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The settlement primitive
venues build on
Atomic settlement
Attested reserves
Deterministic finality
Trades happen everywhere.
Settlement happens here.
Route a matched trade.
Pipeshift settles it atomically.
Integrate settlement
in three simple steps
Connect your venue
Point your DEX, RFQ desk, or lending market at Pipeshift through the ISettlement interface. One integration, every asset.
Submit for settlement
Route matched trades to Pipeshift. The engine validates the token leg and the payment leg before anything moves.
Settle with finality
Pipeshift settles atomically — delivery-versus-payment, net positions, deterministic finality, reconciled to custody.
Everything a venue needs to settle.
Settlement that never half-fills.
Delivery-versus-payment settles the token leg and the payment leg together, or not at all. No half-filled trades, no failed-leg exposure, no manual unwinds.
Atomic DVP — both legs settle, or neither
Deterministic finality on Robinhood Chain
Guarantees backed by staked $PIPE
Slashing for settlement faults
One canonical token
per real share.
Every pEquity maps to one real share held in attested custody. Mint and redeem only through Pipeshift, so one pAAPL always means one AAPL — across every venue.
pEquity standard for tokenized equities
Authorized-participant mint & redeem
ISIN / CUSIP mapping, attested on-chain
One fungible asset across every venue
Settle net, not gross.
Venues submit trades; Pipeshift nets offsetting positions and settles the difference. One net transfer instead of thousands — less on-chain load, less counterparty risk.
Multilateral netting across venues
Net position settlement, not trade-by-trade
Guarantee fund covers settlement risk
Fewer transfers, lower on-chain cost
Dividends and splits, handled.
Dividends, stock splits, and mergers propagate to every token holder automatically at the settlement layer. No venue has to track corporate actions itself.
Automatic dividend distribution
Split and merger adjustments on-chain
One source of truth for every venue
The settlement stack.
Built in.
Settlement on one side, the registry on the other. DVP execution, netting, custody attestation, corporate actions and compliance — every venue plugs into the same primitives.
Settlement
ATOMIC DVP
Settle the token leg against the payment leg in one atomic transaction. No half-fills, no failed-leg exposure.
NET SETTLEMENT
Net offsetting positions across venues and settle the difference. One transfer instead of thousands.
TRANSFER RESTRICTIONS
Lockups, eligibility and jurisdiction rules enforced at the token level, before a trade reaches settlement.
DETERMINISTIC FINALITY
Settled means settled. Every batch reaches final state on Robinhood Chain in a known block.
Registry
CANONICAL
REGISTRY
The source of truth mapping each pEquity to its underlying share, ISIN/CUSIP and attested custody.
PROOF-OF
RESERVES
Independent attesters publish custody proofs on-chain. Circulating supply is checkable against reserves.
CORPORATE ACTIONS
Dividends, splits and mergers propagate to holders at the settlement layer. No venue tracks them separately.
MINT & REDEEM
Authorized participants mint against deposited shares and redeem back to the underlying, one for one.
Questions, answered
What Pipeshift settles, how it settles,
and what it never touches.
The settlement layer for
tokenized
equities.
