Frgmnt Launches Founding Allocator Program to Bring Institutional Capital Onchain
Key Takeaways
- •The Founding Allocator Program is initially capped at 10 institutional participants.
- •Frgmnt’s non-custodial Morpho Vault strategies have generated an average annualized yield of 6.80%, with eligible participants offered up to 10% APY.
- •Anchorage will support institutional onboarding through its custody environment, while Frgmnt provides curation, reporting and ongoing strategy reviews.
- •The program has no fees or lock-up period, and same-day withdrawals are available under normal operating conditions.

Paris, France, October 19, 2026 — Frgmnt, an institutional onchain yield infrastructure company, today announced the launch of its Founding Allocator Program, a limited-access initiative designed to give professional investors access to stablecoin lending markets without requiring them to build and operate the underlying DeFi infrastructure themselves. The program will initially be capped at 10 institutional allocators and combines curated stablecoin lending strategies with institutional onboarding through Anchorage.
Participants access to non-custodial Morpho Vault strategies curated by Frgmnt. On Morpho, a decentralized lending protocol, vault depositors retain ownership of their assets while a designated curator allocates those assets across onchain lending markets. These strategies have generated an average annualized yield of 6.80%, while Founding Allocator participants are eligible for an enhanced yield of up to 10% APY. No program fees apply during the Founding Allocator Program, there is no lock-up period, and same-day withdrawals are available under normal operating conditions.
The launch addresses a longstanding operational barrier to institutional participation in onchain finance: accessing yield strategies has traditionally required custody arrangements, reporting capabilities, and structured processes for evaluating and managing allocations, in addition to the underlying technology itself.
Institutional onboarding for the program will be supported through Anchorage, a federally chartered digital asset bank, allowing eligible participants to access the program through an institutional custody environment. Frgmnt will provide strategy curation, dedicated reporting, regular strategy reviews, and direct access to its team.
“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.”
The announcement comes as stablecoins expand beyond crypto trading and payments, positioning onchain lending markets as an additional route for institutions to deploy capital. Stablecoin lending is among the longest-established segments of decentralized finance, with yield generated from borrowing activity across onchain markets. Accessing these markets, however, requires more than an attractive yield: custody, liquidity, transparency, operational processes, and ongoing risk management remain central considerations for professional allocators.
Frgmnt pairs transparent onchain strategies with an institutional framework for accessing and monitoring those opportunities. Participants can review their allocations and underlying activity through onchain data alongside dedicated reporting, while retaining the flexibility to increase or withdraw their allocations.
The limited initial cohort is intended to allow Frgmnt to work closely with each participant throughout onboarding and as they evaluate and scale their onchain allocation. How quickly the founding cohort fills, and whether Frgmnt later widens access beyond the initial 10 slots, will be the next developments to watch for the program.
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 provide professional investors with structured access to stablecoin lending markets. Frgmnt focuses on strategy curation, risk parameters, and the institutional product layer surrounding onchain yield, while custody and institutional access are provided through specialized infrastructure partners.
Frgmnt's protocol and strategy activity are transparent onchain, with relevant information and performance data made available through its website and blockchain analytics platforms.
Media contact: Aurélien Roussel, aurelien@frgmnt.fi
Source: Chainwire