Two Prime makes onchain finance push with $10 million
Digital asset firm Two Prime has launched the Axiom WBTC Yield Vault on the Pareto protocol to facilitate institutional bitcoin lending. The vault allows users to deposit wrapped bitcoin (WBTC) to earn projected annual yields between 1.5% and 2%. To mitigate risk for participants, Two Prime has committed $10 million of its own capital to serve as a first-loss buffer. The initiative connects bitcoin holders with institutional borrowers, including public companies and credit-rated financial entities. Assets within the vault are secured by institutional-grade custodians ICE Digital Trust and Copper Technologies. This launch represents a strategic expansion of Two Prime’s lending operations into onchain finance by leveraging Pareto’s private credit infrastructure. By providing a structured mechanism for bitcoin-backed yield, the vault aims to bridge the gap between decentralized liquidity and institutional funding requirements.
