Not keys in chat
The key is not in the exchange. The key is not in the chat. The key is in the governed core.
Dreamcatcher · Crypto custody inversion
The exchange becomes a service, not the holder of the self. Keys, policy, approvals, risk limits, recovery, tax history, and venue trust memory move into a governed durable core.
The key is not in the exchange. The key is not in the chat. The key is in the governed core.
Matching, market data, compliance, settlement, bank rails, tax, and support become replaceable services around the core.
Explicit approvals, backups, recovery, signing policy, and irreversible-transfer boundaries come first.