KPK
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KPK

Treasury and RWA vaults on Morpho. Part of the new class of onchain curators treating credit management as asset management.

kpk.fi#vaults#morphoVerified May 13, 2026
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Brief

Onchain DAO treasury manager (formerly Karpatkey). $2B+ AUM advising treasuries for ENS, Balancer, Ethereum Foundation, Nexus Mutual, and others. Non-custodial: limited permissions within client-owned Safes, never takes custody. KPK governance token launched May 2025 (1B fixed supply). Vault curation on Morpho.

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Snapshot

Key terms and identifiers.

Asset classes
Private credit, Treasuries
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Connections

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Dependency

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Tension

Direct competition or overlapping market position.