# AI-native asset management infrastructure for the onchain economy Source: https://o2ocapital.com/ Updated: 2026-10-22 For information only: nothing on this site is an offer to sell, or a solicitation of an offer to buy, any security. Open to eligible non-U.S. institutional investors only. As of 15 October 2026, O2O Capital Partners is pre-launch: no vault or vault token is live. Built for onchain allocators O2O Capital is the infrastructure layer connecting onchain native capital to real world, non-crypto correlated private credit yields delivered through regulated, DeFi composable vaults. - NAV-priced vault tokens - Regulated vaults - Every depositor KYC'd ## Onchain capital in. Offchain yield out. O2O stands for onchain to offchain (on-chain to off-chain): onchain capital to offchain yield. O2O Capital Partners' asset class, curated and personalized vaults will work like a fund, a fund of funds and a separately managed account. Each regulated vault will be built to hold short-duration niche private credit such as trade receivables, royalties and aircraft leases. An independent administrator will price vault tokens at NAV, and every depositor will be KYC'd before depositing. > A vault token is a fund interest whose yield comes from real economy cash flows. ### Institutional sourcing Private credit originators originate, underwrite and service loans. The vaults will purchase and hold the exposure, paying them in US dollars. ### Data transparency An independent administrator will strike NAV, with daily accrual published onchain. Attestations are designed to prove concentration limits without exposing positions. ### Liquidity Redemption terms match the liquidity of each vault’s assets. Asset class and curated vault tokens are built DeFi-composable, usable as collateral. ### Built on institutional rails. #### ERC-7540 & ERC-7575 Vault standards accepting multiple stablecoins and enabling redemptions that follow real settlement cycles. #### Compliance gate Each wallet must clear KYC/AML and be whitelisted before it deposits. Vault terms, eligibility and NAV will be machine-readable behind the same gate. #### Fiat & stablecoins USDT, USDC, USDG and other stablecoins vetted for reserves and regulation will convert to dollars through a qualified custodian. #### AI underwriting The investment committee approves every mandate and limit. Our underwriting engine will train on every loan held and draft monitoring memos. ### How capital moves. How capital moves through the O2O vault: deposit, deploy into credit, return to NAV, operate. 1. **Deposit**: Whitelisted wallets will deposit stablecoins and receive vault tokens, priced at NAV and controlled by the depositor. 2. **Deploy**: Via the on/off-ramp, a vault is built to buy trade receivables, royalties, aircraft leases and other niche private credit from private credit originators who keep an interest. 3. **Return & attest**: Repayments will flow back and accrue to NAV. An oracle will carry NAV and attestations onchain, and vault tokens will redeem at NAV. 4. **Operate**: Inside a vault, one AI stack is built to run credit, data and pricing, and controls, within limits O2O sets. AI stack: - CREDIT: Asset due diligence, Credit memo drafting, Covenant monitoring, Monitoring memos, Daily rebalancing, Performance review - DATA & PRICING: Daily NAV accrual, Pricing engine, Transaction simulation, Internal database, Indexing service, Vault data maintenance - CONTROLS: Risk monitoring, AML & compliance, Onchain monitoring, Wallet & keys, Roles & permissions, System monitoring [Learn more about O2O Capital Partners](https://o2ocapital.com/about) ## The strategy, explained. Three vault lines in trade receivables, royalties, aircraft leasing and other niche private credit will run on one AI stack. [Watch with the full transcript](https://o2ocapital.com/watch) ## Founders. ### [Stephen McConville](https://o2ocapital.com/team/stephen-mcconville) Co-Founder - Previously within Partners Group’s Structuring, Private Wealth Distribution and Fund Finance divisions - Head of Fund Operations at 2Xideas - Head of Product Structuring and early employee at Hedgehog Invest, a blockchain-based private markets platform; 10+ years in private markets and tech - Attorney admitted in New York State [Stephen McConville on LinkedIn](https://www.linkedin.com/in/stephen-mcconville-233481180/) ### [Peter Gaffney](https://o2ocapital.com/team/peter-gaffney) Co-Founder - Previously Head of Research at Security Token Advisors - Advised 40+ clients, including a $550B asset manager, on tokenization and RWA strategies - Built the research desk for Security Token Market (acquired by RedStone) - Author of Blockchain Explained [Peter Gaffney on LinkedIn](https://www.linkedin.com/in/peter-gaffney/) ### [Drew Orsinger](https://o2ocapital.com/team/drew-orsinger) Co-Founder - Prior Chief Security Officer of SpaceX, CME Group, and Honeywell - Founder and CEO of Tractiv, an immutable data tracking software company - CEO of a LATAM nearshoring company focused on AI development - Ex-military and government cybersecurity [Drew Orsinger on LinkedIn](https://www.linkedin.com/in/drew-orsinger/) [Learn more about the founders](https://o2ocapital.com/about#founders) ## Latest research. - [Clearstar cbAssets Vault Brief: The $34 Million Vault Behind Coinbase's Solana Loans](https://o2ocapital.com/research/clearstar-cbassets-vault-brief): Published October 14, 2026. Updated October 15, 2026. 19 min read. - [Real-World Asset Vaults Begin their Institutional Track Record](https://o2ocapital.com/research/rwa-vaults-institutional-track-record): Published October 12, 2026. Updated October 15, 2026. 35 min read. - [Steakhouse USDG Vault Brief: The Vault Behind Robinhood's Earn Tab](https://o2ocapital.com/research/steakhouse-usdg-vault-brief): Published September 30, 2026. Updated October 15, 2026. 31 min read. [All research](https://o2ocapital.com/research)