V-Sum Seventeen
Tuesday, November 15, 2022
Supported by Modern Treasury , IowaEDA and Brale
Technical Briefings
Antonio Georgalis, principal solution engineer at Prime Trust, demos the Prime Trust regulated custody and liquidity platform — the API-driven back-end infrastructure that connects crypto to the US dollar financial system for fintechs. The platform covers KYC-gated account creation (/v2/accounts), settlement, cash and asset transfers, and a liquidity API (/v2/quotes) that converts between dollars and roughly eight to ten supported digital assets via a request-for-quote flow. Money-in rails include ACH pull, wire, debit card, and Signet; money-out covers ACH and wire disbursements. The demo walks through the liquidity quote lifecycle end-to-end: RFQ with a price and expiration, execute, and check settlement status. Prime Trust runs two settlement modes — instant (settle asynchronously within milliseconds of execution, default) and scheduled (execute first, move funds in later, settle end-of-day, similar to T+2 in traditional markets) — plus a hot vs. warm balance distinction for automated vs. operations-reviewed disbursements.
Clarisse Hagege & Josh Siegel
Clarisse (co-founder, CEO) and Josh (product) of Dfns introduce Dfns — a developer-first wallet-as-a-service platform that separates the security of the private key from the governance of the assets. Dfns operates a decentralized MPC signer network in secure enclaves so private keys never materialize in memory or on disk — no single point of failure like seed-phrase or multi-sig-HSM setups. The API is chain-agnostic (25 blockchains, 9,000 tokens, new chains in ~3 weeks, new tokens in ~half a day) and built to scale to millions of segregated wallets per customer. A customer demo with Nilos (treasury management) shows how a user signs in and gets a fully functioning EVM wallet in seconds via createAssetAccount (distributed key generation) and initiatePayment, with every transaction subject to Dfns's programmable, API-first policy engine — including 2-of-3-style approvals defined in code rather than in a vendor UI. Pricing is unusual for the custody space: Dfns charges per wallet, per authorized signer, and per policy-engine access — never on AUM or AUC.
Jordan Valentine & Davis Hart
Davis Hart and Jordan of Paxos walk through the regulated crypto infrastructure Paxos provides to financial institutions — including PayPal, Paxos's first crypto brokerage customer from 2020. This briefing focuses on the June 2022 transfers launch: the ability for Paxos customers to enable their end users to deposit and withdraw crypto directly into their wallets without a fiat round-trip. The demo covers the PayPal web UI receive/send flows, Paxos's guaranteed network fees, and the Postman walkthrough of the three-endpoint withdrawal API: create a crypto-withdrawal fee quote (rate locked for minutes so retail users have time to review), submit the withdrawal with amount-vs-total and fee-asset-selection UX tools for developers, and track the transfer to completion with compliance checks and block confirmations. A final deposit-address walkthrough shows how Paxos issues one address per blockchain per end-user — covering Bitcoin, Bitcoin Cash, Ethereum, and the rest of the asset list.
Clay Allsopp
Plaid introduces Wallet Onboard — a Plaid product for crypto developers that brings the familiar Plaid "connect" experience to self-custody crypto wallets. Where Plaid has always linked bank accounts to fintechs, Wallet Onboard normalizes the fragmentation across hundreds of crypto wallets, multiple connection protocols, and the UX differences between MetaMask, Coinbase Wallet, Rainbow, Ledger, and WalletConnect-compatible wallets. The demo shows auto-detection of installed extensions, per-wallet optimized flows (QR for mobile-only wallets, desktop app handoff for hardware), direct wallet-to-app data flow with no Plaid intermediary on wallet addresses, and a drop-in vanilla JavaScript SDK that takes roughly an hour to integrate — plus auto-updates for new wallets and protocols delivered via cdn.plaid.com. Use cases span token gating, NFT mint, holdings tracking, payouts, and message-signature-based authentication.
Sponsors
V-Sum Seventeen was made possible by Modern Treasury , IowaEDA and Brale