Non-bank originators now account for 84.1% of all U.S. single-family mortgage originations (Source: CHLA 2025 IMB Report, January 2026) — yet most lack direct access to secondary and capital markets, often forcing them to sell their loans to big banks and investment funds at deep discounts. Obsidian One Corp. changes that. Our proprietary blockchain ecosystem reduces reliance on intermediaries, giving non-bank originators more direct, streamlined, and cost-efficient access to capital markets — with the goal of passing savings on to American homebuyers through lower mortgage payments and reduced costs of homeownership.
IMPORTANT: This presentation is for informational purposes only and does not constitute an offer to sell or solicitation to buy securities. Investing involves risk, including possible loss of principal. Securities offered through Wefunder Portal LLC, Member FINRA. Please review all legal disclosures before investing.
Non-Bank Originators Are Locked Out of Full Market Value
Non-bank originators, also known as Independent Mortgage Bankers, now represent 84.1% of all U.S. single-family mortgage originations (Source: CHLA 2025 IMB Report, January 2026) — yet they lack the infrastructure, resources, and direct access to secondary and capital markets that big banks and institutional investment funds enjoy. As a result, many are forced to sell their mortgage loans at deep discounts to large financial institutions, forfeiting recurring revenue streams, repeat customer relationships, and the full realized market value of their loan portfolios. This systemic disadvantage costs non-bank originators — and ultimately American homebuyers — significant amounts every year.
Obsidian Eliminates the Middleman
Obsidian One Corp.'s proprietary blockchain ecosystem gives non-bank originators and credit unions direct, frictionless access to secondary and capital markets — reducing reliance on big banks and investment fund intermediaries, and the deep discounts they often impose. By tokenizing mortgage loan servicing rights (MSR) cash flows and pooling them for re-securitization on our platform, originators can retain more of the realized market value of their loans, preserve recurring revenue streams, and maintain repeat customer relationships. Our streamlined, blockchain-powered infrastructure is designed to be faster, more transparent, and more cost-efficient than traditional channels.
Lower Costs for American Homeowners
When non-bank originators stop losing value to middlemen, those savings can be passed on to borrowers. Obsidian's model is designed to reduce the cost of mortgage origination, potentially translating into lower mortgage payments and a meaningfully reduced overall cost of homeownership for families across America. Our solution is not just a financial innovation — it aims to create a more equitable, efficient, and accessible mortgage market for every American.
Revolutionizing Mortgage Finance
Obsidian is a startup revolutionizing mortgage finance with blockchain. Through its ecosystem, Obsidian is positioned to purchase an originator's loans directly, potentially at better pricing for the originator. Investing in mortgage servicing rights cash flows is made easy, transparent, and direct by connecting originators to capital markets, cutting costs, and speeding up the process — reducing reliance on traditional intermediaries.
2018
Founded by Emile Auguste Jr. as a capital markets consulting firm in Beverly Hills, CA.
2022
Blockchain pivot: Founder ventured into blockchain development consulting, creating a proprietary technology stack in a JV with Istakapaza Technology.
2025
Technology validation: Proprietary technology stack selected for a pending partnership with a Wyoming Special Purpose Depository Institution.
2026
Scale & expansion: Grew to manage approximately $1.1B in UPB of mortgage loan servicing portfolio; boosted one client's annual revenue by $3M; incorporated Obsidian One Capital Corp. (May 2026).
2026
Capital momentum: $2M bank commitment secured to acquire mortgage servicing rights.
Obsidian's Clients' Mortgage Servicing Portfolio
2026 — $1.1 Billion
2027 — $2 Billion
2028 — $4 Billion
Obsidian's groundbreaking blockchain platform for mortgage pooling resecuritization and mortgage servicing rights cash flow tokenization is supporting growth in our managed servicing rights portfolio. Through strategic partnerships with credit unions and non-bank mortgage loan originators, our clients' managed servicing portfolio stands at approximately $1.1 billion in unpaid principal balance (UPB), and we project it to grow to $2 billion by 2027 and to exceed $4 billion by 2028. This accelerating growth trajectory reflects growing market interest in our innovative solution, which aims to deliver greater efficiency and transparency across the mortgage servicing ecosystem. This pivotal transformation of financial infrastructure fosters a powerful economic alignment, aiming to generate returns for investors while creating an ecosystem that benefits originators, homebuyers, and communities throughout America.
Projected UPB figures of $1.1B (2026), $2B (2027), and $4B (2028) are forward-looking estimates based on current assumptions and are not guarantees of future performance. Actual results may differ materially. Past performance is not indicative of future results.
The Obsidian Advantage: Long-Term Sustainable Cash Flow With Scalability
Loan Origination
Obsidian forges partnerships with leading non-bank mortgage originators — known as IMBs, which originate 84.1% of all U.S. single-family mortgage loans (Source: CHLA 2025 IMB Report, January 2026) — as well as credit unions. Our DLT-powered blockchain platform is designed to compress loan resecuritization transfer time from 21 days to 3 days, with an estimated 42% reduction in processing costs and average savings of approximately $1,250 per loan across the ecosystem.
Scalability is driven by Obsidian's pending partnership with a Wyoming Special Purpose Depository Institution and its expansive network of IMBs and Credit Unions.
Loan Origination
Non-bank originator closes loan
OB-FLUX Analysis
AI-driven cash flow analysis & pooling
Tokenization
ERC-1400 compliant digital security tokens created
Re-Securitization
Pooled loans reach capital markets in 12 days
Investor Distribution
Quarterly smart contract distributions
Cash Flow Analysis and Loan Pooling
Our team of financial analysts with an average of 12+ years of industry experience evaluates each loan's performance metrics and risk profile. Using our AI-driven OB-FLUX algorithm, we aggregate loans into diversified pools of 500–1,000 mortgages that deliver 30+ years of sustainable cash flow. This methodology is designed to reduce volatility relative to traditional MSR investments.
Tokenization and Securitization
Obsidian's blockchain technology transforms the traditional 11-step, 45-day resecuritization process into a streamlined 5-step procedure completed in just 12 days. This is designed to enable resecuritized securities to reach markets an estimated 73% faster while converting mortgage loan servicing rights revenue into ERC-1400 compliant digital security tokens with blockchain-based data integrity verification.
Investor Distribution
Through smart contract automation, investors are projected to receive quarterly distributions, with projected annual cash-on-cash yields of 10%–12% (not guaranteed). Selected loans from our portfolio are backed by Fannie Mae and Freddie Mac Uniform Mortgage-Backed Securities (UMBS) insurance or guarantees on the underlying loans, which do not guarantee investor returns. Our SmartDistribution system is designed to deliver timely, automated payments.
All performance metrics, processing time reductions, cost savings, and yield figures cited herein are estimates or based on historical data and are not guarantees of future results. Projected annual cash-on-cash yields of 10%–12% are forward-looking and subject to market conditions, interest rate fluctuations, prepayment speeds, and other factors. Investing in mortgage servicing rights involves risk, including possible loss of principal.
Why Invest in Obsidian
Higher Originator Payouts Through Streamlined Technology
Obsidian's proprietary technology condenses the tokenization process from eleven steps to just five, designed to enable credit unions and non-bank originators to sell closed-end loans for an estimated 15–20% higher returns. This efficiency can improve profitability for originators while creating better terms for homebuyers and significantly accelerating securities' time to market.
Projected Quarterly Distributions
Investors may receive quarterly distributions with projected (not guaranteed) annual cash-on-cash yields of 10%–12%. Every $1 million invested in revenue-producing mortgage servicing rights enables Obsidian to acquire approximately $100–150 million in unpaid principal balance of mortgage servicing rights cash flows, generating estimated gross annual servicing revenue of $250,000–$375,000 before operating expenses and revenue sharing. Loans qualifying for Fannie Mae and Freddie Mac Uniform Mortgage-Backed Securities (UMBS) carry insurance or guarantees on the underlying loan payments; these do not guarantee investor returns.
Access to $3B+ in Mortgage Servicing Rights
Through strategic industry partnerships, Obsidian has established access to an estimated $3 billion+ in mortgage loan servicing rights cash flows annually. We transform these high-value asset cash flows into liquid digital securities via Security Token Offerings (STOs), creating expanded accessibility and trading opportunities in this traditionally restricted asset class.
Industry-Leading Management Expertise
Obsidian's principal portfolio managers bring over 40 years of combined specialized experience in mortgage resecuritization and blockchain technology integration. Currently managing more than $1.1 billion in mortgage servicing rights and whole loans, our leadership team is focused on investment discipline and transparency.
Est. higher originator loan returns
Projected annual cash-on-cash yield
MSR access annually
Years of combined leadership expertise
MSRs currently under management
All statistics, projected yields, and financial figures presented on this slide are forward-looking estimates and are not guarantees of future performance. Projected annual cash-on-cash yields of 10%–12% and originator return improvements of 15%–20% are based on assumptions that may not prove accurate. Actual results may differ materially. Investing involves risk, including possible loss of principal. Past performance is not indicative of future results. Securities offered pursuant to Regulation Crowdfunding through Wefunder Portal LLC, Member FINRA.
How Investors Get Paid
Mortgage Loan Servicing Rights (MSRs)
Obsidian tokenizes MSR revenue that captures approximately 0.25–0.75% of each mortgage loan's interest rate. For example, on a $300,000 mortgage, this generates $750–$2,250 annually. Over a 30-year term, this represents an illustrative lifetime value of roughly $22,500–$67,500 per loan, though actual revenue depends on loan performance, prepayment speeds, and interest rate conditions.
Excess Servicing
After deducting operational expenses (10 basis points on average), the remaining 15–65 basis points generate Excess Spread revenue. On a $1.1 billion portfolio, this would illustratively represent approximately $1.65–$7.15 million in annual excess spread revenue before other costs. Obsidian's AI-powered servicing technology is designed to reduce traditional servicing costs (estimated up to 47%), directing more yield to token holders through blockchain-based payment infrastructure.
Investor Returns
Investors receive quarterly distributions, with projected annual yields of 10%–12% (not guaranteed) based on current market conditions. For every $100,000 invested, a 10%–12% yield would illustratively equal $10,000–$12,000 per year. Distributions are designed to be executed through smart contracts following each record date, with performance data and distribution history intended to be accessible through Obsidian's blockchain platform.
Projected investor returns of 10%–12% annually and the example of $10,000–$12,000 per $100,000 invested are forward-looking estimates based on current market conditions and assumptions. These figures are not guaranteed and may differ materially from actual results. Distribution timing is a target and subject to change. The securities described are illiquid and there is no established secondary trading market. Investing involves risk, including possible loss of principal. Minimum investment amounts and share prices are subject to change. Please review the Company's Form C on SEC EDGAR before investing.
Obsidian's Impact
Nonbank Originators (IMBs and Credit Unions)
Obsidian aims to boost lending revenue by streamlining operations and expanding reach. Our tokenization platform reduces administrative overhead, eliminates redundant processes, and provides access to wider capital pools, enabling smaller lenders to compete effectively while maintaining their community focus.
Investors
Seek projected returns and income from Excess Servicing cash flows. Our blockchain platform provides enhanced transparency and security while lowering investment thresholds, creating opportunities for portfolio diversification and long-term growth potential (returns are not guaranteed and are subject to market conditions).
Homebuyers
May benefit from lower interest rates through credit unions and nonbank originators offering competitive terms. By reducing operational costs throughout the mortgage ecosystem, Obsidian may help lenders pass savings to consumers, potentially saving thousands over a mortgage's lifetime and expanding access to homeownership.
Communities
Our technology aims to contribute to a more stable housing market, fostering economic growth across America. By strengthening local lenders, we keep capital within communities rather than allowing it to flow to national conglomerates, supporting community reinvestment, creating jobs, and making homeownership more attainable for long-term community development.
$1,250
Estimated average savings per loan across the ecosystem
84.1%
Share of all U.S. single-family mortgages originated by independent non-bank lenders (IMBs) (Source: CHLA 2025 IMB Report, January 2026)
47%
Estimated reduction in servicing costs via AI-powered technology
42%
Estimated reduction in processing costs via DLT blockchain platform
Invest In The Future With Obsidian
Obsidian is transforming mortgage finance through innovative blockchain technology, creating a more efficient, transparent, and accessible marketplace for premium fixed-income mortgage assets. Our blockchain platform connects nonbank mortgage originators and credit unions to capital markets more directly, reducing reliance on costly intermediaries and streamlining the investment process.
Early investors in Obsidian's SAFE Agreements and Convertible Notes may gain early access to our upcoming Security Token Offerings and may receive quarterly distributions from excess servicing revenue (projected, not guaranteed). This model is designed to benefit the entire ecosystem: originators can improve profitability, investors seek stable income, and homebuyers may benefit from more competitive interest rates.
Be part of the future of mortgage finance. Contact Obsidian today at bob@obsidianonecorp.com to learn more about participating in the future of mortgage finance.
This presentation does not constitute an offer to sell or solicitation to buy securities. SAFE Agreements and Convertible Notes involve significant risk, including possible loss of principal. Early investors may not receive the same terms as later investors. Securities offered pursuant to Regulation Crowdfunding through Wefunder Portal LLC, Member FINRA. Past performance is not indicative of future results.
The Obsidian Ecosystem
Nonbank Originators aka IMBs and Credit Unions
Obsidian partners with mortgage originators and credit unions to deliver competitive loan sales platforms. By tokenizing excess mortgage servicing right cash flow, we give these institutions faster, more efficient capital access — helping them offer more competitive rates to homebuyers while strengthening their balance sheets. The result: local lenders compete more effectively with big banks, keeping capital in communities where it belongs.
Obsidian Technology
Obsidian's blockchain platform transforms the tokenization and resecuritization of mortgage servicing rights — reducing costs and easing financing bottlenecks. The result is a transparent marketplace with real-time valuation, frictionless transfers, and automated compliance built in at every transaction point, with security built in.
Investors
Obsidian gives investors direct access to MSR cash flow — a high-yield asset class historically reserved for large institutions. Seek projected quarterly income from Excess Servicing and diversify your portfolio (returns are not guaranteed), all through an intuitive platform with real-time performance monitoring.
Capital Markets
By connecting capital sources directly to mortgage originators, Obsidian reduces reliance on costly intermediaries and reduces market friction. The platform creates a more liquid, dynamic marketplace for mortgage servicing rights — with stronger price discovery, robust secondary market trading, and ultimately more competitive rates for homebuyers nationwide.
Regulatory Compliance
Obsidian's ERC-1400 security tokens are structured under applicable federal and state securities law exemptions. The platform is designed to enforce compliance rules at each transaction point, using industry-standard security protocols and blockchain-based record keeping.
Obsidian Technology Partnership
Obsidian's strategic alliance with Istakapaza delivers a CeDeFi (Centralized Decentralized Finance) blockchain platform that transforms mortgage servicing right cash flow tokenization — enabling real-time asset valuation, reducing operational costs by up to 42%, and accelerating capital velocity across the entire mortgage ecosystem.
The Obsidian–Istakapaza partnership creates a unified digital mortgage ecosystem — connecting originators, credit unions, custodians, investors, and capital markets through shared smart contract rules and immutable blockchain records.
Together, the partnership reimagines mortgage resecuritization through Istakapaza's CeDeFi stack — combining permissioned CeFi chains with public DeFi rails to deliver compliant, programmable liquidity at scale.
Istakapaza's platform serves as the technological backbone for Obsidian's blockchain marketplace — enabling real-time asset valuation, automated regulatory compliance, and frictionless transfers that compress processing times from weeks to days.
Credit unions and nonbank originators gain direct capital market access with optimized MSR pricing and liquidity. Investors benefit from real-time portfolio visibility, streamlined due diligence via AskIsta's AI Mortgage CoPilot, and improved risk assessment.
Istakapaza's AskIsta GenAI engine powers continuous innovation — from AI Pool Structuring that optimizes asset combinations and credit enhancement, to autonomous AI agents that handle KYC, loan file corrections, and compliance workflows with minimal human intervention.
By fusing Obsidian's deep mortgage expertise with Istakapaza's CeDeFi infrastructure and GenAI capabilities, this partnership is building a more efficient, transparent, and accessible mortgage capital market — delivering value to every participant in the chain.
Important Legal Disclosures
Not an Offer to Sell
This presentation is for informational purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy, any securities in any jurisdiction. Any offer or sale of securities will be made only pursuant to a formal offering document. No offer or sale may be made in any state where such offer or sale would be unlawful prior to registration or qualification under applicable state securities laws.
Regulation Crowdfunding Disclosure
Obsidian One Corp. is offering securities pursuant to Regulation Crowdfunding (17 C.F.R. § 227) under the Securities Act of 1933, as amended, through Wefunder Portal LLC (CRD No. 283503), a registered funding portal and FINRA member. These securities have not been registered under the Securities Act or any state securities laws. Investors should review the Company's Form C on SEC EDGAR at www.sec.gov before investing.
Blue Sky — All 50 States
Securities offered under Regulation Crowdfunding are federally preempted from state registration requirements under Section 18 of the Securities Act of 1933 and Section 28(f)(2) of the Securities Exchange Act of 1934. However, state anti-fraud laws and notice filing requirements may still apply. Residents of all 50 states and U.S. territories are eligible to invest subject to applicable Reg CF investment limits. Investors are encouraged to consult a licensed securities attorney in their state before investing.
Investment Risk & Suitability
Investing in early-stage companies involves a high degree of risk, including possible loss of your entire investment. These securities are illiquid — there is no established secondary trading market. Under Reg CF, non-accredited investors are subject to investment limits based on annual income and net worth. You should not invest funds you cannot afford to lose. Consult your own legal, tax, and financial advisors before investing.
Forward-Looking Statements
This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Projected yields of 10%–12%, AUM growth figures, cost reduction percentages, and processing time improvements are estimates based on assumptions that may not prove accurate. Actual results may differ materially due to market conditions, interest rate changes, regulatory developments, prepayment speeds, credit losses, and other factors. Obsidian undertakes no obligation to update forward-looking statements.
Blockchain & Digital Asset Regulatory Risk
ERC-1400 security tokens have not been registered under the Securities Act or any state securities laws and are offered pursuant to applicable exemptions. The regulatory landscape for digital assets and blockchain technology continues to evolve at the federal level (SEC, CFTC, FinCEN) and in all 50 states. Changes in law or regulation could materially affect the Company's business, token value, and investors' ability to transfer or liquidate their investment.
No Guarantee of Returns
Projected annual cash-on-cash yields of 10%–12%, AUM projections, per-loan savings, and all other financial performance figures are forward-looking estimates only and are not guarantees of future performance. Past performance of mortgage servicing rights is not indicative of future results. Fannie Mae/Freddie Mac UMBS guarantees apply only to qualifying loans and do not guarantee investor returns.
No Professional Advice
Nothing herein constitutes legal, tax, accounting, or investment advice. Prospective investors should consult their own advisors. The Company's counsel does not represent prospective investors.
© 2026 Obsidian One Corp. All rights reserved. | Incorporated in California | Securities offered through Wefunder Portal LLC, Member FINRA (CRD No. 283503) | FINRA BrokerCheck: www.finra.org/brokercheck | SEC EDGAR: www.sec.gov | Investor Education: www.investor.gov | This document is confidential and for informational purposes only. Obsidian One Corp. is not a registered broker-dealer, investment adviser, or funding portal. Wefunder Portal LLC is the registered funding portal for this offering.
OBSIDIAN ONE CORP.