American investment advisor Two Prime has partnered with staking infrastructure service provider Figment to provide cryptocurrency yield opportunities for institutional clients, highlighting the growing interest of institutions in blockchain yield strategies.
Through this collaboration, Two Prime's institutional clients will gain access to yield strategies for Bitcoin (BTC) and over 40 digital asset protocols, including Ethereum, Solana, Avalanche, and Hyperliquid. The partnership was announced on Tuesday.
Two Prime is a crypto-native investment advisor registered with the U.S. Securities and Exchange Commission, managing approximately $1.75 billion in assets and operating one of the largest Bitcoin lending businesses in the industry.
In July of this year, Bitcoin mining company MARA Holdings acquired a minority stake in Two Prime, significantly increasing the amount of BTC managed by Two Prime.
Several blockchain companies are actively positioning themselves in the Bitcoin yield market, tapping into the potential of this $23 trillion asset. Solv Protocol has launched structured vault products that generate yield for BTC by combining decentralized and traditional financial strategies.
Bitcoin-focused DeFi startup BOB has completed a $21 million funding round to further expand opportunities for enhancing Bitcoin yields through a hybrid model.
Coinbase has also launched a Bitcoin yield fund for non-U.S. investors, with a target return of up to 8%. The exchange stated that the fund was established "to meet the growing institutional demand for Bitcoin yield."
Bitcoin's exceptional historical returns have attracted more investors to adopt strategies that generate yield from idle assets.
As hedge funds, family offices, and asset management companies position themselves in BTC, the demand for allocations that can provide predictable returns is increasing. Unlike "diamond hands" investors, institutions view Bitcoin as a crucial component of a diversified portfolio, with yield becoming an important aspect they require or expect.
Javier Rodríguez-Alarcon, Chief Investment Officer of digital asset management firm XBTO, stated in June that the maturity of Bitcoin as an asset class requires moving beyond simple exposure to more complex solutions.
Rodriguez-Alarcon's company has partnered with Arab Swiss Bank to offer Bitcoin yield products to wealth management clients by selling BTC options and increasing holdings during market downturns to achieve yield objectives.
As more companies incorporate Bitcoin into their balance sheets, Bitcoin yield strategies are expected to continue gaining traction. Industry tracking data shows that the public and private sectors collectively hold approximately 1.509 million BTC.
Related: All Roads Lead to Inflation: Whether the Federal Reserve Cuts Rates or Not, Bitcoin (BTC) May Benefit
Original article: “Two Prime Partners with Figment to Open New Bitcoin (BTC) Yield Channels for Institutional Clients”
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
