# Vela

> Vela connects private wealth to Ethereum-native yield — a personal IBAN, a self-custodial wallet, and a savings experience as calm as private banking. Built for HNW individuals, family offices and institutions.

Vela is a private digital savings platform. It connects private wealth to
Ethereum-native yield through a familiar private-banking surface. It is
deliberately not a crypto exchange or trading venue.

## What Vela is
- A savings platform for HNW individuals, family offices and institutions.
- Euro in, yield on, liquid always: fund by bank transfer, allocate to an
  appreciating on-chain position, exit to any bank account at any time.
- Self-custodial: assets stay in the client's own wallet, secured by
  multi-party computation (distributed keys, no seed phrase).

## Core services
- Euro accounts & payments: a named virtual IBAN for SEPA pay-in and pay-out.
- Custody: self-custody secured by distributed-key (MPC) technology.
- Yield position: value accrues in the unit price, not in quantity — no daily
  income events (informational only, not tax advice).
- Conversion: one-click, both directions, with price-impact protection.
- Term vault: fixed-term sleeve (6/12/24 months) at enhanced rates.
- Access & security: full web banking, biometrics, one-time codes.

## Who it is for
- Private individuals (HNW & UHNW)
- Family offices (single & multi-family)
- Institutions, private equity and corporates

## Contact
- Waitlist and access requests: https://www.velafinance.xyz/#access

## Notes
- Nothing published by Vela is investment, legal, accounting or tax advice.
- Digital assets are volatile; yields are variable and not guaranteed.