Nikolas Sargeant
Space and Time, the blockchain platform focused on securing onchain finance data, announced on May 5th that it has launched Virtual Vaults, a new infrastructure platform designed for institutional digital asset lending.
In a press release shared with Cyrptowisser, Space and Time revealed that the platform enables lenders and borrowers to create customizable vaults tied to specific lending agreements, while providing cryptographically verified and continuously updated visibility into borrower collateral held across centralized exchanges and DeFi protocols.
The Platform Powers Institutional On-chain Lending
Institutional borrowers often distribute collateral across multiple venues simultaneously, with positions changing frequently as trades are opened and closed.
Traditional auditing methods, such as quarterly reports or static attestations, can quickly become outdated. Virtual Vaults aim to address this issue by replacing periodic snapshots with real-time verified data that tracks collateral movements throughout the duration of a loan.
Each vault can be configured according to agreed lending terms, including approved venues, eligible collateral assets, and alert thresholds tied to covenant requirements. Rather than relying on generalized solvency reports, lenders can access verified collateral data tailored directly to their risk parameters.
While commenting on this launch, Nate Holiday, co-founder of Space and Time and CEO of MakeInfinite Labs, stated that,
"We built Space and Time so both institutions and onchain protocols could verify the data they act on, and Virtual Vaults are the clearest expression of that yet. Institutional lenders need to see exactly what collateral backs a loan, exactly when they need to see it. Virtual Vaults make that possible onchain for the first time.”
The launch comes as clearer regulatory frameworks emerge for digital assets, including stablecoin legislation in the United States and the implementation of Europe’s Markets in Crypto-Assets (MiCA) regulation, developments widely viewed as catalysts for broader institutional participation in onchain finance.
Virtual Vaults are now available to institutional users.
Space and Time is the data blockchain securing onchain finance. Backed by M12, Microsoft’s Venture Fund, Space and Time connects real-world data to onchain systems to power tokenized assets, stablecoins, institutional markets, and DeFi.
MakeInfinite Labs is a frontier protocol research lab contributing to some of the most prominent protocols and ecosystems across crypto, including the creation of Space and Time. MakeInfinite Labs raised $50 million from M12, Microsoft’s Venture Fund, and other leading investors to build the infrastructure that enables developers and creators to build data-driven applications, tokenize and monetize and win in the AI economy.
