Partners & service providers
Another important aspect is the selection of the right service providers. At Yieldteq we are working with leading financial institutions that provide credibility, expertise, and exceptional know-how. Collaborating with institutions that have experience in handling cryptocurrency-related business can further facilitate compliance with financial regulations and enhance the reputation of the crypto service provider.
When selecting service providers, we conduct thorough due diligence to ensure they meet the highest standards of security and compliance. We assess their track record, reputation, compliance frameworks, and security protocols.
These are the partners, service providers, and transaction parties that make USTY happen:
| Bank of New York Mellon (BNYM) | The custody account bank for purchasing the ETF. BNYM has US$46.6 trillion assets under custody and/or administration. |
| BlackRock | The investment advisor for the ETF. BlackRock is one of the world’s leading providers of investment, advisory and risk management solutions with US$8.59 trillion in assets under management as of December 31, 2022. |
| State Street Bank and Trust Company | Administrator, custodian and transfer agent for the ETF. |
| Securitize | Transfer Agent and Yieldteq partner for KYC, accreditation, and investor on-boarding. |
| Trade Asset Securitisation Company | The bankruptcy-protected company through which Yieldteq receives exposure to the ETF. |
| Tradeteq | The technology platform and services provider that acts as Programme Manager and that assists with the tokenization. Tradeteq has provided its services for asset programs equal to US$55 billion. |
| USTY Vault | The wallet to which USDC subscriptions are being made by investors and from which redemption will be serviced. |
| XDC Network | XDC Network is an enterprise-grade, open-source blockchain protocol. While uniquely suited to revolutionize, decentralize, and liquify the trade finance industry through the tokenization of real world assets and financial instruments, the EVM-compatible and smart contract-enabled Layer 1 network is geared to support a wide variety of enterprise applications. |
| Yieldteq | The USTY issuer to which investors contribute capital. |