Coinshift Overview
Asset Management, payments, and accounting. All in one place.
Last updated
Asset Management, payments, and accounting. All in one place.
Last updated
Coinshift is the largest, most comprehensive onchain business economy. The Coinshift platform enables any organization to access asset management, payments, and accounting — all in one place, all free of charge. Coinshift envisions a future where businesses are empowered by banking services, but not restricted by limitations of banks. To date, organizations such as Gitcoin, Aave, and Zapper have trusted Coinshift with over $1 billion in managed funds.
The Coinshift platform is powered by a set of decentralized financial products and assets, including the yield-bearing stablecoin csUSDL and Coinshift’s native token, SHIFT.
In 2022, Coinshift raised $17.5M in a Series A round, with backing from Tiger Global, Sequoia, ConsenSys, and Polygon.
With permissionless participation, transparent operations, and enhanced access to infrastructure, more and more assets are moving onchain. Both individuals and institutions are embracing stablecoins and real-world assets (RWAs). Notably, BlackRock’s BUIDL and Franklin Templeton’s FOBXXX have collectively surpassed $1 billion AUM as of December 2024. The total market cap of stablecoins has surpassed $200B, marking the fifteenth consecutive month of unprecedented growth. This migration to onchain finance demands robust infrastructure that can match traditional banking capabilities while making the most of DeFi opportunities. Yet, there are challenges associated with banking onchain, from key custody, to payment, reporting, compliance, and yield generation. Coinshift is built to resolve these underlying challenges. Here's what Coinshift offers as key features:
Infrastructure & Security: Built with a secure, multi-signature self-custodial solution with cross-chain capabilities and programmable treasury rules.
Integrated Product Suite: Combines essential treasury functions - asset management, payments processing, and accounting compliance (GAAP/IFRS) - in a single user-friendly platform.
Treasury Value Creation: While traditional platforms create closed ecosystems, Coinshift generates value through shared infrastructure, standardized practices, and permissionless treasury deployment to generate yield.
The Coinshift empowers forward-thinking businesses and financial institutions to move and manage onchain assets seamlessly. Under Coinshift’s asset management suite, we offer innovative solutions designed to optimize yields and enhance capital efficiency.
csUSDL is Coinshift's first yield-bearing stablecoin offering holders market-leading returns. As an institutional-grade asset, csUSDL offers both businesses and investors the opportunity to do more with their stablecoins. csUSDL is backed by Paxos’ USDL stablecoin, and gives a secure and DeFi-native way for businesses to grow their treasuries and individuals to grow their portfolios without exposing themselves to the volatility of typical token investments.
Coinshift csUSDC is second asset under Coinshift Treasury. csUSDC is an over-collateralized and capital-efficient stablecoin issued as a receipt token for supplying Circle’s USDC to the Coinshift USDC Vault. With csUSDC we bridge the gap between USDC liquidity needs between suppliers and borrowers against assets like wstETH and cbBTC.
Coinshifts's csUSDC-csUSDL is V3 Boosted Balancer Pool for capital efficient stablecoins liquidity. The pool allows LPs to supply wUSDL/USDC to the boosted pool, which automatically deposits liquidity into the csUSDL and csUSDC Morpho Vaults.
SHIFT is the token of the Coinshift economy. It encourages the maintenance and the growth of the onchain treasury economy by aligning parties, incentivizing liquidity, and managing the economy’s native assets, such as csUSDL and csUSDC. The SHIFT token aligns incentives across a diverse ecosystems —including asset managers, RWA holders, accountants, institutions, onchain businesses, and individuals—by granting holders governance rights and a role in the protocol's development.
