# August Digital

> August Digital is a New York-based institutional crypto company building on-chain prime brokerage infrastructure. Its platform gives trading desks, funds, protocols and treasuries secure smart-contract accounts, real-time risk and pricing engines, cross-margining, lending, and structured products so they can borrow, lend, trade and settle across DeFi and CeFi with any liquid collateral - all with on-chain auditability. August also operates Upshift, a vault product that opens institutional-grade yield strategies to a wider set of users. The company raised a $10M Series A led by Dragonfly in March 2025 and reports having processed roughly $45B in cumulative volume.

- **Founded:** 2023
- **Headquarters:** New York, New York, United States
- **Founders:** Aya Kantorovich (Co-Founder & Co-CEO), Alexandre Elkrief (Co-Founder & Co-CEO)
- **Team size:** ~20 employees
- **Products:** On-Chain Prime Brokerage Platform, Smart Contract Multi-Signature Accounts, Portfolio & Cross-Margin System, Risk & Collateral Management Engine, Lending & Loan Lifecycle Automation
- **Notable:** Processed roughly $45B in cumulative volume and ~$7B in monthly transaction volume, Raised $10M Series A led by Dragonfly (March 2025), Originated $400M+ in loans over a trailing year

## Products & services

- **On-Chain Prime Brokerage Platform** — Institutional platform to borrow, lend, trade and settle across DeFi and CeFi using any liquid collateral, with secure smart-contract accounts, pricing and risk engines, and institutional execution.
- **Smart Contract Multi-Signature Accounts** — Non-custodial on-chain accounts that hold assets and route execution across protocols while keeping custody and control with the client.
- **Portfolio & Cross-Margin System** — Cross-margining that lets institutions use staked and yield-bearing positions as collateral for structured products, OTC derivatives and credit, improving capital efficiency.
- **Risk & Collateral Management Engine** — Real-time counterparty exposure monitoring, programmatic collateral management and automated liquidations to minimize default risk.
- **Lending & Loan Lifecycle Automation** — Software to originate and manage the full loan lifecycle on-chain; $400M+ in loans originated over the trailing year.
- **Reporting, Proof of Reserves & Analytics** — Institutional-grade reporting with proof of reserves and on-chain auditability.
- **Upshift Vaults** — A vault product opening institutional-grade DeFi yield strategies to a broader set of users; ~$300M TVL.

## Achievements

- Processed roughly $45B in cumulative volume and ~$7B in monthly transaction volume
- Raised $10M Series A led by Dragonfly (March 2025)
- Originated $400M+ in loans over a trailing year
- Grew to 150+ institutional clients and 1,000+ integrations
- Supports 12+ blockchains, 250+ tokens and 265+ protocols
- Launched Upshift, reaching ~$300M TVL

## Latest updates

- **2025-03** — Closed a $10M Series A led by Dragonfly Ventures, disclosing ~$7B in monthly volume and $45B cumulative.
- **2025-03** — PR Newswire release: 'August Raises New Funding After Quietly Hitting $7B in Volume, Proving Institutions Never Left Crypto.'
- **2024** — Expanded Upshift vaults for institutional-grade yield strategies to ~$300M TVL.

## Links

- Website: https://augustdigital.io
- LinkedIn: https://www.linkedin.com/company/fractal-network
- Twitter/X: https://x.com/august_digital

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Profile page: https://yespress.io/august-digital
Published by YesPress — https://yespress.io
Last updated: 2026-07-22