See the real foundations.
Structure. Analysis. Conviction.
Institutional
intelligence for
digital assets.
Strategy, valuation and advisory for a more transparent digital asset economy.
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Our perspectiveDigital assets,
Digital assets,
understood
differently.
01 Capital provides institutional-grade intelligence on the economics, structures and behaviours that define digital assets. We help investors, boards and protocol teams make clearer decisions — with independent analysis, rigorous valuation and deep sector expertise.
Learn more about 01 Capital →Go beyond the noise.
Make better decisions.
SolutionsAsset-native intelligence.
Asset-native intelligence.
Institutional discipline.
Protocol valuation
Independent, rigorous valuation of digital assets, networks and tokenised structures.
Value created is not automatically value captured.
Analysis for holders
Ownership, liquidity, conditionality and risk analysis for institutional asset holders.
Unlock timing can create economic seniority without contractual seniority.
Treasury & analytics
Decision-grade analysis of treasury composition, liquidity and management options.
Treasury tokens are not obligation-free assets.
Tokenisation
Real-world assets, properly structured.
What decides whether an issuance is investable: the asset, the legal wrapper, the venue and the regulatory home.
Transaction support
Consulting support through the transaction, on the client's side of the table.
Sell-side, buy-side and joint venture: valuation analysis, documentation, counterparty research and support through negotiation.
Strategic & board advisory
Independent advice for boards and leadership teams operating in digital-asset markets.
A view, in writing, that stands up in a board pack.
Insights
Ideas for a more informed market.
Research
View the full insights archive →When an L1 Outlives Its PurposeMany L1 tokens may outlive the applications and differentiation that once justified them. ZetaChain frames the consolidation question: a surviving ticker is not evidence that its original economics survived.
→news summarySEC Guidance Eases Token Accrual Scrutiny as RWA Lending Exposes Trading GapsSEC staff clarified that buybacks on functional networks do not create securities, while tokenized equity loans and THORChain settlement illustrated onchain structural risks.
→PerspectiveThe Governance Discount: When Tokenholders Fund Options They Do Not ControlProtocol value often extends beyond tokenholder governance. Investors should separate control over deployed code from control over upgrades, interfaces, trademarks and future intellectual property.
→Market intelligenceCircle’s Arc Launch Moves Stablecoin Competition Into the Settlement LayerArc turns Circle from a stablecoin issuer into a settlement-network operator. The shift could deepen USDC’s institutional utility, but it also concentrates control across money, infrastructure and distribution.
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We have worked with leading protocols and institutions since 2019. Whether you are a protocol team, an institutional holder or an investor, we welcome the opportunity to discuss how 01 Capital can support your objectives.