Frgmnt opens Founding Allocator Program for institutional…

Published: October 19, 2026 – 12:23 UTC

Key Facts

The Founding Allocator Program is limited to 10 institutional allocators.
Participants get non-custodial Morpho Vault strategies curated by Frgmnt.
Those strategies have generated an average annualised yield of 6.80%, with an enhanced yield of up to 10% APY for programme participants.
There are no programme fees and no lock-up, and withdrawals are same-day under normal operating conditions.
Eligible allocators onboard through Anchorage, in an institutional custody environment.
Applications for the Founding Allocator Program are open.

Curated stablecoin lending

Frgmnt, an institutional onchain yield infrastructure company, has opened its Founding Allocator Program. It gives professional investors access to stablecoin lending markets without having to build and operate the underlying DeFi infrastructure themselves.It will begin with 10 institutional allocators and access to non-custodial Morpho Vault strategies curated by Frgmnt. Those strategies have generated an average annualised yield of 6.80%, and participants can qualify for an enhanced yield of up to 10% APY. Participants pay no programme fees during the Founding Allocator Program, with no lock-up and same-day withdrawals under normal operating conditions.

The operational barrier

What the launch takes on is the operational barrier to institutional participation in onchain finance. Reaching a yield strategy still requires custody arrangements, reporting and processes for evaluating and managing allocations, together with the technology itself.Eligible participants will come on board through Anchorage, so the programme sits inside an institutional custody environment. Frgmnt will provide strategy curation, dedicated reporting, regular strategy reviews and direct access to its team.Anchorage Digital said in February that institutions can interact with Morpho vaults from its platform and custody the ERC-4626 receipt tokens for those positions.“Institutions increasingly understand the opportunity in onchain finance, but accessing it still requires a significant operational and infrastructure effort,” said Aurélien Roussel, CEO and Co-Founder of Frgmnt. “We built the Founding Allocator Program to bridge that gap — combining professionally curated onchain strategies with the infrastructure institutional investors need to evaluate, access and manage an allocation.”

Beyond the yield

As stablecoins expand beyond crypto trading and payments, onchain lending markets offer institutions another route for deploying capital. Getting into those markets takes more than an attractive yield. Custody, liquidity, transparency, operational processes and ongoing risk management remain central for professional allocators.Frgmnt pairs transparent onchain strategies with an institutional framework for accessing and monitoring them. Participants can review allocations and the activity underneath through onchain data alongside dedicated reporting, and they keep the flexibility to increase or withdraw an allocation.A limited first cohort lets Frgmnt work closely with each participant through onboarding and as they evaluate and scale the onchain allocation.Applications for the Founding Allocator Program are now open.

About Frgmnt

Frgmnt is building institutional infrastructure for accessing onchain yield. The company curates non-custodial Morpho Vault strategies designed to give professional investors structured access to stablecoin lending markets. Frgmnt concentrates on strategy curation, risk parameters and the institutional product layer around onchain yield, while custody and institutional access come through specialised infrastructure partners.Frgmnt’s protocol and strategy activity are transparent onchain, and relevant information and performance data are made available through its website and blockchain analytics platforms.

Frequently Asked Questions

Who is the Founding Allocator Program for?

The programme is limited to 10 institutional allocators. It is designed for professional investors who want access to stablecoin lending markets without building and operating the underlying DeFi infrastructure. Eligible participants onboard through Anchorage, inside an institutional custody environment. Frgmnt provides strategy curation, dedicated reporting, regular strategy reviews and direct access to its team.

What yield and terms do participants receive?

Participants receive non-custodial Morpho Vault strategies curated by Frgmnt. Those strategies have generated an average annualised yield of 6.80%, and programme participants can qualify for an enhanced yield of up to 10% APY. During the Founding Allocator Program there are no programme fees and no lock-up. Withdrawals are available the same day under normal operating conditions.

How can allocators follow an allocation once it is in place?

Frgmnt combines transparent onchain strategies with an institutional framework for access and monitoring. Participants can review allocations and the underlying activity through onchain data alongside dedicated reporting. They retain the flexibility to increase or withdraw an allocation. The first cohort is kept small so Frgmnt can work with each participant through onboarding and as they decide whether to scale.

Source: FinanceFeeds