
Chateau
Wall Street private credit, tokenized for DeFi. Backed by Hack VC. chUSD – Multi-collateral synthetic dollar backed by stablecoin reserves and institutional custody (BitGo). schUSD – Yield-bearing vault earning 20%+ APY plus token rewards from Covenant Credit Income Fund's secured SME lending portfolio. Covenant is a Manhattan-based hedge fund with an exec team from major investment banks. The credit fund has delivered consistent 2+ Sharpe returns as part of a $500M institutional loan syndicate. Infrastructure: Audited by Zenith Security Real-time reserves via Pyth oracles Institutional custody with BitGo Professionally audited regulated private credit fund portfolio Transparent on-chain proof of assets Risk Management: Hyperdiversified portfolio of 100+ loans. UCC-1 secured loans with personal guarantees, 650+ credit scores, diversified across 50+ loans, maximum 10% single-loan concentration. Real yields from institutional-grade private credit deals.