The shift.

As of today, Fensory is the home for composable finance.

We have been calling Fensory a yield terminal. That was the on-ramp. It was honest. It was the fastest wedge to ship, it pulled real traction with zero ad spend, and it gave us a live product to validate the rest. We are grateful for it. But it was undersized for what we have been building toward.

As of today, Fensory is the home for composable finance.

What changes: how we describe ourselves. What stays: every part of the product already live.

What we build for is positions that no single venue can express. A tokenized equity basis trade. An RWA loop. A weekend gap fade on a stock token while the underlying market is closed. A Maple to Pendle to Morpho stack. None of these are one-platform trades. They span asset classes, issuers, chains, and venues. The agent that runs across all of them is the home. The MCP is the door.

Yield is still here. It is still core. It is no longer the whole house.

Tomorrow we will show you what is in the room next door. 50 tokenized US equities from Ondo, live, onchain, alongside the yield surface. Three days after that, the first Recipe Drop on the equity basis trade. A week after that, the next room.

We are not changing the thesis. We are sharpening it.

Alex

Fensory