on-chain-prime-brokerage
(2)
Alexandre Elkrief
He managed institutional crypto positions on spreadsheets and assumptions, then watched the market blow up. Now he is trying to rebuild the plumbing so it can't happen the same way twice.
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.