Debt markets were designed for a different century. We’re rebuilding them.

Direct, regulated onchain credit infrastructure for every bond market.

Every year, governments, corporations, and municipalities issue hundreds of billions of dollars in bonds. This capital funds hospitals, roads, schools, power grids, and the growth of enterprises. It is the lifeblood of the world.

And yet the infrastructure through which this capital flows has not fundamentally changed in half a century.

The machinery of debt finance was built for a different era. We believe it is time to build anew.

A single bond issuance today requires coordination across five or more intermediaries: investment banks, clearing houses, custodians, paying agents, transfer agents. Each operating separate systems. Each extracting their toll.

The friction is immense. The opacity is deliberate. The cost is borne by the issuers who can least afford it.

What we are building

OpenCharter is infrastructure. A single, immutable ledger that replaces the patchwork of intermediaries with one source of truth. Bonds issued as programmable instruments, by sovereigns, corporations, and municipalities alike, with transparent ownership records and automated coupon payments.

We maintain the legal frameworks that institutions trust. Standard New York law documentation, the same governing structures that underpin traditional debt markets. The rails are rebuilt entirely.

One ledger. Instant settlement. No reconciliation. The architecture of a more efficient world.

Why now

For the first time in history, there exists a pool of institutional capital that is native to the very infrastructure we are building. Stablecoin treasuries. Crypto funds seeking yield on real-world assets. Billions in capital searching for fixed-income returns.

The technology is ready. The capital is waiting. What remains is the will to build.

Founders

Duncan Cock Foster

Duncan

Griffin Cock Foster

Griffin

Duncan & Griffin Cock Foster

We have built a billion dollar company before.

We built Nifty Gateway from nothing into the platform that brought digital art to the world. Acquired by Gemini in 2019, it became the foundation upon which a billion dollars in transactions flowed, and through which over five hundred million dollars reached artists directly.

We learned that markets don’t change because someone asks nicely. They change when a better piece of infrastructure makes the old way genuinely obsolete. We built that once. We know what it takes.

We are applying that same conviction to debt capital markets. Because the infrastructure of capital deserves the same rigor, the same ambition, the same refusal to accept that this is simply how things must be.

Featured In

New York Magazine
The Times

If you believe the machinery of debt finance is due for reinvention, we should speak.

We are in conversation with sovereign governments, corporations, municipalities, institutional investors, and those who see what is coming.

You can also email us at duncan@opencharter.co