Onchain Separately Managed Accounts (SMAs)

L1's Onchain SMAs provide operational infrastructure for managing separately managed accounts through smart contract-based wallet operations, enabling financial advisors to provide discretionary management of client digital assets while clients maintain full custody. The platform delivers advanced wallet operations and transaction management capabilities impossible in traditional financial infrastructure.

Wallet Operations & Transaction Management

Smart Contract Permissions: Advisors receive smart contract-based permissions to execute transactions on behalf of clients without holding custody. This permission framework enables true discretionary management while keeping assets in client self-custody wallets, providing operational control without custodial risk.

Multi-Signature Infrastructure: Integration with institutional-grade security infrastructure including multi-signature transaction requirements for high-value operations, providing additional operational safeguards and approval workflows.

Transaction Approval Workflows: Programmatic transaction execution based on predefined rules and thresholds. Advisors can set operational parameters and let smart contracts enforce spending limits and policy requirements automatically.

Role-Based Permissions: The custody model allows clients to grant granular discretionary authority to advisors for specific operations (trading, rebalancing, yield deployment) while maintaining ultimate control over assets through their self-custody wallet infrastructure.

Operational Automation

Programmatic Rebalancing: Automated portfolio rebalancing based on predefined rules and thresholds. Advisors can set allocation targets and let smart contracts execute rebalancing transactions when positions drift beyond specified tolerances, eliminating manual transaction coordination overhead.

Tax Loss Harvesting Automation: Always-on, rules-based tax loss harvesting that continuously monitors portfolios and autonomously executes tax-efficient swaps to reduce taxable gains. This automation captures time-sensitive opportunities through programmatic transaction execution.

24/7 Operations: Clients can adjust strategies, request redemptions, or access liquidity at any time with instant onchain settlement. The wallet infrastructure operates continuously without business-hours restrictions or manual approval delays.

Custody Model

Client Control: Unlike traditional custodial arrangements, Onchain SMAs allow clients to maintain full control of their assets in self-custody wallets with complete transparency over all wallet operations and transaction history.

Regulatory Compliance: The non-custodial wallet operations model aligns with evolving SEC guidance on digital asset custody while providing advisors with the discretionary authority needed to manage portfolios professionally.

Multi-Chain Support: Wallet operations infrastructure supports Ethereum, Base, and Arbitrum networks, providing flexibility for multi-chain asset management and cross-chain transaction coordination.

Target Users

Designed for registered investment advisors (RIAs), wealth managers, asset management firms, and family offices requiring sophisticated wallet operations infrastructure for discretionary management of client digital assets with institutional-grade operational controls and compliance capabilities.