Zug, Switzerland - Solstice Labs said that Fasanara Digital has allocated capital to YieldVault, the Solana-native protocol’s principal delta-neutral yield product. The firm’s commitment makes Fasanara the latest institutional allocator to access YieldVault, joining Nasdaq-listed DeFi Development Corp (DFDV) in institutional participation on the platform.
Fasanara Digital is the digital assets arm of London-based alternative manager Fasanara Capital, which the firm says has $5.5 billion in assets under management and a 14-year track record. Within that group, Fasanara Digital oversees $500 million dedicated to market-neutral crypto strategies and was recognized as Best Overall Digital Asset Manager at the 2023 Hedgeweek European Digital Assets Awards.
The capital deployment was framed as a strategic fit between Fasanara Digital’s trading discipline and YieldVault’s design. Fasanara Digital employs quantitative, market-neutral strategies across both spot and derivatives markets and seeks to preserve a neutral directional stance via systematic hedging. YieldVault, Solstice says, pursues yield using funding-rate arbitrage alongside hedged positions and tokenized treasury exposures, producing returns without reliance on directional market moves. For an allocator that emphasizes delta-neutral risk control, the protocol presents infrastructure that mirrors that risk framework.
YieldVault has operated as a permissionless wrapper for Solstice’s delta-neutral strategy since January 2023. Solstice describes the strategy’s yield generation mechanics as a mix of funding rate arbitrage, hedged staking, and tokenized treasury positions, with allocations adjusted according to market conditions. Institutional access to the strategy is available through off-exchange settlement channels provided by custody and prime broker partners Copper and Ceffu, and Solstice obtains independent proof-of-solvency attestations from Accountable.
Ben Nadareski, CEO of Solstice Labs, emphasized the procedural standards that institutional funds apply before committing capital. "Funds like Fasanara run extensive due diligence on custody, security, and operational risk before committing capital," he said. "We built Solstice to meet those standards while keeping the permissionless access that defines DeFi."
Nikita Fadeev, Managing Partner of Fasanara Digital, described the allocation decision as straightforward after evaluating onchain yield infrastructure on Solana. "We run delta-neutral strategies across every asset class we touch. When we evaluated onchain yield infrastructure on Solana, YieldVault’s risk architecture aligned closely with ours. That made the allocation decision straightforward," he said.
YieldVault’s integration across the Solana ecosystem includes partnerships with Kamino, Exponent, and Orca. Solstice notes that users can layer protocol rewards obtained through these integrations on top of base YieldVault performance.
About Solstice Labs
Solstice positions itself as the yield infrastructure layer for Solana, coordinating yield flows across the network’s core economic engines. Its flagship products include USX, described as the largest Solana-native stablecoin, and YieldVault, a permissionless delta-neutral strategy operational since January 2023. Solstice serves retail users via its permissionless interface and institutional clients through partnerships with custodians and prime brokers. Solstice Labs AG is identified as a Deus X Enterprise company based in Zug, Switzerland.
About Fasanara Digital
Fasanara Digital is the digital assets division of Fasanara Capital, an alternative asset manager in London with $5.5 billion in assets under management and a reported 14-year track record. The digital arm manages $500 million in market-neutral crypto strategies, applying quantitative approaches across spot and derivatives markets. The team includes senior professionals from Citadel, Millennium, and Tower Research, and Fasanara Digital won Best Overall Digital Asset Manager at the 2023 Hedgeweek European Digital Assets Awards.
Press contact: MrRyan Day, Solstice Labs, [email protected]