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Introducing Monolith, the end-to-end US venue for onchain institutional commodity derivatives.
Tokenize & collateralize any eligible physical or digital asset and hedge it against 24/7 oil and gas futures.
This is the future being built at monolith.finance.
Monolith retweeted
We are modernizing US commodity trading to enable institutions to participate in frontier financial technology in size. Fully regulated and fully onchain.
Commodity markets move continuously. The capital behind them often doesn't.
Together with @AscendFi, we've developed an end-to-end solution that unlocks idle capital for use as collateral when trading energy perpetual futures. View article
Monolith retweeted
🚨 BREAKING: Monolith and Ascend have partnered to develop institutional commodity derivatives trading and onchain clearing infrastructure in the USA.
Examining the teams and technologies potentially involved: $HBAR $XLM $LINK $POL $ETH
MONOLITH
Monolith is pursuing CFTC registration as a Designated Contract Market, initially focused on cash-settled energy and commodity perpetual futures.
The platform is being built by Windhelm Labs, which has extensive connections to the Hedera ecosystem.
• Rufus Daniel (@Zepzi), formerly Hedera Foundation
• Milan @MilanWiercx, member of Linux Foundation's Hiero Technical Steering Committee.
• Jason Fabritz, developer of the Hiero .NET SDK.
• Monolith identifies Hashgraph as a technology partner.
The team brings experience spanning institutional derivatives, quantitative trading, Citi, and Citadel.
ASCEND
Ascend is developing institutional credit and collateral infrastructure for tokenized real-world assets.
Its ecosystem connections are equally interesting:
• Stellar ($XLM): Received a $1 million investment from the Stellar Development Foundation and recently completed an institutional repo transaction on Stellar mainnet.
• Chainlink ($LINK): Participates in Chainlink Build, incorporating CRE, CCIP, and oracle infrastructure.
• Ethereum ($ETH): Uses ERC-3643, the standard for permissioned tokenized securities. CEO Dennis O'Connell also serves as president of the ERC-3643 Association.
• Polygon ($POL) and Hedera ($HBAR): Both appear in Ascend's published ecosystem, although their specific deployment roles have not been established.
WHAT THIS MEANS
Monolith plans to operate the derivatives venue, while Ascend intends to provide onchain tri-party clearing infrastructure.
The objective is to enable eligible real-world assets, including physical oil shipments, to serve as collateral for institutional derivatives trading, reducing collateralization timelines from weeks to hours.
This potentially brings together physical commodities, institutional credit, tokenized securities, and derivatives clearing within a regulated U.S. market structure.
These are existing technology and ecosystem relationships. The companies have not confirmed which networks will underpin the Monolith–Ascend integration, and Monolith's regulatory registration remains pending.
Execution and clearing are two different problems. The venue matches the trade; the clearing layer holds the collateral, extends credit against it and carries the accountability when a position moves against someone.
Today we announced a partnership with @MonolithFi on institutional commodity derivatives. Monolith is building an onchain venue for energy perpetual futures and pursuing CFTC registration as a Designated Contract Market; we intend to clear it through our onchain tri-party model.
The aim is eligible real-world assets, such as an oil cargo in transit, posted as collateral in hours instead of weeks.
Full release: prnewswire.com/news-releases…
Monolith retweeted
🇺🇸 NEW: Monolith and Ascend have partnered to develop institutional commodity derivatives trading and onchain clearing in the U.S.
Monolith is pursuing CFTC registration, while Ascend plans to enable eligible tokenized assets, including oil shipments, to serve as collateral.
Commodity markets move continuously. The capital behind them often doesn't.
Together with @AscendFi, we've developed an end-to-end solution that unlocks idle capital for use as collateral when trading energy perpetual futures. View article
AI Agents will become first class citizens of all modern institutional trading venues.
Today, Co-Founder @moralesonchain joins @1inch in DC on the panel "AI Agents and Autonomous Finance".
Our team is in Washington for DC Fintech Week 🇺🇸
Here we'll be discussing institutional onchain finance and the future of 24/7 markets.
It was great to speak in Singapore on a panel of such highly accredited institutions.
Here we got to discuss institutional DeFi & RWAs, including my input on how Monolith is optimising to scale institutional onchain finance.
CGO, Rufus Daniel (@Zepzi) joins Citi, JP Morgan, Schroders, and Northern Trust on a panel in Singapore.
They discussed RWAs, institutional DeFi, and the road ahead for the institutional adoption of tokenized assets on the secondary markets and wider onchain finance.
CGO, Rufus Daniel (@Zepzi) joins Citi, JP Morgan, Schroders, and Northern Trust on a panel in Singapore.
They discussed RWAs, institutional DeFi, and the road ahead for the institutional adoption of tokenized assets on the secondary markets and wider onchain finance.
Energy market risk is 24/7. The infrastructure it's built on isn't.
Monolith is built to enable continuous risk hedging, every hour, every day.
Last week we met with the OCC, SEC Crypto Taskforce, and White House Council of Economic Advisers as part of the UKxUS Washington delegation.
Despite the CLARITY acts delay, it is clear that Washington still remains committed to ensuring the US leads in onchain capital markets.
Monolith will be in Washington this week 🇺🇸
Here we will be engaging with regulators on the topics of 24/7 trading, tokenization, and beyond.
As Co-Founder, CFO & CAIO, @moralesonchain brings deep financial risk and AI experience to the team.
With a PhD in applied mathematics, Manuel is Associate Professor at Université de Montréal and was previously Chief AI Scientist at National Bank of Canada.
As CTO, @X_TheSixDemonBg brings 25+ years as a quantitive engineer with deep energy market expertise.
Previously FICC at Citi and Energy Trading at Citadel, Brad has built and traded HFT systems at the highest level - working with oil & gas majors across the globe.
Perpetual and dated futures should be treated as complementary - not substitutable - instruments.
We share our full response to the @CFTC RFC below.
Energy risk doesn’t keep market hours. The infrastructure used to manage it shouldn’t either.
Read our response to the @CFTC’s RFC on 24/7 futures and perpetual contracts referencing physically delivered or storable energy commodities.
regulations.gov/comment/CFTC…





















