← Back

Our Thesis

Provenance Verified Private Markets

The Problem

An estimated $35 trillion in capital sits stranded across private markets globally. These assets suffer from opacity, fragmented infrastructure, and a lack of verifiable provenance, making them difficult to value, trade, or leverage. Traditional economic engines that once drove growth are stalling under the weight of these structural inefficiencies.

The Opportunity

Provenance verification represents a paradigm shift in how private market assets are originated, evaluated, and exchanged. By establishing a verifiable chain of custody and authenticity for private market instruments, we can unlock liquidity that has been trapped by information asymmetry and trust deficits.

Our Approach

USAX is building the infrastructure layer that brings institutional-grade provenance verification to private markets. We operate at the intersection of verified data, structured market access, and trusted counterparty networks.

Why Now

The convergence of regulatory modernization, institutional demand for alternative assets, and advancements in verification technology creates a unique window. The market is ready for infrastructure that can bridge the gap between stranded capital and qualified participants.

Learn More

Our inaugural publication, Mensalis, I: On $35 Trillion in Stranded Capital and Failing Economic Engines, provides a comprehensive treatment of this thesis. Qualified applicants who request access to the USAX platform will receive the first issue.