MIZAN starts from shipped infrastructure, not a slide. This is the path from a live zero-knowledge verification engine to the standard every systematic track record carries — what is shipped, what is building, and what comes next, with the boundary between them always marked.
The technically irreducible part, a working proof engine — is already operating. Everything to its right is real work in progress or a stated direction, never a promise dressed as a fact.
The standard is public so anyone can hold us to it. Every credential names the level it clears, and the level it doesn’t.
Counted as strategy classes: thirteen provable today (point-in-time US equities joined 2026-07-28, test phase), three in build or on the roadmap, one refused on principle. New coverage is richer inputs, not a new engine.
A verification standard is a coordination effect: the more allocators demand it, the more managers must hold it, and the more managers hold it, the more allocators rely on it.
Quants prove their edge without revealing it; allocators verify in seconds instead of months. A track record you own, hold, and cannot fake. The wedge.
Credentials compound into a marketplace where verified alpha meets capital. A shielded allocation tier — funded exposure without position visibility, via a fiduciary or vault structure — is contemplated for allocators who want Innocap-style masking; jurisdiction-dependent, offered only when authorized. Each new credential makes every other more valuable — two-sided and self-reinforcing.
Every institutional allocation expects a MIZAN proof, the way debt expects a rating and accounts expect an audit. The verification rail for systematic finance.
“Shipped” means running and independently verifiable today. “Building” means real work in progress. “Next” and “roadmap” are stated directions, not commitments dressed as facts, and product previews of capital routing are illustrative, not live trading. We mark the line on purpose: a roadmap that blurs what exists from what’s promised is the thing a verification company can least afford.