Two Prime launched a Bitcoin lending vault, promising $10 million in first-loss capital

Digital asset financial services company Two Prime has launched a Bitcoin lending vault on Pareto, targeting an annualized yield of 1.5% to 2% for institutional lending, with a minimum deposit amount of 250,000 USD equivalent in WBTC.

Two Prime has committed approximately 10 million USD as first-loss capital. Ice Digital Trust and Copper provide custody services, and the BitGo Earn platform plans to participate in distribution.