Two Prime Launches Institutional Bitcoin Lending Vault on Pareto

Two Prime has launched an institutional Bitcoin lending vault on Pareto, targeting annual returns of 1.5% to 2%. The firm committed roughly $10 million in first-loss capital to absorb initial borrower credit losses.

The Axiom vault requires a minimum investment of 5 Wrapped Bitcoin (WBTC), which is currently valued at around $380,000 based on the current price of Bitcoin ($76,000).

ICE Digital Trust and Copper Technologies will provide custody for assets supporting the lending strategy. Two Prime's existing institutional credit business will be taking on blockchain-based infrastructure through this new product.