
Five Bells
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Infrastructure
Status
What is Five Bells?
Five Bells is a financial technology company that develops post-trade infrastructure for digital asset markets. The platform is designed to automate trade confirmation, clearing workflows, and settlement coordination for institutional participants, including asset managers and OTC desks.
Technical Solutions
Trade Matching and Confirmation: The system replaces manual communication and spreadsheet-based reconciliation with automated trade matching. This process generates a standardized, auditable record for bilateral transactions.
Clearing and Reporting: The platform organizes trade data to support downstream clearing and settlement activities. It supports over 200 digital assets across both spot and derivatives markets.
Bitcoin-Native Escrow (DvP): The company has developed a Delivery versus Payment (DvP) settlement layer utilizing Taproot FROST contracts. This technology allows counterparties to lock Bitcoin on-chain, with the final transfer occurring automatically upon verification of fiat or stablecoin payments.
Risk Mitigation: The infrastructure focuses on reducing operational and counterparty risks by eliminating the need for traditional intermediaries and streamlining the time between trade execution and final settlement.
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