Saturn's digital credit holdings (STRC) are held offchain through a BVI professional fund structure, with institutional-grade custody and administration.
Custody: STRC is custodied with Clear Street, Galaxy's custodian partner.
Fund Administration: The fund is administered by Securitize, a US-registered broker-dealer and transfer agent.
Structure: The fund is incorporated in the British Virgin Islands as a professional fund.
This structure provides regulatory compliance and independent oversight of Saturn's digital credit positions.