ALT (ALT)

Good to see another @alturax withdrawal update today! Total of ~$1.25m unwinded & enters Altura's bank account Once all is completed we can all redeem our deposits 🙏🏻

Altura Community Update Treasury recovery from Inessa is progressing on schedule. Inessa has informed us that there are no bank transfers today, with transfers resuming tomorrow at higher volumes. You can follow the recovery progress live on the Altura PoR dashboard in our app, updated as funds arrive and are reconciled. Transfers are later reconciled independently by Accountable and reflected on their dashboard. As a reminder, redemptions will begin once all treasury assets have been fully recovered and verified. We are also reading the community's feedback closely and are working on greater transparency and what comes next for Altura. More to share soon.

An update on Altura's multi-strategy vault. Every user deposit is backed. The vault is over-collateralized with reserves near 104%, the price per share has not been reduced, and no funds have been lost. No strategy failed and there was no exploit. As part of our risk management, we maintain a liquidity buffer at all times through secure custody arrangements. This helped to cushion an unprecedented demand for withdrawals as we serviced $8.5M+ in instant outflows yesterday. However, a sustained period of heavy withdrawals moved faster than the liquid part of the vault could be freed up. This is down to a maturity mismatch between our onchain and off-chain positions. We are now in the process of unwinding all active deployments. Market Making strategies will be inactive within 72 hours, while the RWA positions will take more time due to their inherent nature. To make this orderly and efficient, withdrawals are paused. We are finalizing the redemption process, working closely with our counsel to make sure the

Dear Users, Over the past 24 hours, we have experienced an unprecedented level of withdrawal requests and have successfully processed more than 8.5 million USDT in instant redemptions. Given the sustained withdrawal demand and current market sentiment, we have made the difficult decision to begin an orderly wind-down of the Altura vault. Our priority remains the protection of user capital and ensuring all redemptions are completed in a fair, transparent, and efficient manner. To facilitate this process, we have notified all counterparties and partners of our decision and have started unwinding positions across the portfolio. These positions include allocations held on exchanges, private credit opportunities, and real-world asset strategies. While some positions can be redeemed immediately, others require standard settlement and redemption periods, and we are working closely with all counterparties to accelerate the process wherever possible. We want to reassure all users that the wind-down is being conduc

Altura is becoming a truly global economic force. With our vault's RWA pillar, capital from Asia can fuel physical commodities trade across West Africa and LatAM, while yield flows back onchain. This is how DeFi should be: borderless, efficient, and accessible.