The wallet and settlement company. Atomic swaps make value move seamlessly between fiat, Unity, and digital assets — with custody people can trust, and, in time, community banking rails through which money flows for cities and commons.
People sending money home pay ~6% on average — on more than $860B of annual remittance flows. Communities that generate value locally watch it drain through banking rails designed for extraction, not circulation. And complementary currencies everywhere die at the same wall: the bridge to fiat.
Unity Exchange is that bridge, built as commons infrastructure. Atomic-swap technology lets a member receive dollars, hold Unity, pay a bill in local currency, and settle across chains — in one gesture, without intermediaries taking custody of the trade. Where money flows through the network instead of out of it, a community keeps its own abundance circulating.
| Stream | Pricing | Begins |
|---|---|---|
| Swap transaction fees | ~0.5% per swap (vs. ~6% legacy remittance) | Launch |
| Custody fees | ~0.75% annually on assets under custody | Launch |
| Banking services | Card interchange, treasury yield share, municipal rails | Year 3 |
No licensing of the technology — the moat is the rails themselves and the trust of the network that uses them.
Secure money-transmission / VASP licensing in first two jurisdictions; integrate atomic-swap infrastructure as it reaches production readiness (tracked for late 2026). Wallet launches to network members with swap + custody.
Open two high-volume remittance corridors where network communities already exist on both ends. Community treasury custody for organizations onboarded by Threshold. Volume compounds with network growth.
Cards, treasury yield, and the first municipal pilot: a city district running local flows through commons rails. Unity Exchange becomes financial infrastructure, not an app.
| Y1 | Y2 | Y3 | Y4 | Y5 | |
|---|---|---|---|---|---|
| Swap volume | $12M | $120M | $600M | $2.0B | $3.6B |
| Transaction revenue | $0.06M | $0.6M | $3.0M | $10M | $18M |
| Custody + banking revenue | $0.02M | $0.15M | $1.4M | $2.5M | $4M |
| Operating costs | $2.4M | $3.2M | $5.5M | $9.5M | $15M |
| EBITDA | –$2.3M | –$2.45M | –$1.1M | +$3M | +$7M |
Cost weight sits in licensing, compliance, and security engineering — deliberately front-loaded, because in financial infrastructure trust is the product. Unit economics turn as corridors mature: each additional swap costs near zero.
The largest of the four rounds, because rails are capital-hungry before they compound: licensing across first jurisdictions, security audits, custody insurance, and the core engineering team. Stage gate: atomic-swap infrastructure production-ready and a clear licensing path in the first two jurisdictions.
Regulatory. The defining risk; mitigated by license-first sequencing, conservative jurisdictions, and treating Unity as a complementary current with clear legal framing (a dedicated regulatory brief is the recommended next artifact).
Infrastructure timing. Swap infrastructure readiness gates launch; mitigated by staging capital behind that gate.
Security. Custody makes us a target; mitigated by audits, insurance, and minimizing custody through atomic settlement itself.