Sapheth
An Ether treasury company — SAPH.ETH — designed to serve income backed by staking yield, on the model of listed treasury companies. A fully-fledged investment project: identification, analysis and structuring of opportunities — backed by our systems — with end-to-end documented capital deployment.
Staking-backed income
A fixed-income instrument whose coupon is financed in part by the staking yield of treasury-held Ether — not by dilution.
Sequential capital stack
Equity seeding first, then complementary instruments — issuances, convertibles, preferred — activated one by one, only under market conditions.
Dedicated coverage reserve
A ring-fenced reserve covering several years of coupons, deliberately contained leverage and documented responses for every market scenario.
Governance & custody
Multi-signature key distribution, institutional-grade custody and published proof of reserves: a treasury verifiable at any time.