About Vault
At Vault, our mission is to help people access better credit terms using digital assets. We are focused on bringing truly digital collateral to lending platforms and making that process seamless for lenders and borrowers alike.
We’re a team of digital asset and fintech lending professionals who think the time is right to let people get credit for their accumulated assets. We’re actively seeking partners in the lending industry who share this vision.
Bridging Institutional Discipline & Innovation
Vault appreciates that it takes time for fixed income markets to develop comfort with new innovations. We are committed to engaging with capital providers, regulators, rating agencies, and other market participants to improve understanding and appreciation for the collateral qualities of digital assets that are the basis of our conviction for this business.
Building for Financial Asset Tokenization
We see a future where more assets are tokenized and imbued with the same technological traits that make today’s digital assets superior collateral. Vault is building the critical infrastructure to allow lenders to capitalize on the tokenization opportunity.
Our Founding Story
Our fintech experience began when Mike co-founded CommonBond, a fintech lender focused on student loan refinancing. Nate joined the founding team that took the company live in 2012. CommonBond went on from a startup concept to a major originator, issuing over $5bn in loans, with multiple securitizations rated investment grade by top credit rating agencies. In the interim, we each took on separate roles in fintech, but a new technical innovation would bring us back together.
In early 2021, we both began working in decentralized finance (DeFi), an umbrella term for financial activity powered by permissionless blockchain networks. We partnered to launch the institutional strategy for the asset management protocol Index Cooperative. We explored other digital asset opportunities, with Nate leading Business Development at DeFi Pulse and Mike co-founding an institutional Ethereum liquid staking venture, Alluvial.
As former fintech professionals, we were fascinated by the promise of upgraded financial rails via blockchain technology. While many digital asset enthusiasts promise a new world of innovation, experience tells us that adoption waves are often incremental processes that only seem like overnight revolutions in hindsight. The unique technical traits of digital assets make them easily transferable and recoverable. At Vault, we harness that technical prowess to improve a market we know well.
As borrowers ourselves, it never quite made sense why assets we had accumulated couldn’t be a part of how we demonstrated our ability to repay a loan. As fintech builders, we encountered the logistical and historical reasons for the unsecured credit market to have grown the way it has. But now that there are assets that are efficiently recoverable, we think that should change. We are building towards a future where borrowers can pledge their assets easily and effectively to obtain better credit terms.
Our Founding Story
Our fintech experience began when Mike co-founded CommonBond, a fintech lender focused on student loan refinancing. Nate joined the founding team that took the company live in 2012. CommonBond went on from a startup concept to a major originator, issuing over $5bn in loans, with multiple securitizations rated investment grade by top credit rating agencies. In the interim, we each took on separate roles in fintech, but a new technical innovation would bring us back together.
In early 2021, we both began working in decentralized finance (DeFi), an umbrella term for financial activity powered by permissionless blockchain networks. We partnered to launch the institutional strategy for the asset management protocol Index Cooperative. We explored other digital asset opportunities, with Nate leading Business Development at DeFi Pulse and Mike co-founding an institutional Ethereum liquid staking venture, Alluvial.
As former fintech professionals, we were fascinated by the promise of upgraded financial rails via blockchain technology. While many digital asset enthusiasts promise a new world of innovation, experience tells us that adoption waves are often incremental processes that only seem like overnight revolutions in hindsight. The unique technical traits of digital assets make them easily transferable and recoverable. At Vault, we harness that technical prowess to improve a market we know well.
As borrowers ourselves, it never quite made sense why assets we had accumulated couldn’t be a part of how we demonstrated our ability to repay a loan. As fintech builders, we encountered the logistical and historical reasons for the unsecured credit market to have grown the way it has. But now that there are assets that are efficiently recoverable, we think that should change. We are building towards a future where borrowers can pledge their assets easily and effectively to obtain better credit terms.