SEED · $1.5M · PRODUCT BUILT · 2026

The verification rail
systematic finance
was missing.

Most quant track records are fake — AI made fabricating one trivial and spotting a real one impossible. MIZAN is the cryptographic standard that proves the few that are real, without ever seeing the strategy. Any asset class through one engine, one credential — crypto is what is verified today; the rail itself is market-agnostic. The infrastructure layer the $23T alternatives market has needed for thirty years. Engine live. Self-serve product built and tested. First credential issued.

50+
Strategies tested · 3 kept
40+ retracted · 9 published
219KB
Cryptographic proof
verified in seconds
13/13
Strategy families run-proven
credentials chain into growing tracks
VERIFIED CREDENTIAL PROOF · 219KB · SECONDS TO VERIFY
OOS Sharpe (walk-forward, last 30%)1.29
Max Drawdown · intrabar-marked−20.76%
Net return · after all costs+301.6%
CAGR after all costs26.6%
Lookahead auditPASS ✓
Deflated Sharpe · 95% bar (López de Prado)NOT SIGNIFICANT
PBO · overfit probability (S=16 · 12,870 partitions)0.0759 · PASS ✓
CPCV · leakage · 5th-pct path Sharpe+0.003 · PASS ✓
HIDDEN: indicators · logic · source
MIZAN
VERIFIED

The deflated-Sharpe line is the point. Both schools of backtest honesty now mint as live credentials: López de Prado's three corrections (deflated Sharpe, PBO, combinatorial purged cross-validation) and, on the v11 engine, the Harvey–Liu / Hansen program (Probabilistic Sharpe, Superior Predictive Ability, minimum backtest length). The first time the complete framework has become cryptographic proof. Yet at the honest 95% deflated-Sharpe bar (Bailey–López de Prado), our own flagship still reads not significant, and we show it. A MIZAN credential proves the numbers are real and honestly computed, after costs and out of sample. It does not bless the edge. A verifier that never fails its own maker is just marketing.

Every other market has
a verification standard.
Finance still runs on trust.

Bonds have Moody's. Companies have audit. Identity has KYC. But $23 trillion sits in alternative investments where the manager grades their own homework — performance numbers come from a backtest the manager built themselves. AI made fabricating one trivial, and it made spotting a real one impossible. MIZAN ends that. One verification standard for every strategy: equities, crypto, FX, commodities, macro. A cryptographic certificate proves the performance is real, issued by a neutral third party, without ever revealing how the strategy works. Math, not handshake.

The Problem

Three failures. One industry.
No fix. Until now.

Every era of finance installs a verification standard once the market outgrows handshakes. 1909: the first credit rating. 1923: the first audit standard. 1999: GIPS. Systematic finance's standard is being installed now. MIZAN is built to be it.

01 / FAILURE

AI made the fake
indistinguishable

Generating a compelling backtest used to take months. AI reduced it to minutes. The vast majority of strategies were already failing out-of-sample before AI — and independent allocator research now puts numbers on the flood: 72% of LLM-finance studies leave key biases unaddressed; nine of ten frontier LLM trading agents show negative stock-selection alpha (SPEC Research, State of AI Alpha, Q3 2026). The problem is no longer solvable by diligence — only by verification.

02 / FAILURE

Real alpha is locked
inside closed systems

Independent quants with genuine edge cannot prove it without revealing it. The result: real alpha dies unreached, or gets stolen. The market has no way to move trust without moving the secret.

03 / FAILURE

Existing verifiers have
the conflict of interest

Darwinex, Numerai, QuantConnect all verify within their own ecosystem, they have skin in the game. A neutral third-party verification standard doesn't exist. Until MIZAN.

Why This Didn't Exist

The market wasn't waiting.
It was blocked.

This market wasn't waiting on demand. It was blocked. To prove an edge was real you had to reveal the strategy, and once you revealed it, it wasn't yours. To keep it secret you had to ask for trust. Allocators have lived inside that trade-off for thirty years, and no amount of diligence dissolves it, because the constraint was mathematical rather than commercial.

Zero-knowledge proofs dissolve it. That cryptography only became practical, at this cost and this speed, in the last two years. We didn't invent it. We pointed it at systematic finance: twelve conditions checked independently — sixteen when the credential discloses its exposures and regimes, a 219KB receipt, seconds to verify.

The constraint that made this market impossible is gone. The standard is unclaimed.

How It Works

Four steps.
Zero trust required.

Think of it like a drug test. You don't need to see the formula to trust the result. The math is the auditor. The strategy stays secret. The allocator receives a verified certificate.

THE END-TO-END FLOW · ENGINE LIVE · MARKETPLACE ENGINE BUILT
01 · QUANT
Submits the strategy
— never the data
02 · MIZAN
Runs cryptographic
audit (16 checks)
03 · CREDENTIAL
Issues 219KB
tamper-proof receipt
04 · ALLOCATOR
Verifies in
seconds
Valid or it isn't — math is the only authority
No phone calls · No trust in MIZAN required
Strategy never revealed · IP stays with quant
01 · QUANT
Submit locally
Code stays on your machine. Nothing proprietary is ever transmitted.
02 · MIZAN
Cryptographic audit
16 independent checks: bias, lookahead, statistical integrity. Strategy invisible to verifier.
03 · CREDENTIAL
219KB proof issued
Tamper-proof. Contains gate verdict, data root, proof of correct computation.
04 · ALLOCATOR
Verified in seconds
Valid or it isn't. No phone call. No trust in MIZAN. Math is the only authority.
Built & Running

Not a concept.
An engine.

Every system described here is live in production. Run the proof yourself — right now, at mizan.market/deck. Built end-to-end before raising a dollar.

Experiments run
100s
Most retracted. A few survived. That discipline is the product, and the credential.
Proof size & speed
219KB
Cryptographic proof verifying in seconds on any laptop (proving runs in minutes on GPU). Portable to any allocator, any jurisdiction, any audit process.
Audit checks
16
Independent cryptographic checks: lookahead, bias, statistical gate, data integrity, and more. All in-circuit.
Research system
24/7
ATLAS — autonomous strategy research engine. Runs continuously. AI proposes falsifiable research questions; a locked harness confirms or falsifies each. Never touches executable code.
Strategies retracted
40+
Published with root cause, real numbers, and in one case real capital deployed to confirm the backtest was lying. This is the moat.
Cryptographer
Dr. Anish
Mohammed
ZK cryptographer. CEO and co-founder of Prufold Labs (verifiable AI). Co-Founder & CTO, Panther Protocol. Ripple advisory. Advisor & angel investor in MIZAN.
Proof Engine
SDK + Verifier
50+ Tests Green
Security Review
ATLAS Research
Advisor sanity-check
Verification Platform
Quant Onboarding
Traction

The pull is inbound.

Engine live. First credential issued end-to-end. Built solo, before a dollar was raised.
An external quant from an algorithmic-trading firm ran the live engine unprompted and proved two strategies.
Senior institutional interest is inbound. The specific names are shared on calls, not on websites.
The Evidence

Any fund shows you the winners.
We publish what we killed.

"Most quant funds bury their mistakes. We publish them — with root cause, real numbers, and in one case, live capital deployed to confirm the backtest was lying. That discipline is the product."

crypto_btc_alt_overlay · v1–v19
Month-end regime signal applied to same month being traded. 7 hidden liquidations at 6.9× leverage. Honest replay: −86%/yr.
claimed +7,177% CAGR
RETRACTED
crypto_1h_v1 · BB Squeeze
Phantom fill bug — stops triggered at prices that never traded. Honest fills: Sharpe −4 to −8. Live-confirmed: deployed real capital and every stop-out matched the honest-fill model exactly.
Sharpe 7.95
RETRACTED
xau_forex_v7 · XAU + FX
Same-month signal lookahead: EMA signal computed at month-end, applied to that same month's return. Honest Calmar: 0.06.
Calmar 5.25
RETRACTED
atlas_PORTFOLIO_v45 · US Equity
Same-day risk scaling: VIX/SPY signals used to set today's exposure then booked today's return. Honest Calmar: 0.77. Survivorship bias in universe compounds the error.
Calmar 1.88
RETRACTED

The honesty is enforced, not asserted. At the 95% Deflated Sharpe bar (Bailey–López de Prado), MIZAN's own flagship credential reads "not significant", and the credential shows it deliberately. This month the gate refused our own AI: a neural network whose inference we proved inside the proof — it made +895% on NVIDIA and still failed, for taking too much risk to get there. Published in full, re-verifiable by anyone, the model never revealed. A gate that refuses its maker is the only one you can trust when it passes. A verifier that never fails its own maker is marketing. No competitor can manufacture this retroactively. A firm that publishes its own failures, including live capital deployed to confirm a backtest was lying — is a firm whose passing credentials mean something.

Product

Two customers.
One standard.

The same credential serves both sides of the market, the quant who needs to prove their edge, and the allocator who needs to verify it.

For Quants & Strategy Shops
Credential subscription
Submit your strategy. Get a cryptographic certificate that proves it passed — without disclosing anything. Walk into any LP meeting with a credential instead of a pitch deck.
IP stays with you. Permanently. Cryptographically.
Bias, lookahead, and stat errors verified automatically
Credential is tamper-proof, independently runnable
5% MIZAN's take on marketplace capital · manager keeps 15% · allocator keeps 80%
+ $6,000/yr per active credential (continuous re-verification) · institutional tier $25,000/yr
For Allocators & Family Offices
API verification access
Query any MIZAN credential in seconds. Binary answer — valid or not. Due diligence drops from weeks of phone calls to a seconds cryptographic check.
Verify in seconds, anywhere, no MIZAN involvement
Standardised gate across all credentials
Zero trust in the issuer required
5% MIZAN platform fee on marketplace-routed returns · manager keeps 15% · allocator keeps 80%
+ $25,000/yr allocator seat · bespoke verification $25,000 per strategy
REVENUE MODEL
5%
OF PROFITS · MIZAN'S PLATFORM TAKE
No management fee. No AUM tax. MIZAN is designed to charge a platform fee on capital allocated to verified strategies — the manager keeps the majority of the performance fee, and MIZAN is paid only when the strategy wins.
Total network economics: 5% of profits to MIZAN on marketplace-sourced capital — the manager keeps 15%, three-quarters of the performance fee. Pure performance — on marketplace capital, MIZAN and the manager are paid only when the strategy wins.
QUANT / MANAGER SIDE
15%of profits
The manager keeps 15% — three-quarters of the performance fee — on capital the marketplace sourced. The credential becomes the most valuable thing they can earn.
ALLOCATOR SIDE
keeps 80%of profits
The allocator keeps the lion's share. A 20% performance fee — split manager 15% / MIZAN 5% — crystallized annually above a high-water mark, only when the credential delivered the win.
Business Model

Moody's earns per rating.
Bloomberg earns per terminal.
MIZAN earns on verification, and shares the upside only when alpha is real.

Zero management fee. Zero AUM tax. A flat credential to get verified, and a success fee only on capital the marketplace sources, paid only when the strategy wins. On that capital: a 20% performance fee, split manager 15% · MIZAN 5% · allocator keeps 80%. The manager keeps three-quarters of the performance fee and lands capital they couldn't raise alone.

PRINCIPLE 01
No management fee.
Every legacy verifier monetizes AUM. We monetize alpha. Nobody pays for shelf space — beyond a flat credential, MIZAN is paid only when realized alpha is delivered.
PRINCIPLE 02
Manager keeps the majority.
On marketplace capital, the manager keeps 15% of profits — three-quarters of the performance fee. MIZAN takes 5% for sourcing the capital + proof. Self-raisers pay only a flat credential — no performance fee we didn't create.
PRINCIPLE 03
The marketplace is the business.
The engine is built — allocations, capital-routing, and fee accounting all work today; real capital flowing through it is next. Allocators fund verified strategies through the marketplace, and MIZAN earns on the flow. It scales with capital, not per-strategy negotiation — platform economics, aimed at the opaque funds capital is fleeing.
REVENUE STREAMS
Marketplace success fee
A 20% perf fee on marketplace capital, split three ways: manager keeps 15% · allocator keeps 80% · MIZAN takes 5%
5% to MIZAN
Verification credential FLAT · ON-RAMP
Flat annual fee per strategy · self-raisers pay only this, no performance fee · institutional tier $25K/yr (full disclosing report, priority proving, named support) · verify + trial-ledger registration free forever · first credential free for the founding 25 · pay for the examination, not the outcome — pass or fail, same price
$6K/yr
Allocator seat + bespoke verification
$25K/yr seat: dashboard, watchlists, break alerts, API · bespoke review on the allocator's own gate conditions with a written report, $25K per strategy · founding allocator program: first 3 institutions, bespoke review waived — then list price, permanently
$25,000/yr
THE SCALE MATH
From pilot to standard. From first credential to standard, in three years.
Capital routed × strategy returns × MIZAN's 5% marketplace take (manager keeps 15%), plus flat credential fees. Credential gate requires OOS Sharpe ≥1.3. We model 15% net annual returns as an illustrative assumption. No management fee. No AUM tax. The marketplace and its fee are contemplated future features; they may require licensing in relevant jurisdictions and will not be offered until authorized.
CAPITAL ROUTED
AUM
×
AVG NET RETURN
15%
×
MIZAN MARKETPLACE TAKE
5%
YEAR 1 · LAUNCH
Credentials (paid-acquired)65
Capital routed (pilot)$2M
Profits generated$200K
Credential subscriptions (65 × $6K)$390K
TOTAL ARR
$400K
YEAR 2 · TRACTION
Credentials issued350
Capital routed$320M
Profits generated$48M
+ Credentials & verification$2.6M
TOTAL ARR
$5M
YEAR 3 · NETWORK STANDARD
Credentials issued1,000
Capital routed$1B
Profits generated$150M
+ Credentials & verification$10.5M
TOTAL ARR
$18M

Entry terms and the full return model are shared directly with committed investors — overview in the data room — happy to walk through them directly. Year-1 ARR is credential-driven, it assumes roughly 65 verified quants acquired at a blended CAC (~$2K): a staged test that proves the funnel before the larger acquisition budget is deployed in Year 2.

Market

A $8 trillion
trust problem.

The quant and systematic investment universe is the market. The serviceable layer — independent quants who need a portable credential — is $800B+ and growing.

Global Alternatives AUM
$23T
Quant / Systematic
$8T
Independent quants
~$800B
MIZAN serviceable (Y3)
$1–5B

Today, credible verification means a manual audit at roughly $50,000 per strategy per year, a cost that prices out emerging managers. At the same time, SEC scrutiny of performance claims is rising, and examiners increasingly reward numbers that have been independently verified. The need is real; the timing is now.

The $6,000 credential is the wedge. The business is the rail: a take-rate on capital moving through a $23 trillion market that today runs on self-graded homework. Rails that become standards are not valued on revenue multiples — Moody's, MSCI and ICE are the comp set.

Comparables
Moody's
Rated bonds before they could trade. Became a prerequisite, not a nice-to-have. $7B market cap. MIZAN credentials strategies before capital allocates.
MSCI
Indexed equities before funds could track them. Infrastructure became the standard. $45B market cap. The credential layer always wins.
MIZAN
Credentials quant strategies before capital allocates. First mover — no neutral verification standard exists yet. No alpha disclosed.
The Trajectory

A credential today.
The rail for the world's capital tomorrow.

Verification is the wedge; the standard is the destination. Every market this large eventually grows one — and it compounds into the layer capital itself flows across.

● Today · Live

The Verification Rail

Prove a strategy is real — after costs, no lookahead, out-of-sample — without revealing it. Engine built and adversarially self-reviewed (nine attack classes published); asset-class agnostic by design, with the trend family verified live today and the full asset universe rolling in deliberately — BTC, US equities, India, gold are canonical datasets now; every new market lands provenance-first.

◐ Next · Building

The Marketplace

Verified strategies become discoverable. Allocators fund them through their own brokerage account — custody never leaves them, performance verified independently. They see their own fills — never the manager's logic; confidentiality covers the position stream itself.

○ The Standard · Designed to Become

The Trust Layer for Capital

Bonds got Moody's. Equities got MSCI. Systematic finance — the last $23 trillion holdout — gets MIZAN. Not a fund, not a broker: the neutral rail every allocation flows across.

The Marketplace, Visualized

When MIZAN is the standard,
this is what an allocator sees.

The engine is asset-class agnostic and verifies any market; the trend family verified live today, with more markets as managers submit them. In the marketplace design, allocators fund verified strategies through their own brokerage account. Custody never leaves them. They see their own fills — never the manager's logic; confidentiality covers the position stream itself.

studio.mizan.market/allocate — product preview
MIZAN allocator interface — illustrative product preview

Illustrative product preview, the marketplace engine is built in code and unit-tested; no real capital has flowed through it yet. Live today: the verification engine, the self-serve product, chained tracks (credentials that grow as data accrues), and the first issued credential.

Defensibility

Three moats.
Each one compounds.

Moat 01 · Universal

One engine. Every strategy.

The verification engine is asset-class agnostic, it audits the math, not the market. Equities, FX, commodities, macro, rates, multi-asset all flow through the same proof system. One credential standard for the entire $23T alternatives market. Single-asset competitors would struggle to reach that surface area.

Moat 02 · Reputational

Research discipline as credibility

Tested 50+ strategies. Kept 3 that survive every honest check. Published 40+ failures with root cause, and once deployed real capital on a live exchange to confirm a backtest was lying. That's the research discipline allocators are buying. No competitor can manufacture this retroactively.

Moat 03 · Standard

The credential layer is open

The credential standard that reaches allocators at scale becomes the default. Once allocators require MIZAN credentials, quants must have one. Both sides of the network pull each other in. Standards compound once established.

Moat 04 · Time

The moat that compounds daily: and can't be bought back.

Every credential and every research trial is timestamped into Bitcoin the day it exists, in a forward-only ledger. The code can be copied in a year; the dated, honest track record cannot be recreated at any price, a competitor starting later is permanently that much younger, forever. The ledger is aging right now, and it only ages in one direction.

Go-to-Market · No cold-start

We're our own first supply.

Most marketplaces die on two-sided cold-start — you need supply and demand at once and have neither. MIZAN doesn't. We don't need external quants to launch: MIZAN Labs' own gate-cleared strategies are the initial supply, seeded through the same locked gates and subject to the same public retractions. Allocators see real, credentialed supply from day one. External managers are the growth lever, not the launch dependency — expansion, not bootstrap. There is no two-sided chicken-and-egg to solve.

Self-supply doesn't compromise the credential: the gate is objective, every proof is independently reproducible, and MIZAN publishes its own failures — 9 published in full, 40+ retracted overall, each with root cause. Our own strategies clearing a bar we publicly hold ourselves to is evidence the standard is real, not a conflict.

The Category

Timestamping isn't verification

Blockchain-timestamping tools hash a track record to prove it existed at a point in time — that you committed to numbers, not that they're honest. MIZAN runs the backtest's integrity checks (no lookahead, walk-forward, point-in-time data) inside a zero-knowledge circuit, and proves the numbers were generated honestly, the methodology itself, not just the timestamp. Commitment versus computation.

Why the lead compounds · Verification roadmap

We closed in-sample dishonesty.
Then we close everything around it.

The engine already proves a backtest ran clean — no lookahead, costs applied, out of sample, walk-forward. Each build below closes one more honesty boundary. The moat is not a single proof; it is the set of things a survivor can no longer hide. A competitor with more capital still has to close them one at a time.

01 · TRIAL LEDGER
Closes: multiple testing

Forward-only commitment of every trial before it runs. The attempt count behind a t-stat becomes cryptographic, not self-reported, which makes the deflated Sharpe enforceable — live today: N is read from the committed ledger inside the circuit, and the flagship publishes its own not-significant verdict.

02 · SIGNED PROVENANCE
Closes: data fabrication

Bind the committed dataset to a signed source, so authenticity of the data root stops resting on anyone's word. The deepest trust boundary in the system, closed at the root.

03 · LIVE CHAINING
Closes: backtest-to-live gap

Chain attested live execution to the credentialed strategy. A research credential becomes a track-record credential, the object allocators actually allocate against.

Each is disclosed today as an open boundary at mizan.market/standard. A system that named zero open boundaries would be lying; a system that closes them one by one builds a lead no balance sheet can shortcut.

Execution

Every milestone shipped.
None missed.

From zero to a working proof system, a 24/7 autonomous research engine, a proprietary AI model, and a live verified credential — shipped end-to-end before the raise.

✓ Done · 2023–24

Research foundation

3+ years of honest quant research
  • 50+ strategies tested to destruction
  • Hard limits set, never compromised
  • 40+ retracted · 9 published in full
  • Engaged users from 15+ countries — a dozen ran live prove/verify, unprompted
  • Corpus assembled; AI research strategist wired (proposes specs, never writes executable code)
✓ Done · 2025

Engine & AI

24/7 autonomous research live
  • ATLAS autonomous research engine — continuous, fault-tolerant
  • Locked statistical gates
  • AI model deployed on local infra
  • Proposes only, never touches gates
◉ Now · Jul 2026

Product built and tested.

Raising $1.5M to distribute it · pre-revenue
  • 18,000+ lines of Rust shipped before raising a dollar
  • mizan-proof live in production · 219KB proof · verifies in seconds
  • First credential issued and verified end-to-end: PASS
  • Self-serve product live — signup → submission → queued proof → issued credential → public per-credential page (studio.mizan.market/app)
  • Chained tracks live, the same sealed strategy re-proven over a strictly longer window as data accrues; first real chain public and re-verifiable (mizan.market/verify)
  • Browser-side seal-verify — client-side, includes the STARK seal, no trusted setup
  • Marketplace engine built — allocations, capital-routing, fee accounting
  • New engines built — PIT equities (our data provider survivorship-free feed licensed & integrated 2026-07; first dataset live in test phase) · per-strike option chains (feed still in build) · ML / black-box paths. The sealed ML path is verifiable AI for finance: an AI strategy's performance proven, model never revealed — live today, while verifiable inference stays a research frontier industry-wide
  • Internal adversarial security audit run & remediated
  • Direct outreach: top systematic shops & family offices

Capital starts flowing

First capital flowing through MIZAN · allocators onboarded · path to $400K ARR
  • First allocators onboarded, funding through their own brokerage accounts
  • Real capital flowing through the marketplace engine · live payment processing
  • Licensed data feeds live — PIT equities (our data provider/Norgate) · options (OPRA)
  • Independent third-party engine & security audit
  • Marketplace success fee earning on routed capital
Team

Built by someone who
does it themselves.

M
Mohammad Muavia
FOUNDER & CEO
LINKEDIN ↗
Built the entire MIZAN stack solo — research engine, cryptographic proof pipeline, proprietary AI model. Three years of treating integrity as engineering, not branding. The product is live before the raise.
Shipped 18,000+ lines of Rust before raising a dollar — the cryptographic engine works today
Built an AI research strategist (LLM sub-agent) over a 530K-token quant corpus — it proposes strategy specs; a locked harness disposes, and it never writes executable code
Autonomous research engine running 24/7 without human oversight
Retracted 40+ strategies, 9 published in full with documented root cause, including one a live-capital test exposed
A
Dr. Anish Mohammed
Angel Investor & Advisor · Cryptography
Co-Founder & CTO, Panther Protocol CEO & Co-Founder · Prufold Labs Reviewed Ethereum's Orange Paper Cryptography research · Microsoft Research Ripple Advisory
Dr. Mohammed advises MIZAN on the hardest part of the engine, the proof-circuit design, the in-circuit checks, and the STARK output, the parts where cryptographic rigor matters most. Advisor and angel investor; his independent end-to-end review is forthcoming.
The Ask

Seed. One milestone.
Already executing.

The engine is built. The first credential is live. We're opening the standard to external quants. This raise funds the go-to-market, not the product.

Raise
$1.5MSeed
Instrument
SAFEConverting at Seed
Seed milestone
65 credentials · $400K ARR

The round is small because the product is already built. This is funding for distribution, not discovery.

Use of Capital
40%
Distribution & go-to-market · first 10 pilots · allocator BD
25%
Data feeds & third-party audit · PIT + options licensing · independent security audit
20%
Engineering · marketplace scaling · portal & API SLAs
15%
Operations, legal & entity
Return Scenarios on $1.5M
Downside
Acqui-hire
A working ZK engine + the retraction moat is a standalone asset
Revenue model
Platform fee
MIZAN is paid only when alpha is real — a 5% platform fee on profits from routed capital (manager keeps 15%, allocator keeps 80%), plus recurring credential & verification revenue
Return model
Scenario multiples and the ARR build are in the data room — happy to walk through them directly.
Why invest now
Working before the raise
The proof engine runs. The credential verifies. Run it at mizan.market/deck — right now, without trusting us.
No neutral verification standard exists yet
We haven't found another working cryptographic credential for quant strategies. We're not racing — we're setting the standard.
Founders who self-impose the standard
Every MIZAN strategy goes through the same gate we sell. We publicly retract results that don't hold. That credibility is non-replicable.
Infrastructure business, not a fund
Revenue from credential fees + institutional verification fees — independent of market performance, independent of strategy returns.

You're not betting on whether the technology works. It does. You're betting on execution and adoption. The proof engine is written. The first credential is live. The hard, irreversible work is behind us. This raise closes the distance from built to live.

The verification rail
systematic finance needs.
We built it.

Every market this large eventually grows a standard. GIPS verifies the process. MIZAN proves the math. Systematic finance is the last $23 trillion holdout, and the cryptography to close it just matured. MIZAN is the rail. Engine live. Product built and tested. Standards get installed once. The window is open now.

View Full Data Room →
mizan.market/deck

Don't take our word for any of this. That's the whole point. Verify a real strategy yourself, in your browser: studio.mizan.market. The pitch is the product.