Wavestar Holdings LLC · Wyoming · 2026
A neutral clearing house for a new asset class.
Legal entity
Wavestar Holdings LLC
Jurisdiction
Wyoming, United States
Incorporated
2026
Headquarters
New York · Wyoming
By the numbers
Where the company sits today.
Year incorporated
0
Wyoming LLC, founded by Mitchell McLennan with structured-finance and multi-jurisdictional payments operating history.
Modules on one registry
0
ORCH · Terminal · Market · Attest — sharing the did:orbit: namespace.
Regulatory tracks
0
FinCEN · SEC · CFTC · SEF/DCM — filed in parallel, not sequentially.
Years to v1
0
24-month target from seed to production clearing across the full asset stack.
Index
Read the company.
- 01
Thesis
The unbundling thesis. Orbital commodities are unbundling from vertically-integrated incumbents. $28B of bilateral spectrum coordination already crosses without post-trade infrastructure. LCH was built for exactly this market shape.
- 02
Why Now
Four forcing functions, all dated within the last eighteen months: FCC EPFD modernisation (Apr 30 2026), $28B spectrum deal flow, Azure Orbital exit, SDA optical comms standard. Each cited and footnoted.
- 03
Why Not DTCC
DTCC is a securities clearer regulated by the SEC. Wavestar clears commodities and services regulated by the CFTC. LCH is the structural analog — and why incumbents won't follow.
- 04
History of Clearing
LCH 1888. SwapClear 1999. ICE Clear 2008. Wavestar 2026. The 140-year pattern of commodity clearing houses arriving when bilateral OTC markets break under volume.
- 05
Governance
Corporate structure, charter, code of ethics, committee charters, dispute resolution, and the principles that govern a neutral clearing house.
- 06
Locations
Wyoming-registered, with an operational footprint in New York and an announced expansion path through London (2027) and Singapore (2028).
- 07
OIF Nonprofit
Orbital Interchange Foundation — the 501(c)(6) membership body that will govern the shared protocol. Forms at approximately month 18.
- 08
Contact
Primary inbox routing for general enquiries, investor relations, clearing membership, counterparty introductions, press, and responsible disclosure.
Speak with us
Open a conversation with the clearing team.
The right first conversation is usually the shortest one. If your work touches downlink, ISL, propellant, hosted payload, or spectrum, we want to know about it.