MANAGEMENT TEAM
ECOSYSTEM PORTAL
Obsidian One Corp. News
This document outlines the latest news, events, and insights from Obsidian One Corp., providing valuable information for stakeholders, investors, and clients.
Strategic Partnership: Commercium Financial
Overview
Commercium Financial, Inc. ("Commercium") is a Wyoming Special Purpose Depository Institution (SPDI) operating under a 100% reserve banking model, chartered and supervised by the Wyoming Division of Banking. Pursuant to an executed contractual agreement, Commercium has adopted Obsidian's technology as its core ecosystem and committed to invest up to Two Million Dollars ($2,000,000) to capitalize the initial phase of the integration of Obsidian's close-end mortgage acquisition and asset management ecosystem prior to the close of Obsidian's Republic crowdfunding raise.
$2,000,000 Pre-Raise Commitment
Commercium's contractual pre-raise capital commitment is designed to fund early loan acquisition activity and establish operational infrastructure prior to the Republic crowdfunding offering.
Scaling the Ecosystem
Following the Republic raise, Commercium intends to deploy additional capital to scale the ecosystem — increasing loan acquisition volume, growing a retained mortgage servicing portfolio, and expanding to tokenized security offerings for qualified investors.
Institutional Confidence
Commercium's investment reflects the institution's confidence in the model's regulatory architecture, revenue structure, and long-term asset quality, supporting digital banking services across all fifty states.
Memorandum issued March 7, 2026 | Signed by Lou Terhar, Chairman of the Board, Commercium Financial, Inc. | Wyoming Special Purpose Depository Institution
2026 Milestone: The Swish-Obsidian One Corp. Strategic Partnership
Obsidian One Corp. has entered into a landmark strategic partnership with Swish Capital, LLC. and Swish Holding, Inc. — a nationally recognized mortgage banking enterprise incorporated in Nevada and headquartered in Maspeth, New York, led by CEO Ace Watanasuparp, a 19-year veteran of the lending industry. Swish Holdings, Inc. filed a Notice of Exempt Offering of Securities (Form D/A) with the U.S. Securities and Exchange Commission on May 14, 2026 (SEC File No. 021-583199; CIK: 0002133162; EIN: 42-2099858), with a total offering size of $2.58 million under Rule 506(b) of Regulation D. The partnership's Independent Mortgage Bankers national network closes over $4 billion in mortgage loan unpaid principal balance (UPB) annually.
Leadership: Ace Watanasuparp, CEO
Ace Watanasuparp brings 19 years of lending industry experience. He previously served as SVP & National Director of Strategic Sales at Citizens Bank (2015–2022), President of DE Capital (a division of The Federal Savings Bank), and President of DE Capital Mortgage LLC, an affiliate of Wells Fargo Mortgage. He currently serves as Vice President of Cliffco Mortgage Bank. NMLS ID: 483972.
A Scalable, Growth-Oriented Structure
South Street Securities, LLC. has committed to expanding the $15 million warehouse-gestation funding facility as business volume grows. This flexible, scalable structure positions the Swish-Obsidian One Corp. partnership to rapidly increase its closed-end mortgage acquisition activity, creating a powerful engine for revenue growth and 8–9% annualized monthly investor returns.
Swish Holdings, Inc. — Corporate Profile
Incorporated in Nevada and registered as a Foreign Business Corporation in New York (Queens County). Business address: 5882 57th Drive, Maspeth, NY 11378. SEC CIK: 0002133162 | EIN: 42-2099858 | SEC File No.: 021-583199. Filed Form D/A on May 14, 2026, raising capital under Rule 506(b) of Regulation D with a total offering size of $2.58 million.
SEC-Registered Exempt Offering
Swish Holdings, Inc. has completed its SEC-registered exempt offering filings under the Securities Act of 1933, Rule 506(b) of Regulation D. The offering is structured for accredited investors and is fully compliant with applicable federal securities laws. All Swish-Obsidian One Corp. investment offerings are conducted in compliance with federal and state securities regulations.
Industry Insights
The Rise of AI
Generative AI reached 53% population adoption within three years — faster than the personal computer or the internet (Stanford HAI 2026 AI Index). 88% of organizations now report using AI (Deloitte 2026 State of AI in the Enterprise), and worker access to AI rose 50% in 2025. The breakout story of 2026 is agentic AI — software that autonomously books meetings, updates CRMs, ships code, and files tickets with progressively less human supervision. Yet only 1 in 5 companies has a mature governance model for autonomous AI agents, creating both risk and opportunity. Obsidian One Corp. leverages AI and agentic tools to enhance products and drive operational efficiency.
Importance of MSRs
The MSR market continues to demonstrate resilience and strength in 2026, supported by stable servicing cash flows and sustained investor demand (SitusAMC, April 2026). Mortgage rates are firmly in the 6.375%–6.75% range as of June 2026, with the Fed expected to hold rates elevated through Q3 2026. Existing home sales increased 3.2% in May 2026 to an annualized pace of 4.17 million units — the strongest pace since December 2025 — while the average home price rose to a record $429,300. Transferring mortgage servicing rights enables institutions to concentrate on their core business of loan origination.
Performance of MSRs
Lower WAC MSRs continue to command premium pricing due to limited refinance incentive (MIAC Analytics, June 2026), while higher WAC portfolios benefited from slower projected prepayments as rates moved higher. Recapture assumptions remain a major driver of pricing dispersion among investors. GNMA delinquency trends continue to improve, though severe delinquency concentrations remain elevated. The Federal Reserve estimates MSR valuations could decline 5–13% under severe stress scenarios, underscoring the importance of portfolio quality and diversification. MSRs serve as a natural hedge: rising rates increase MSR value due to fewer prepayments; falling rates decrease value due to increased prepayment speeds.
Executive Interviews
Executive Interviews
CEO Interview: Vision for the Future
Obsidian's mission is to eliminate that middleman through its proprietary blockchain ecosystem, giving non-bank originators direct, frictionless access to capital markets. Auguste sees the tokenization of mortgage servicing rights (MSRs) as the defining opportunity of this decade — pointing to blockchain-native platforms processing tens of billions in mortgage volume and deals like Figure's $717M acquisition of Kiavi signaling that on-chain mortgage infrastructure is moving mainstream.
He emphasizes that Obsidian's partnership with Commercium Financial (a Wyoming SPDI chartered bank) and the Swish-Obsidian One Corp. strategic alliance position the company at the intersection of institutional banking, fintech, and blockchain — a convergence he believes will reshape how American homebuyers access affordable mortgage capital.
CTO Interview: Technological Advancements
Obsidian One Corp.'s technology leadership outlines the company's strategic investments in blockchain infrastructure, AI-powered risk assessment, and tokenized asset management for 2026. Key priorities include:
  1. Expanding the proprietary blockchain ecosystem that tokenizes closed-end mortgage loan servicing rights (MSR) cash flows for direct capital market access — eliminating the friction, cost, and delay of traditional intermediaries
  1. Integrating AI-powered risk assessment tools developed in partnership with Siddhi Financial LLC to enhance portfolio underwriting and investor protection
  1. Advancing the Swish Stablecoin payment rail as a low-volatility, blockchain-native medium for distributing 8–9% annualized monthly investor returns
The CTO notes that agentic AI — software that autonomously executes workflows with minimal human supervision — is being evaluated for loan processing, compliance monitoring, and investor reporting. With 88% of enterprises now using AI (Deloitte 2026), Obsidian is positioned to lead the convergence of AI and blockchain in mortgage capital markets.