Product
Settlement
Per-trade, per-client settlement with no pooling of assets and no commingling of funds. D1 is a trade execution and settlement counterparty — not a custodian.
How it works.
Every trade is settled individually against the specific client's account or wallet. There is no omnibus account, no pooled settlement, and no internal book transfer between clients.
Client funds in transit through the settlement flow are segregated from D1 operating funds at all times. D1 does not finance its operations from client balances and does not extend client assets as collateral or working capital.
Settlement framework.
Per-trade, per-client — Every trade settles individually against the client's designated account or wallet. No omnibus accounts, no pooled flows.
No commingling — Client funds in transit are segregated from D1 operating funds at all times.
Onward custody is the client's choice — After settlement, assets move to the client's own custodian — whether that's Fireblocks, a qualified institutional custodian, or the client's own infrastructure.
Operational security — Assets in flight are protected by Multi-Party Computation signing, policy-based approval workflows, and continuous monitoring through institutional-grade infrastructure.
T+0 where supported — Same-day settlement on supported corridors and pairs. T+1 standard. Settlement windows confirmed at trade execution.
Coming in 2026: Swiss custody.
D1 plans to launch a regulated digital asset custody offering through our Swiss entity, expected to commence in 2026, subject to applicable Swiss regulatory requirements and authorizations.
Until that offering is live, D1 does not hold itself out as a custodian and does not provide custody services in any jurisdiction. Further detail will be made available to qualified counterparties as the offering approaches launch.