Fractal is a platform built on web3 infrastructure that allows all on-chain financial assets to interact and collateralize against each other via a universal margin account - starting with existing crypto assets and expanding to real-world assets. The goal of Fractal is to make On-Chain Finance as capital efficient as CeFi. As an institutional-grade platform, all of Fractal's borrowers go through KYC/KYB. Fractal enables capital efficiency for institutions that are currently deployed on-chain, while also providing a way for institutions that cannot interact directly with DeFi to do so by bringing bilateral agreements on-chain. By doing so, capital efficiency is unlocked, transparency is improved, while maintaining institutional-grade compliance.