According to CoinMeta, Syntetika launched a tokenization center today in Road Town of the British Virgin Islands, opening deposits for its first investment strategy, BTC Basis+. This strategy allows investors to directly access compliant funds through their wallets, with each fund being kept separately and its net asset value verified by a third party (NAV). BTC Basis+ holds a position in Bitcoin, aiming to capture the interest rate differential between the spot and futures markets, with returns denominated in Bitcoin. Participants can deposit funds through the Syntetika platform, but they do not have permission to deposit into cBBTC. Deposits will be queued up for processing in the next cycle, and HBTC will mint tokens under the verified NAV. Syntetika has collaborated with Tulipa Capital, Ember Protocol, and Yield Network to provide infrastructure and liquidity support. CEO Jorge Cuartero stated: "Today, Syntetika is officially launched, providing the infrastructure that supports these compliant strategies."