Every OTC settlement on a public blockchain becomes a market signal.

Capital gets exposed.
Leverage shifts.
Profit margins shrink.

Confidential settlement fixes this.

‍

The problem

OTC trades are negotiated privately. Funds, institutions, and market makers agree on a price off-market to avoid slippage and market impact. But when settlement lands on a public blockchain, it reveals critical information:

• Counterparties
• Capital balances
• Trade size
• Fund flows

That data becomes intelligence against you.

‍

What this means for OTC desks

Once the settlement hits the chain, multiple actors can analyze it.

- Market makers monitor settlement flows and adjust pricing when they detect inventory shifts.
- Competitors identify which funds are trading with which desks and approach those clients with better offers.
- Clients themselves see settlement volumes and push spreads tighter during negotiations.

‍

What this means for OTC clients

The same transparency creates risks for institutions using OTC desks.

Competitors can observe positioning and trade against it.
Counterparties can see liquidity and use that information in negotiations.

Large transfers also expose treasury balances and capital allocation strategies.

‍

The current workarounds

To reduce this exposure, parties resort to various workarounds:

• Rotating wallets for each settlement
• Splitting large transfers into smaller tranches
• Internal netting between clients
• Custodial settlement inside centralized platforms

But these patchwork solutions are not scalable.
OTC desks need privacy built into their existing workflows.

Not new custody systems. Not a new trading infrastructure. Not complex operational workarounds.
Just confidential settlement using the same wallets, chains, and assets desks already use.

‍

Hinkal Pay brings end-to-end confidential settlement to OTC trades.
‍Without changing how desks currently operate on-chain.

Same wallets.
Same chains.
Same assets.
Same custody model.

Confidentiality built in.

With confidential settlement, OTC desks can settle trades without revealing:

• Counterparties
• Trade size
• Balances
• Fund flows

Sender, recipient, and transaction amount remain confidential.
Settlement still happens on-chain, but sensitive information is not exposed.

‍

How it works

Using Hinkal Pay requires no infrastructure changes.

1. Connect any wallet at
pay.hinkal.io

2. Enter the recipient wallet address

3. Select token, amount, and chain

4. Choose a confidential settlement

That’s it.

‍

Receiving confidential funds

Funds arrive to the recipient’s confidential balance. This balance is controlled by the recipient’s existing wallet. To access it, the recipient simply connects the wallet entered as the recipient at pay.hinkal.io.

No new wallet required.

‍

Managing funds privately

From the confidential balance, recipients can:

• Send private transfers where sender, recipient, and amount remain confidential
• Move funds to a public wallet without exposing the original sender

This enables full confidential settlement flows between institutions.

‍

Built for institutional use

Hinkal Pay enables end-to-end confidential settlement for OTC desks.

No balances exposed.
No counterparty leakage.
No leverage lost.

Multi-chain. Wallet-agnostic. Self-custodial.

‍

Compliant by design

Transactions are screened using Chainalysis, with high-risk addresses blocked before execution.
Selective disclosure through viewing keys enables auditability when required.

‍

Try it now:
‍pay.hinkal.io