Block Street

An infrastructure protocol operating as a unified liquidity layer for tokenized capital markets. The project aggregates fragmented liquidity across various on-chain asset issuers (stocks, ETFs, real-world assets) and provides tools for borrowing, hedging, and trade execution. Its architecture is built on two modules: Aqua (an RFQ-based router with signature verification via EIP-712) and Everst (a credit and liquidation module for tokenized equities). The BSB token is used for fee discounts, access tiers, staking, and voting on protocol parameters.

Block Street was created to overcome the illiquidity and fragmentation of tokenized assets. Unlike platforms that only issue tokens (such as Ondo Finance or Backed), this protocol acts as an execution and aggregation layer, enabling on-chain stock trading, borrowing, and shorting. Aqua aggregates liquidity from market makers and pools to ensure tight spreads, while Everst supports collateralized lending with dynamic rates tied to issuer events and hybrid liquidations (on-chain auctions and off-chain broker channels).

BSB is the native governance and utility token. The supply is strictly fixed at 1 billion units, with no additional issuance. The initial launch occurred on BNB Chain in August 2025, followed by deployments on Ethereum, Base, and Mantle. A strategic funding round of $11.5 million attracted major investors, including Hack VC. The project positions itself as a "Unified Liquidity Layer."

Features of Block Street

Technical Information

The token is implemented on multiple EVM-compatible blockchains: Ethereum (contract 0xdb6ba5d510f114f9b2ea08bea7d30e32eee33411, Solidity v0.8.27, verified), BNB Smart Chain (0x595dEaad1eB5476Ff1E649fDb7EFC36F1E4679cc, "BridgeToken" proxy), Base (0x0dc28efba8c6e0c14fa7391636b8bec86c4c83d6), and Mantle (0xe5c330addf7aa9c7838da836436142c56a15aa95, active pair on Fluxion DEX). The architecture uses hybrid execution: quotes are signed off-chain per EIP-712 and verified on-chain during settlement. Aqua processes liquidity requests, ensuring sub-liquid spreads. Everst supports cross-collateralization (crypto against stocks).

The protocol employs a multi-oracle system (Chainlink primary, Pyth secondary, TWAP as backup), governance via timelock and multisig, and Forta monitoring. Support for Monad as a parallel execution network is planned. As of June 2026, Aqua has processed over $241 million in cumulative volume, and the Everst pilot attracted 1.2 million users. Perpetual contracts on Binance launched on June 16, 2026.

Tokenomics

The maximum and total supply is 1,000,000,000 BSB. At TGE (March 4, 2026), 20.775% (207,750,000 BSB) was circulating. Distribution:

• Community and User Incentives - 22.1% (3.125% circulating at TGE, 5-year vesting curve).
• Ecosystem Partners - 20.6% (2% at TGE, 5 years).
• Team and Advisors - 17.3% (1-year cliff + 5 years).
• Core Investors - 15.7% (1-year cliff + 4 years).
• Strategic Investors - 3.0% (1-year cliff + 4 years).
• Exchanges and Marketing - 10.65% (100% unlocked at TGE).
• Liquidity - 5.0% (100% unlocked).
• Treasury - 5.65% (6-month cliff + 5 years).

Unlocks occur on a schedule (e.g., on June 4, 2026, 6.26 million BSB were unlocked). Staking, launched in April 2026, provides rewards from pre-allocated pools (no inflation). Voting power increases linearly with staking duration, with a ×4 multiplier after one year. By early May 2026, over 5 million BSB were locked in staking.

Security BSB

The protocol has undergone several independent audits:

• CertiK (May 2026) - no critical issues, one major logic error fixed, several medium issues resolved/acknowledged.
• Hashlock (final report v1) - covers LaunchPad and StakingReward; minor and gas-related findings noted, centralization risk due to owner functions highlighted.
• SlowMist (Aqua, October 2025).
• Binenet (Aqua on BNB Chain, October 2025).
• CertiK (Everst, August 2025).

Audits by Trail of Bits, ConsenSys, and OpenZeppelin are also mentioned, but public reports have not been published. A $500,000 bug bounty program is active. As of July 5, 2026, no incidents involving loss of funds have been recorded. Multisig, timelock, and a multi-tier role system (Owner/Guardian/Keeper) are implemented.

Where to Trade

BSB is available on centralized and decentralized exchanges. Spot listings include: Bybit (since March 4, 2026), Binance Alpha, Bitget, WEEX, LBank, BingX, XT.COM. On June 16, 2026, Binance launched BSBUSDT perpetual contracts with up to 10x leverage. On decentralized exchanges, the token trades on Uniswap v3 (BNB Chain) and Fluxion (Mantle). The asset is not supported on Coinbase.

CEX exchanges: Bitget, LBank, Bybit, MEXC, Toobit, Ourbit, XT.COM, GroveX.

All-time high price - $1.82 (May 20, 2026). All-time low recorded on March 5, 2026.

Aggregator Listings

• CoinGecko rank: 647
• CoinMarketCap rank: 496
• Finkonkurs rank: 235

Investors and Funds

The only documented round is a strategic financing of $11.5 million, announced in October 2025. The round was led by Hack VC, with participation from Generative Ventures, DWF Labs, StudioB Capital, and Bridge34. Business angels included professionals from Jane Street, Point72, Hudson River Trading, and Citadel. No public token sales, IDOs, or airdrops with fixed dates, aside from the private round and subsequent exchange incentives, have been identified.

Key Partnerships and Ecosystem

The most important integration is with Ondo Finance (September 2025): Ondo's tokenized stocks and ETFs became available as collateral and execution instruments within Block Street. In May 2026, a Vision Day was held in Bangkok in partnership with Bitkub to attract developers. The protocol is DeFi-compatible via API, with a planned deployment on Monad for parallel execution. In June 2026, support for the Base network was added.

Potential

The market for tokenized real-world assets (RWA) continues to grow. Block Street occupies the niche of a liquidity and execution aggregator, rather than an issuer. Integration with Ondo Finance and the involvement of investors from Jane Street and Citadel indicate institutional trust. The RFQ architecture with hybrid settlement potentially allows handling large volumes with low value leakage (MEV). The launch of perpetual contracts on Binance expands access to leverage. If stock tokenization becomes mainstream, demand for this infrastructure could significantly increase.

Risks [Identified by Finkonkurs AI Analytics System]

• Centralization and Upgradability: Contracts use proxy patterns, and the owner has privileged functions. Although timelock and multisig are used, this is a typical trade-off for RWA protocols.
• Scheduled Unlocks: Approximately 78% of the supply as of July 2026 has not yet been released; large unlocks (e.g., 6.26 million BSB in June 2026) could pressure the price.
• Exchange Dependence: After the launch of Binance perpetual contracts, the price rose 49.6% in one day, then corrected by 26.1% - high volatility (standard deviation of daily returns 51.7%).
• Competition: Centrifuge, Maple Finance, and Ondo Finance also operate in the RWA segment, although Block Street positions itself as an aggregator, not a lender.
• Regulatory Uncertainty: Tokenized stocks fall under securities regulation; no specific lawsuits exist, but risks remain.
• Speculative Noise: In May 2026, confusion over the acquisition of an AIFC company with a similar name caused a temporary price spike unrelated to fundamentals.
• Community Perception: Early complaints concerned the small size of the airdrop, which may affect sentiment.

Related Individuals

• Hedy Wong (also Hedy Wang) - Co-founder and CEO. Previously a quantitative analyst at Cubist Systematic Strategies (Point72), Risk Lead and Product Manager at Capital One, and worked on portfolio strategies at Apollo. Education: Computational Sciences (Harvard), Artificial Intelligence (UCLA). She brings expertise in quantitative trading, risk management, and portfolio engineering to the project.
• Mike Wu - Co-founder and CTO. Before Block Street, he was Tech Lead for Perception Systems at Cruise, and worked at PlusAI, Google, and Microsoft. He graduated from Carnegie Mellon University. He is responsible for protocol architecture, settlement guarantees, and latency optimization (particularly on Monad).

Other team members have not been publicly disclosed. The issuer is Block Street Corp., but the ownership structure and jurisdiction are not disclosed.

Contests, Activities, and Hackathons on Our Platform

• Block Street Trading Competition: Trade Block Street (BSB) and Share $100K Worth of Rewards (2026-05-19) (May 19, 2026)
• Block Street Trading Competition: Trade Block Street (BSB) and Share $100K Worth of Rewards (Mar 17, 2026)
• Join BSB (Block Street) Puzzle Hunt and win a share of 2,000,000 BSB (Mar 13, 2026 – Mar 13, 2026)
• Block Street Trading Competition: Trade Block Street (BSB) and Share 1M BSB Rewards (Mar 4, 2026)

WhitePaper

The technical documentation describes the Aqua and Everst architecture, security model, tokenomics, and governance mechanisms. The full text is available at: Whitepaper (PDF).