Two Prime launches $10M-backed Bitcoin yield vault

Two Prime has launched an institutional Bitcoin lending vault on Pareto targeting annual returns of 1.5% to 2%, with roughly $10 million of the firm’s own capital committed to absorb initial credit losses. Summary Two Prime launched a Pareto WBTC vault targeting 1.5% to 2% annual institutional lending yields. Two Prime committed roughly $10 million in first-loss capital to absorb initial borrower credit losses. The Axiom vault requires at least five WBTC, placing entry near $380,000 at current prices. ICE Digital Trust and Copper Technologies will provide custody for assets supporting the lending strategy. Pareto currently tracks roughly $227 million in active private-credit loans across its onchain credit infrastructure. CoinDesk reported on Sept. 16 that the Axiom WBTC Yield Vault accepts Wrapped Bitcoin and requires a minimum investment of 5 WBTC, putting the entry level near $380,000 with Bitcoin trading around $76,000 at publication. The quoted yield is a target tied to lending conditions and is not guaranteed. The product takes Two Prime’s existing institutional credit business onto blockchain-based infrastructure, with Pareto handling the private-credit rails and ICE Digital...