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

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

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