Solstice, the yield infrastructure layer for Solana, today announced that Fasanara Digital has deployed capital to YieldVault, the protocol’s flagship delta-neutral yield strategy. Fasanara joins Nasdaq-listed DeFi Development Corp (DFDV) as an institutional allocator to the platform.
Fasanara Digital is the digital assets arm of Fasanara Capital, a London-based alternative asset manager with $5.5 billion in assets under management and a 14-year track record. Fasanara Digital manages $500 million in market-neutral crypto strategies and won Best Overall Digital Asset Manager at the 2023 Hedgeweek European Digital Assets Awards.
The deployment reflects strategic alignment between Fasanara’s investment approach and YieldVault’s architecture. Fasanara Digital runs quantitative strategies across spot and derivatives markets, maintaining market-neutral positioning through systematic hedging. YieldVault operates on the same principle, using funding rate arbitrage and hedged positions designed to generate yield independent of directional market moves. For a fund built on a delta-neutral discipline, YieldVault offers yield infrastructure that matches its risk framework.
YieldVault is a permissionless wrapper for Solstice’s delta-neutral strategy, operating since January 2023. The strategy is designed to generate yield through funding rate arbitrage, hedged staking, and tokenized treasury positions. Allocations shift based on market conditions. Institutional participants access the strategy through off-exchange settlement via Copper and Ceffu, with independent proof-of-solvency attestations from Accountable.
“Funds like Fasanara run extensive due diligence on custody, security, and operational risk before committing capital,” said Ben Nadareski, CEO of Solstice Labs. “We built Solstice to meet those standards while keeping the permissionless access that defines DeFi.”
“We run delta-neutral strategies across every asset class we touch. When we evaluated onchain yield infrastructure on Solana, YieldVault’s risk architecture aligned closely with ours. That made the allocation decision straightforward,” said Nikita Fadeev, Managing Partner of Fasanara Digital.
YieldVault integrates across the Solana ecosystem through partnerships with Kamino, Exponent, and Orca. Users can stack protocol rewards on top of base YieldVault performance through these integrations.
About Solstice Labs
Solstice is the yield infrastructure layer for Solana, coordinating yield flows across the ecosystem’s core economic engines. The protocol’s flagship products include USX, the largest Solana-native stablecoin, and YieldVault, a permissionless delta-neutral strategy that has operated since January 2023. Solstice serves both retail users through its permissionless interface and institutional clients through partnerships with leading custodians and prime brokers. Solstice Labs AG is a Deus X Enterprise company based in Zug, Switzerland.
About Fasanara Digital
Fasanara Digital is the digital assets division of Fasanara Capital, a London-based alternative asset manager with $5.5 billion in assets under management and a 14-year track record. Fasanara Digital manages $500 million in market-neutral crypto strategies, running quantitative approaches across spot and derivatives markets. The team includes senior talent from Citadel, Millennium, and Tower Research. Fasanara Digital won Best Overall Digital Asset Manager at the 2023 Hedgeweek European Digital Assets Awards.
