The marketplace for enforceable value movement.

Set your terms once. Khalani turns them into custom execution markets where a growing network of providers compete and compose to fulfill each transaction.

Custom execution markets

A new contract
for how value moves across networks.

01 SET
Set your execution standards once.

Encode requirements such as price, latency and finality as enforceable rules. Khalani turns them into custom execution markets.

02 SOURCE
Source from an open network of counterparties.

Solvers, market makers, bridges, and on/off-ramp providers compete to fulfill your terms.

03 SETTLE
Settle on your terms.

Atomic across every leg, every chain, every counterparty. The transaction completes as you defined it. Or it doesn't happen at all.

Executing on Khalani

One market across every leg.

A single cross-border payout touches up to five counterparties: on-ramp, tokenizer, chain, swap venue, off-ramp. Khalani holds them together as one logical transaction.

A custom execution market spans every leg of a transaction. You define the rules. Counterparties compete to fulfill any leg. The platform settles atomically across all of them. Or refunds.

Custom execution market · USD → BRL payout, ~$10K
5 legs · atomic settlement · refund-on-miss
Routing t = 0.0s
LegCounterparty · bidStatus
01On-rampSWIFT
awaiting
Pending
02TokenizerUSDC
awaiting
Pending
03ChainBase L2
awaiting
Pending
04SwapUSDC → BRZ
awaiting
Pending
05Off-rampPIX
awaiting
Pending
Atomic guaranteeAll 5 legs settle, or none do.
Elapsed0.0s
Receipt
For operators

Enforce execution terms across every supplier you already use. And reach the ones you don't.

Operators already depend on swap venues, bridges, ramps, FX desks, and corridors to move value. Khalani brings those suppliers behind one execution interface, enforces your terms across every flow, and opens each transaction to the broader provider market.

Wallets & consumer apps
swapbridgeramp
Payment platforms & PSPs
corridorfxon/off-ramp
Exchanges, brokerages, agentic apps
liquidityswap venuebridge
Neobanks & cross-border platforms
fxcorridorlocal rail
RWA & tokenized markets
issuercustodyramp
Merchants & commerce platforms
acceptanceswapsettlement

Running one of these businesses? Get in touch →

Architecture

One integration above the line. A counterparty network below it.

Every leg routes through an open counterparty network, qualified by the operator's rules.

  • One integration, not five.

    Adding a new corridor or counterparty doesn't add an integration; it inherits the market.

  • Khalani enforces the rule set.

    Price, slippage, deadline, and finality are enforced by the market, not by the counterparties competing inside it.

  • Counterparties compete on every leg.

    Every counterparty is interchangeable. They bid against the operator's terms; the rules pick the winner.

Integrator Operator Wallet · PSP · Exchange · Neobank
Khalani Custom execution market
price ≥slippage ≤deadline ≤finality =
Leg 01 On-ramp USD → stable
Leg 02 OTC desk stable → stable
Leg 03 Off-ramp stable → BRL
Inverting the integration flow

Every corridor is a separate procurement cycle.

Operators integrate three to five providers per corridor, each with its own SLA, pricing, uptime, and roadmap. Multi-counterparty execution exists. Multi-counterparty enforcement does not.

The way it works today
On Khalani
Vendor model
One contract per provider, per corridor. Five PDFs for one transaction.
One execution market. Counterparties compete inside it.
SLA enforcement
Quarterly review. Credit memos. Calls with the account team.
Encoded as execution rules. Enforced atomically per leg.
Adding a corridor
A new procurement cycle. A new integration. A new vendor stack.
Inherits the existing market. Counterparties opt in.
Failure mode
Partial state. Reconciliation. Customer-support escalations.
Atomic refund. Zero partial state. Full audit trail.
Counterparty leverage
Pricing, uptime, and roadmap belong to the supplier.
Pricing, uptime, and roadmap belong to the operator.
Global liquidity

Counterparty settlement, across every corridor.

A worldwide network of providers, including solvers, market makers, on- and off-ramps, PSPs, FX desks, and liquidity providers, competes for every leg of every transaction. Settlement is atomic: across chains, across currencies, across borders.

For providers

One integration. Every market you qualify for.

Wherever capacity sits, Khalani routes operator demand to it. One integration replaces a stack of per-operator deals.

  • Plug in once.

    One integration. Declare jurisdictions, assets, latency, and risk envelope. No bespoke SLA per operator.

  • Every qualifying market is open.

    Operator demand routes to providers whose capabilities satisfy the rules. No BD cycle, no procurement queue.

  • Win on what matters.

    Price, latency, fill rate, finality. The operator's rules define the contest; the market awards each leg to whoever fulfills it best.

  • Atomic settlement, programmatic payout.

    Settlement and payout share the same transaction container. No invoices, no reconciliation, no chasing after a failed leg.

Operator 01 Wallet
Operator 02 PSP
Operator 03 Exchange
Khalani Execution Market routes by declared capability
Provider
Solver · MM · On/off-ramp · FX desk
BRL XLM ARS USDT USDC BTC
Get started

Set the rules once. Every corridor inherits them.

Walk through your current stack with our solutions team. We'll show you what enforceable execution looks like across the corridors you already run.