Private OTC Settlement
Zero counterparty risk & zero on-chain footprint
Last updated
Zero counterparty risk & zero on-chain footprint
Last updated
OTC conducted in the current market consists of counterparty risk as well as the transaction broadcasted on-chain for everyone to know the sender and the recipient.
Through Singularity, the buyer and the seller can settle their OTC trades without counterparty risk or an on-chain footprint.
This is a non-custodial solution without the need for a third-party escrow service.
Users agree the price and terms offline, then settle atomically via Singularity with full transaction confidentiality.
No transaction data (asset, price, amount) can be seen on explorers or on-chain.