Frequently Asked Questions
Common questions about OPTKAS membership and platform capabilities.
About OPTKAS
What is OPTKAS?
OPTKAS is a private, membership-based financial platform that provides qualified entities with access to sovereign capital markets infrastructure. This includes structured capital facilities, settlement coordination, and evidence-based attestation services — all governed through a conservative, membership-first model.
Is OPTKAS a bank or credit union?
No. OPTKAS is not a bank, credit union, broker-dealer, or deposit-taking institution. It does not accept deposits, offer savings or checking accounts, or hold member funds. All capital flows are processed through regulated third-party custodians and escrow agents.
How is OPTKAS structured?
OPTKAS operates as a private financial cooperative — inspired by the governance principles of credit unions — where membership confers access to infrastructure and capabilities, not financial products. The platform is operated through a Wyoming Series LLC structure with strict separation of governance, custody, and settlement duties.
Where are member assets held?
All member assets are held by licensed, regulated third-party custodians. OPTKAS never takes possession of member capital. Custody, settlement, and governance are deliberately separated across independent entities and service providers.
Membership
How do I become a member?
Membership begins with a formal application. You provide entity information, jurisdiction, and intended use. Applications are reviewed by a membership committee. There is no self-service registration or instant access — review is thorough and deliberate.
Who can apply?
OPTKAS serves qualified entities including corporations, LLCs, funds, SPVs, trusts, partnerships, and qualified individuals. All applicants undergo KYB/KYC review. Membership is not available to the general public without review.
How long does the review take?
Membership review typically takes 5 to 10 business days, depending on the complexity of the applicant's entity structure and documentation. OPTKAS prioritizes thoroughness over speed.
Does applying guarantee membership?
No. Membership is a privilege extended after review, not a right of registration. The membership committee may request additional documentation or decline an application at its discretion.
What are the membership tiers?
Membership is structured in four tiers: Registered Applicant (Tier 0), Member (Tier 1), Participating Member (Tier 2), and Institutional Participant (Tier 3). Each tier unlocks additional capabilities and requires additional review. Advancement is never automatic.
Capabilities & Facilities
What can members access?
Depending on membership tier, members may access: capital facilities, asset participation programs, settlement coordination, risk analytics, data room documentation, and attestation services. All capabilities are subject to governance approval.
What are "capital facilities"?
Capital facilities are structured credit arrangements backed by overcollateralized asset pools. They are not consumer loans or self-service products. Each facility is structured on a case-by-case basis, reviewed by the governance committee, and documented through formal agreements.
Can I move funds through the platform?
There is no self-service fund movement on OPTKAS. All capital flows are processed through regulated custodians and escrow agents, governed by signed agreements, and subject to multi-party approval. This is by design — it is a safety feature, not a limitation.
What does "attestation" mean?
Attestation is the process of creating permanent, cryptographic evidence of material actions — such as custody confirmations, document executions, and settlement completions. These are anchored to immutable public ledgers and are verifiable by anyone, forever. They serve as evidence, not as governing instruments.
Governance & Safety
How is the platform governed?
OPTKAS uses multisignature governance — critical operations require approval from multiple authorized signatories. No single individual or entity can unilaterally move assets, issue facilities, or alter platform parameters. This model is inspired by credit union governance principles.
What is overcollateralization?
All credit facilities on OPTKAS are structured with collateral coverage of 250% or greater. This means for every dollar of facility exposure, there is $2.50 or more in verified, custodied collateral backing it. The platform does not extend undercollateralized credit.
What is "legal primacy"?
Legal primacy means that all obligations are defined by off-chain legal agreements subject to applicable jurisdictional law. Blockchain and ledger records serve as evidence, not as the governing instrument. In any dispute, the legal agreement controls — not the on-chain record.
Is there FDIC insurance?
No. OPTKAS is not a bank and does not offer FDIC-insured accounts. However, the platform's overcollateralization requirement (250%+), custody separation, and governance controls provide structural protection that operates differently from — and in many cases more conservatively than — deposit insurance.
Still have questions?
Contact the OPTKAS Membership Office for additional information.
All inquiries are handled with confidentiality.