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Ranveer
@ranveerar89
Co-founder @alturax | Former Fixed Income Strategist @AB_insights | Ex-@PwC | Passionate About Financial Innovation & Data-Driven Insights |
145 Following    23.6K Followers
Hi everyone, As many of you have already seen, we have now received the full return of funds from our RWA partners as of 23 July 2026. What's happening next? Our next step is to complete the OTC transaction over the coming days. We have been informed that our OTC account should be active today or tomorrow. However, to remain conservative with our timeline, we are working on the assumption that it will be fully operational by 27 July, allowing us to complete the OTC purchase between 27–28 July. To streamline the final funding process, we have decided to consolidate all assets into our Kraken account, as Kraken supports withdrawals on HyperEVM. This means funds currently held on OKX, Cobo, as well as the OTC purchases, will all be transferred to Kraken. As always, every transfer will be publicly visible on our Proof of Reserve page, allowing the community to follow the movement of funds in real time as we complete this final stage. Based on the current timeline, we expect the Vault to be fully funded on or before 31 July. Once the Vault is fully funded, you will be able to redeem your funds exactly as before. The Vault functionality and redemption process will remain unchanged. What's next for Altura? Over the past few months, Altura has worked tirelessly to unwind all of its strategies in a transparent and responsible manner. Throughout this process, we have remained committed to keeping our community informed every step of the way. We would also like to extend our sincere thanks to our RWA partner, Inessa and Travessia, for delivering on their commitments—and doing so ahead of schedule. For now, Altura will be winding down operations. After an incredibly demanding period, it's time for us to take a well-earned break and spend some time with our families. It has been a privilege to serve this community, and we are incredibly grateful for the trust and support you've shown us throughout this journey. If there is an opportunity to launch another Vault in the future, you will be the first to know. Until then, thank you for being part of the Altura community.
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These are unfounded accusations. Every address below is part of our vault architecture, and all of it is public. A/ 0xFC45cF9323A3057899bc681Bcb7F781f87660ADf Where we deposit funds with our custody partner, @Cobo_Global. B/ 0xBD151BeF567dAbf712A811402A27839768a13D70 Cobo's custody wallet, where funds are pooled. Standard custody token sweeping: C/ 0x873E1C729a12658E4e3f39e927687E424967CcbF Our deployment wallet. From here, funds go out to strategies. The transfer to Kraken funds our RWA strategy, which can't be funded directly on HyperEVM, so the funds route through an exchange to reach it. Over the last 4 days it has instead routed back to the vault to meet redemptions. D/ 0xd0Ee0CF300DFB598270cd7F4D0c6E0D8F6e13f29 Our vault. Funds return here as liquidity is needed for redemptions. The vault is over-collateralized, near 104% and live on our dashboard.
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Dear Users, Over the past 24 hours, we have experienced an unprecedented level of withdrawal requests and have successfully processed more than 8.5 million USDT in instant redemptions. Given the sustained withdrawal demand and current market sentiment, we have made the difficult decision to begin an orderly wind-down of the Altura vault. Our priority remains the protection of user capital and ensuring all redemptions are completed in a fair, transparent, and efficient manner. To facilitate this process, we have notified all counterparties and partners of our decision and have started unwinding positions across the portfolio. These positions include allocations held on exchanges, private credit opportunities, and real-world asset strategies. While some positions can be redeemed immediately, others require standard settlement and redemption periods, and we are working closely with all counterparties to accelerate the process wherever possible. We want to reassure all users that the wind-down is being conducted in a structured manner and that capital is being returned as underlying positions are redeemed. Despite it being a weekend, our team has worked around the clock to process withdrawal requests and maintain continuous communication with partners and users. I am incredibly proud of the effort and commitment demonstrated by everyone involved during this period. Personally, I am deeply disappointed by how quickly misinformation and speculation can spread within the industry. Altura has always operated with transparency and integrity, and it is unfortunate to see unfounded narratives contribute to market fear and withdrawal pressure. Nevertheless, our focus remains unchanged: executing an orderly wind-down and returning capital to users as efficiently as possible. We will continue providing regular updates as redemptions progress and additional liquidity becomes available. Thank you for your trust and support throughout this process. Ranveer Arora CEO, Altura
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Forward to community
AVLT utility is growing with new use cases. Altura's core values are earning trust for the vault's yield-bearing tokens and opening new markets for our depositors to capture value.
Altura's strategies work. But it wasn't just yield that got us here. Depositors know that our execution, risk management, security standards, compliance posture, DeFi integrations, and commitment to transparency all set the protocol in a class of its own. Time to double down.
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