Advisory council · Four categories
Senior advisors. Four disciplines. One standard.
- Categories
- Four
- Target size
- 12 – 16 seats
- Term
- 24 months, renewable
- Disclosures
- Public register
How the council works
Advice, not governance.
- 01
Individual advisory agreements
Each advisor is engaged on a standard advisory agreement with defined time commitment, modest equity compensation, and explicit conflict-of-interest disclosures. The template agreement is publicly referenced in the governance register. - 02
Category-specific working sessions
The council is convened by category, not as a full body. The Regulatory advisors convene ahead of each major filing; Orbital advisors convene ahead of each new asset-class launch; Cryptography advisors are called on protocol design changes. - 03
Public register of advisors
Every advisor is named in the public register once seated, with category, term, and any conflict disclosures of substance. We run the advisory council like the reference institutions do, not like a startup does. - 04
Rotation is expected
Two-year terms, renewable once by mutual agreement. Rotation keeps the council honest and prevents the dynamic where an advisor becomes inseparable from the company. The council that helps you get to Series A is not the same council that helps you through the first regulator exam.
The four categories
Who we seat and why.
- 01
Finance and exchanges
Senior operators from clearing houses, derivatives exchanges, custody banks, and central securities depositories. Target backgrounds: DTCC, CME Group, ICE, LCH, OCC, Eurex, HKEX, Deutsche Börse, major-bank clearing divisions. The work: CCP design critique, default-waterfall calibration, member-margin framework review, recovery and resolution plan stress-testing. - 02
Orbital operations
Senior technical operators from constellation operators, ground-station networks, launch providers, ISAM service providers, and hosted-payload integrators. The work: unit-of-account realism (what actually happens when a downlink minute is delivered), physical-delivery semantics, operator onboarding workflow review, and plausibility testing of every claim we publish. - 03
Regulatory alumni
Former senior staff from the four agencies we file on — FinCEN, SEC, CFTC, FCC — and one ITU alumnus at Working Party level. The work: filing-cadence planning, comment letter drafting critique, examination preparation, and the informal read on how a particular decision will sit with the staff of the agency in question. No lobbying — we don't do that — just practical filtered experience. - 04
Cryptography and distributed systems
Senior cryptographers and distributed-systems researchers — academic and industry. Target backgrounds: authors on the primitives we rely on (BLS12-381, Trillian, Merkle transparency logs, COSE, JCS), and senior engineers from institutions running production BFT systems. The work: protocol design review, post-quantum posture audit, and the hard questions on any primitive that ends up underneath a signed settlement decision.
Seat status
Where the council is today.
Advisory council status
- Finance and exchanges
- In search — target 4 seats
Initial conversations opened. First seat targeted for H1 2026.
- Orbital operations
- In search — target 4 seats
Spread across constellation operators, ground-station networks, and ISAM service providers.
- Regulatory alumni
- In search — target 4 seats
One seat per agency (FinCEN, SEC, CFTC, FCC) plus one ITU seat.
- Cryptography and distributed systems
- In search — target 2 – 4 seats
Biased toward authors of the primitives we rely on, plus one senior BFT-systems engineer.
Disclosures
Conflict-of-interest posture.
Advisors with a material commercial relationship with any Wavestar member firm, counterparty, or regulator of direct jurisdictional relevance will disclose that relationship in the public register and will recuse themselves from any advisory conversation where the conflict is live. The standard is the one used by the reference institutions — disclose, recuse, document.
We actively prefer advisors who have ongoing skin in the industry over those who have left it for second careers. Current exposure is an information asset, not a conflict risk, provided it is disclosed and managed. The test is transparency, not purity.
An advisor who has nothing to lose is not the one you want in the room when you're calibrating a default fund.
Interested
If you would recognise yourself in one of the four categories, we would like to hear from you.
The council will be a material part of how Wavestar reasons through its first two years. We take the conversations seriously. A short, direct note with the category you are interested in is the right way to open it.