Two Prime Unveils Bitcoin Lending Vault on Pareto with $10 Million Backing

Two Prime, a digital asset financial services firm, has launched a bitcoin lending vault on Pareto, targeting annual yields of 1.5% to 2%. The Axiom WBTC Yield Vault accepts wrapped bitcoin (WBTC), a token representing bitcoin that can be used on other blockchain networks.

The vault requires a minimum deposit of $250,000 in WBTC and has an initial capacity of 1,350 BTC ($104 million). Returns are subject to market conditions and are not guaranteed. Two Prime is expanding its lending business into onchain finance by connecting bitcoin holders seeking income with institutions seeking access to bitcoin funding.

The firm has committed roughly $10 million of its own capital to absorb initial losses. The strategy targets borrowers including public companies, credit-rated entities, and diversified financial institutions. Pareto supplies the blockchain-based private credit infrastructure underpinning the vault, while ICE Digital Trust and Copper Technologies will hold its assets in custody.