About
Underwriters first,
token issuers second.
We came from GPU project finance and left to put the asset class on-chain.
By 2026, lending against GPUs stopped being exotic: more than $11 billion had been extended to AI cloud operators, and the first GPU-collateralized facility earned an investment-grade rating. AAA tranches of GPU securitizations now price near 110bps. The asset class institutionalized — off-chain.
We spent years inside that machine, structuring offtake-backed hardware financings for data-center operators. The frustration was always the same: the yield was real, the collateral was auditable, and none of it was reachable by anyone without a nine-figure balance sheet.
Zeryv exists to close that gap. One dollar of $ZERYV is a claim on a reserve of short-term Treasuries and over-collateralized GPU financings — the same underwriting discipline, minted as a stablecoin on Robinhood Chain, the L2 purpose-built for real-world assets.
We publish what an institutional lender would demand: serial-level custody receipts, UCC-1 lien filings, daily validator attestations, quarterly agreed-upon-procedures reports. If we can't prove it, we don't hold it.
Underwrite to contract, not to spot
Rental prices fell 60–75% in two years. Nothing in the reserve depends on spot rates — only contracted take-or-pay offtake at ≥1.3× coverage.
Over-collateralize everything
GPU financings enter the reserve at 1.3–1.5× collateral, 70–80% LTV at origination, amortizing to zero hardware residual.
Attest daily, or it didn't happen
Independent validators sign existence, utilization and revenue every 24 hours. False attestation slashes the validator bond.
Keep the exit honest
Redemptions settle T+7 against the T-bill sleeve; staked positions carry a 30-day cooldown matched to financing amortization. Liquidity is scheduled, not promised.