One deal, read against the published standard and written the way a committee writes: conclusions in the section titles, a pre-mortem, and every risk carrying a severity and the observable event that would trigger it. What held, what did not, and what the desk refused to guess at.
Independent verification & capital solutions desk
What sinks a deal is rarely in the deck.
The deals that came apart had all been checked — against nothing in particular, often by someone holding a position in the answer. Mjolnir reads what the deck leaves out: unlock schedules, side letters, market-maker terms, the counterparty map. One analyst signs it, by name. You get it before the wire, not in the post-mortem — and when an LP asks who verified this, you hand them the memo.
First two memos free · No signup · Nothing to sign
What the desk issues
Protocol under assessment
Assessed against the published rubric. The desk holds no position in the subject, and a subject cannot commission an assessment of itself.
Verdict
Qualified
Exhibit 04–A · reconstructed from side letters
Not in the deck.
- 31% investor cliff at month nine — absent from the deckC5
- 12 → 80% float today, versus float at month nineC1
- 2 wallets bridging treasury ↔ market maker — undisclosedC1
The issuer represents that the release schedule “follows the published vesting table, with no cliff.”C6
C1 on-chain state, pinned to block height · C5 documentary, hashed on receipt · C6 what the subject says, attributed and unverified — every line carries the class it was checked against, and the desk does not mix them.
Every one of these came from a document outside the data room. That is where the desk starts reading.
Worked example · Project Basalt, figures illustrative.
What you receive
Three deliverables. Each one signed.
Full-scope due diligence across the six domains an institution already runs — team and governance, token economics, liquidity, custody and control, regulatory posture, operational controls. Delivered as a claim ledger: every line is a row with a source and an evidence rule behind it, so a reader can re-run any single claim without re-reading the file.
The thing to hand an allocator when they ask who checked this. A signed verdict against the same published standard the allocator side is read against — so it is not a testimonial you commissioned about yourself, it is the same examination they would have run, already done. Where the desk knows the buyer, an introduction can follow. It is never sold with one.
The desk also executes what clears — OTC blocks, token-backed lending, structured liquidation, secondaries, market-making introductions, capital formation. Agency only: no custody, no book, no principal risk. The six practices.
The desk does not execute what it marks.
The comparable
The alternative today is a spoken opinion. When the call ends you are left with your own notes — no record to re-read, cite, or check against a rule.
- Expert network call
- Price on application · billed hourly · annual minimum · nothing written
- Mjolnir memo
- Fixed fee, quoted per deal · no hourly billing · no minimum
6 instruments Sourced · dated
The intelligence
Anything can summarise a data room now. Almost nothing will argue with it.
A memo normally starts decaying the moment it lands. These do not. Every finding is a row with a check behind it, every number carries the day it was taken, and the file keeps reading itself long after you have stopped.
Team tokens vest linearly from 2026-11-01, per the published schedule.C5 Verified Contested
Monitor fired — C1 chain state diverged from the C5 schedule. Claim contested. Amendment issued.
Demonstration of the mechanism. No claim is under monitoring — nothing has issued.
Standard v1.0 · §7.1 Source hierarchy
Instrument Cadence What it is
Red-flag ledger Per deal Every finding is a row carrying a severity, a source, and the observable event that would trigger it — not a paragraph you have to re-read at midnight.
Verification appendix Per deal Source by source, dated. Every claim states where it came from and when it was last checked.
Adversarial pass Per claim Each material claim gets a refutation attempt before it is allowed to stand. The source hierarchy is fixed in advance, so it cannot be chosen to suit the answer.
Live monitors Continuous Claims stay under watch after delivery. When one breaks, the memo is amended and you are told — rather than finding out from the price.
Unlock calendar Desk tier Market-wide, then mapped to your book, with vesting-cliff alerts ahead of the print rather than after it.
Weighted scorecard Per deal Eleven categories, weighted to your committee’s risk language rather than to ours.
The warrant
The rule is published. The client list never will be.
Six domains, three verdicts, and the commissioning party named on the face of it. You can read the rule before you read a single verdict, and then check one against the other. No subject can buy a verdict on itself. Read the Standard.
The desk holds no position in what it grades and takes no fee that moves with the answer. You are not asked to trust that — you are given the rules and invited to catch us.
The ask
Start with the deal you’re least sure about.
Two memos, forty-eight hours each, at no cost — on live deals, not a sample we picked. If what comes back is not sharper than what you have, say so and that is the end of it. The two days were ours.
Two memos · Forty-eight hours · Nothing to sign