BlockTravel BlockSettle

Zero Market Exposure

Transfer compliance and settlement certainty coordinated — no market exposure window between movement and finality.

For institutions where the time between transfer compliance and settlement finality is the risk window they need to close.

The problem

Compliance clears. Settlement waits.

Settlement finality and transfer compliance run on different clocks. A digital asset transfer can pass compliance — counterparty discovery complete, sanctions clean, Travel Rule message exchanged — and still wait minutes, hours or days for settlement to finalise. Throughout that window, the institution carries market exposure on an asset already cleared to move.

Two structural problems compound. Decoupled timing — compliance clears at one moment, settlement finalises at another, with the institution exposed to market movement in between. Operational hedging — institutions hedge the exposure window using forwards, derivatives or balance reserves, each with its own cost. The cost of the window is the cost of the infrastructure that creates it.

Institutions doing high-volume cross-asset DvP, or running regulated digital asset trading operations where market movement during the settlement window is meaningful, feel this most acutely. The exposure window is a structural cost of fragmented infrastructure, not a treasury-management problem.

The solution

Compliance and finality, in the same atomic operation.

01
BlockTravel

Pre-cleared transfer compliance

Travel Rule, sanctions screening and counterparty discovery complete before the transfer initiates. Compliance state is locked in, not provisional.

02
BlockSettle

Compliance-conditional settlement

Settlement is conditional on the transfer compliance state from BlockTravel. The two evaluate together, not sequentially.

03
BlockSettle

Atomic execution

Both legs of a cross-asset transfer complete simultaneously, or neither completes. No half-state during the window.

04
BlockTravel + BlockSettle

Closed exposure window

Compliance and finality complete in the same atomic operation. The exposure window is closed by construction — there is no state in which compliance has cleared and settlement has not.

Architecture in action

Two layers, evaluated together.

Zero Market Exposure activates BlockTravel’s transfer compliance layer and BlockSettle’s settlement layer. Transfer compliance and settlement finality evaluate together, not sequentially. The exposure window between movement and finality is closed by construction — the architecture does not hold the institution in a state where one is complete and the other is not.

Standards

Inherited from BlockTravel and BlockSettle.

Regulatory frameworks
  • FCA
  • MiCA
  • FATF
  • DLT Pilot Regime
  • GDPR
  • MAS
Technical and security standards
  • IVMS 101
  • TRP
  • TRUST
  • DvP
  • OpenAPI 3.0
  • OAuth2
  • TLS

Zero Market Exposure inherits the regulatory and technical standards of BlockTravel and BlockSettle. IVMS 101, TRP and TRUST carry transfer compliance messaging, DvP is the canonical settlement discipline. The DLT Pilot Regime is the EU’s framework for DLT-based market infrastructures — relevant where settlement finality is recorded on-chain.

Work with us

Close the window between movement and finality.

Design partners running cross-asset trading or high-volume digital asset operations get early access to the coordinated capability, a direct line to the build team, and influence over how transfer compliance and settlement state coordinate. We ask for genuine integration intent, a structured feedback loop with named treasury, compliance and technical counterparts, and a mutual non-disclosure agreement.