JIL Sovereign - Investor One-Pager

The Opportunity

$500B+ crypto custody market with 25% annual growth. Institutions are forced to choose between:

Self-custody (keep keys, no insurance) OR
Custodial (insurance, give up keys)

JIL eliminates this trade-off.

The Solution

"FDIC-style insurance, but you keep your keys."

Feature	JIL Sovereign	Competitors
User holds keys	Yes	No (Anchorage, Fireblocks)
$250K automatic insurance	Yes	No
Post-quantum security	Yes	No
On-chain policy enforcement	Yes	No

Pricing Model

Zone	Platform Fee	Insurance	Target Customer
Protected	50 bps	Optional co-insurance	DAOs, small funds
Premium	100 bps	$250K included + co-insurance	Institutions, family offices
Enterprise	75-100 bps	$1M+ included	Exchanges, treasuries

Co-insurance: Transparent 175 bps on user-selected coverage above base.

Competitive Position

                    SELF-CUSTODY
                         |
            JIL Premium -+- (100 bps, $250K insurance)
                         |
    ─────────────────────+─────────────────────
    CUSTODIAL                        SELF-CUSTODY
    ─────────────────────+─────────────────────
                         |
         Anchorage ──────+────── BitGo Wallet
         (100 bps)               (60 bps)
                         |
                    CUSTODIAL

Same price as Anchorage. But you keep your keys.

Technology Moat

Advantage	JIL	Others
MPC 2-of-3 (user holds shard)	Yes	No
Dilithium/Kyber post-quantum	Yes	No
7-of-10 decentralized bridge	Yes	No
Zone-based security isolation	Yes	No
On-chain policy enforcement	Yes	No

3-5 year head start on post-quantum security.

Revenue Model

Year	AUC	Market Share	Revenue
Y1	$1.25B	0.5%	$12M
Y3	$11.7B	3.0%	$110M
Y5	$42.7B	7.0%	$401M

Blended 80 bps (platform fees + co-insurance + tx fees)

60% gross margin after insurance costs

Unit Economics

Metric	Premium Account ($5M AUC)
Platform fee	$50,000/year
Co-insurance ($4.75M)	$8,312/year
Tx fees	$3,500/year
Total revenue	$61,812/year
Insurance cost	($7,437)
Net revenue	$54,375/year
CAC	$10,000
LTV:CAC (3-yr)	16:1

Target Markets

Segment	Pain Point	JIL Value
Crypto-native funds	Need insurance for LPs	Self-custody + Lloyd's
Family offices	Don't trust custodians	Keep keys, get compliance
Corporate treasuries	Board requires insurance	100 bps with coverage
DAOs	Can't use custodians	Multi-sig recovery, zones

Fundraising Milestones

Stage	AUC	ARR	Accounts
Seed	$50M	$500K	50
Series A	$500M	$5M	200
Series B	$5B	$50M	1,000
Series C	$25B	$250M	5,000

Why Now

Institutional adoption accelerating - $250B+ in custody AUM
Quantum threat emerging - "Harvest now, decrypt later" attacks happening
Regulatory clarity - Self-custody gaining acceptance
No solution exists - First platform combining self-custody + insurance

The Ask

Building the category-defining platform for insured self-custody.

Contact: [placeholder]

JIL Sovereign: Self-custody for institutions. Insurance included.