TVL Capital was selected as part of Obex's inaugural cohort alongside Maple, USD.ai, Daylight, Centrifuge, Securitize, River, and Better, representing a broader shift toward tokenization of real-world assets.
- G-SIBs and TradFi Institutions (unnamed)coreTVL Capital is actively partnering with global systemically important banks (G-SIBs) and TradFi institutions to bring Chain-Traded Products to market, opening direct onchain distribution channels for traditional financial issuers.
- Centralized Exchanges (unnamed)coreTVL Capital is partnering with centralized exchanges to distribute Chain-Traded Products and enable onchain trading of institutional-grade structured derivatives.
- Leading Onchain Protocols (unnamed)coreTVL Capital is integrating with leading onchain protocols to deliver CTPs via blockchain rails, enabling composable structured derivatives onchain.
Scale indicators3 records
Recent moves6 records
Expansion highlights6 records
TVL Capital competitors and assessment
Company assessmentMarket position
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
TVL Capital social profiles
Digital presenceTVL Capital compliance and trust
Trust signalCompliance2 records
TVL Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
TVL Capital leadership team
Management profileNumber of profiles
Profiles5 records
TVL Capital subsidiaries and ownership
Company hierarchySubsidiaries1 record
TVL Capital funding detail
Funding detailFunding overview
Funding rounds1 record
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
TVL Capital M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about TVL Capital
What does TVL Capital do?
TVL Capital builds and operates institutional-grade onchain infrastructure for Chain-Traded Products (CTPs), which are compliant, composable structured derivatives issued, settled, and managed on blockchain rails. The firm partners with global systemically important banks (G-SIBs), TradFi institutions, centralized exchanges, and onchain protocols to bring CTPs to market and enable institutional-grade yield and exotic payoffs in a digitally native format.
Is TVL Capital a public or private company?
TVL Capital is a private company. It is classified as venture growth investor backed and is currently operating.
When was TVL Capital founded?
TVL Capital was founded in 2025. It employs 1 to 10 people.
Where is TVL Capital based?
TVL Capital is headquartered in Steinhausen, Switzerland, in the Europe region.
How does TVL Capital make money?
One revenue line is on record: chain-Traded Products (CTPs) issuance and management.
Does TVL Capital have an API?
No public API is recorded for TVL Capital.
What industry is TVL Capital in?
TVL Capital's product category is Onchain Structured Derivatives Infrastructure. Its primary akta.pro industry code is FSAPAIAD, Tokenized Securities & Capital Markets Infrastructure (equities, bonds, funds, ATS/MTF connectivity), with a secondary code of FSAFANAO, Digital Asset/Crypto Trade Execution Platforms. Its NAICS code is 523150 and its SIC code is 6211.