Syntetika launched its tokenization hub for regulated investment strategies on Tuesday, opening deposits for its first product, BTC Basis+, managed by publicly traded Hilbert Group. The hBTC vault token allows investors to participate in this Bitcoin basis strategy, which captures the funding spread between spot and futures markets with Bitcoin-denominated returns. Deposits are made in cbBTC in a permissionless manner, with a queuing mechanism into the next processing cycle and minting at a third-party attested NAV. Syntetika relies on partnerships with Tulipa Capital, Ember Protocol, and Yield Network, operates on Base blockchain with Chainlink Proof of Reserve for reserve verification. CEO Jorge Cuartero stated that the launch represents day one of a roadmap to bring a growing set of regulated strategies onchain.
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