Monolith and Ascend Partner to Develop Onchain Institutional Commodity Derivatives Infrastructure
Monolith and Ascend have announced a strategic partnership to build an end-to-end institutional architecture for commodity derivatives. The collaboration aims to bridge the gap between physical asset inventory and capital mobility by connecting market execution with clearing infrastructure onchain. Monolith will focus on providing a high-performance venue for energy and commodity perpetual futures, while pursuing CFTC registration as a Designated Contract Market (DCM). Ascend will provide the clearing layer through its onchain tri-party clearing model, enabling real-world assets to be tokenized and used as collateral. This integration is designed to significantly increase capital efficiency by allowing institutions to mobilize idle assets—such as oil in transit—as usable collateral within hours rather than weeks. The architecture maintains a functional separation between market execution and regulated clearing functions.
Topics: Commodities Trading Institutional Derivatives Onchain Clearing Real-World Assets (RWA) Tokenization