One in four Americans owns crypto.
Almost none of it is advised.
Ketju explains the economic claim, control path, loss path, and exit evidence, then separates that research from firm-shelf policy and the advisor’s client decision.
$49 per advisor per month · first 14 days free · cancel any time
| Protocol | Research / shelf | Why |
|---|---|---|
| Maple Finance → | Adverse research finding | Uncollateralised credit. One pool’s lenders lost 80% in 2022. |
| USD.AI (sUSDai) → | Adverse research finding | A private credit fund with a 30-day exit gate, named like a dollar. |
| Aave v3 → | Shelf eligible | Favorable with conditions; shortened review after a nine-figure governance failure. |
Ownership: National Cryptocurrency Association, 2026. Held-away share: Bitwise/VettaFi 2026 Benchmark Survey.
One position, resolved
A client says “I have USDC.” That names one layer of four. Pick the protocol, the chain, and the custody. The Atlas shows who can change the rules or block access, tests the position against each mandate, and writes the paragraph for the client file. The demo composes one protocol live; the terminal composes across the whole Register.
The evidence is ours to defend. The client decision is the advisor’s.
From wallet to decision file
Record a client and add their wallet address. Ketju reads the holdings and names all four layers of every position: the asset, the protocol, the chain, and the custody. Each holding carries its research and shelf status, and the client’s digital-asset budget becomes a decision file for the client folder. The client’s keys never move.
The updates feed reads the same holdings. When an incident, a governance action, or a rule change touches a position one of your clients holds, that client leads the list.
Research does not stop at shelf eligibility
The Board watches every shelf-eligible venue for changes in yield, reported TVL, and events that can change the research. Executable exit capacity comes from position-specific protocol reads.
| Venue | Chain | Observed yield | Reported TVL | Grade |
|---|---|---|---|---|
| Lido (stETH) · STETH | 2.30% | $23.06B | sovereign | |
| Sky (formerly Maker) savings · SUSDS | 3.60% | $4.62B | hybrid | |
| Rocket Pool (rETH) · RETH | 2.17% | $1.25B | sovereign | |
| Aave v3 · SGHO | 4.50% | $173M | crypto-backed | |
| Sky (formerly Maker) savings · USDS | 5.87% | $168M | hybrid |
The memo behind every research assessment is public in the Register. Subscribers get the full Board and the daily alerts wired to their clients’ positions.
What changed outside the price chart
Incidents, governance, upgrades, launches, and closures that can change an advisor’s diligence file. Primary evidence first.
The practice you grow with it
Win new households
67 million Americans own crypto. Most have never met an advisor fluent in it. Fluency wins the first meeting.
Delight your clients
When a client asks about the thing paying 12%, open the memo. Explain the economic claim, who pays, what can fail, and how the client could exit.
Turn held-away crypto into advised crypto
The client keeps their keys. You add the research, client-specific policy, advisor decision, and daily watch, and an unbilled holding becomes a position you advise. On-chain finance now includes BlackRock: tokenized Treasuries passed $15 billion this year.
The Register: 629 research records, published in full
Every tracked protocol has a memo: its research assessment, firm-shelf status, selection status, constraints, review conditions, and sources. Ketju researched 175 one by one; 454 apply published category or evidence rules without pretending those rules are protocol-quality ratings. Read the memos and judge the work.
| Protocol | Exposure | Research / shelf | Reviewed |
|---|---|---|---|
| DeFi Saver | Shelf eligible | 2026-08-19 · v1 | |
| Arbitrum Bridge | Shelf eligible | 2026-08-17 · v1 | |
| Axelar | Shelf eligible | 2026-08-17 · v1 | |
| Chainlink CCIP | Shelf eligible | 2026-08-17 · v1 | |
| Coinbase Bridge (Base canonical bridge) | Shelf eligible | 2026-08-17 · v1 | |
| Ammalgam DLEX | Outside firm policy | 2026-09-15 · v1 | |
| Axis (USDx) | Adverse research finding | 2026-09-15 · v1 | |
| Coffer | Outside firm policy | 2026-09-15 · v1 | |
| Finance Without Borders | Outside firm policy | 2026-09-15 · v1 |
Showing 9 of 629. The full Register is public.
Regulation, proposals, and client education
Regulation
Acts, rules, and enforcement logged as they move. Research and shelf decisions are re-examined against the changes.
Ketju Digest
The week, examined: what moved, what fired, which assessments or shelf decisions changed. Written to be forwarded.
Client purposes and decision support
4 model purposes make the control trade-off explicit. Ketju filters evidence and constraints; the advisor chooses whether to act, what to select, and how much. Private beta.
Client education
Plain-English explainers you can forward to clients: what DeFi is, why the highest yield is a warning, who can freeze what.