PROJECTS — PROPRIETARY CAPITAL INVESTMENTS

Yellowmute operates at the intersection of digital assets, private markets, and applied tokenisation. This section presents a curated selection of initiatives in which Yellowmute has deployed proprietary capital or contributed strategic expertise.

Our portfolio spans three domains:

Digital Asset Positions — long-term allocations in foundational crypto networks with clear utility and adoption dynamics.

Public & Private Market Investments — equity positions in high-conviction companies across technology, infrastructure, and frontier markets.

Tokenisation & Synthetic Asset Models — internal R&D initiatives where portfolio value is translated into on-chain representations and NAV-linked instruments.

Bitcoin (BTC) — Strategic Macro Allocation

Category: Digital Asset Position
Year of Entry: Q3 2025
Status: Active

Investment Thesis:
Bitcoin serves as a foundational macro-digital asset characterised by fixed supply, increasing institutional adoption, and a robust long-term demand curve. It functions within Yellowmute’s framework as the primary monetary asset within the digital allocation structure.

Yellowmute’s Role:
Long-term proprietary capital deployment, monitoring of macro-economic cycles, liquidity patterns, and risk-adjusted exposure sizing.

Key Metrics:
• Exposure: Spot
• NAV Contribution: Core digital position
• Performance: Updated periodically, long-horizon investment

Description:
The BTC position anchors Yellowmute’s digital asset cluster and acts as a strategic hedge across market cycles.

Ethereum (ETH) — Exposure to Decentralized Compute

Category: Digital Asset Position
Year of Entry: Q3 2025
Status: Active Long-Term Allocation

Investment Thesis:
Ethereum is the leading smart-contract platform powering decentralised finance, tokenisation, scaling solutions, and enterprise-grade blockchain applications.
Yellowmute maintains exposure to Ethereum due to its dominant developer ecosystem, high settlement demand, and increasing institutional integration.

Yellowmute’s Role:
Proprietary acquisition.

Key Metrics:
• Exposure Type: Spot position
• NAV Contribution: Core component of the digital asset allocation
• Performance: Updated periodically; long-horizon thesis tied to network adoption and fee-market dynamics

Description:
The ETH position strengthens Yellowmute’s digital asset architecture by providing exposure to the world’s most widely adopted programmable blockchain.

Cardano (ADA) — Research-Driven Blockchain Exposure

Category: Digital Asset Position
Year of Entry: Q3 2025
Status: Active Long-Term Allocation

Investment Thesis:
Cardano represents a mathematically-rigorous blockchain ecosystem designed around formal verification, predictable monetary policy, and scalability through extended UTXO architecture. Yellowmute maintains a strategic allocation based on the network’s long-term focus on institutional-grade infrastructure and measurable decentralisation.

Yellowmute’s Role:
Proprietary acquisition and ongoing analytical oversight of network metrics, protocol development, and long-term adoption trends.

Key Metrics:
• Exposure: Spot position
• NAV Contribution: Part of the digital asset allocation sleeve
• Performance: Positive multi-year trajectory; updated periodically

Description:
The ADA position complements Yellowmute’s broader digital-asset exposure framework, balancing high-velocity assets with slower, research-driven ecosystems.

GOVERNANCE, STRUCTURE & DISCLOSURE NOTES

• All investments are made exclusively with Yellowmute’s own proprietary capital.

• Yellowmute does not manage client funds, does not solicit investors, and does not provide investment services.

• Investment sizes, quantities, and valuations are disclosed only at Yellowmute’s discretion.

• All governance mechanisms rely on multisignature control, internal oversight, and on-chain oracle systems.

• No part of this page constitutes investment advice or a securities offering.