Qualified custody used to mean you couldn't earn.
Now it means you can't afford not to.
The line between compliant and capital-efficient just disappeared.
Institutions have long faced a trade-off between the security of qualified custody and access to onchain rewards.
BitGo and @ConcreteXYZ are partnering to change that, piloting an institutional onchain offering where digital assets stay in qualified custody through BitGo Bank & Trust while clients access Concrete-operated vault strategies.
The result is a regulated foundation for treasury operators and asset managers seeking to make balance sheet capital more productive.
Read the full PR: https://t.co/osu6qhadYC
1/ For years, qualified custody meant idle capital.
Today, that changes.
We're partnering with @BitGo to build a custody-native vault platform; institutional assets staying in regulated custody while running strategies through Concrete's vault architecture.
1/ The biggest inefficiency in crypto isn’t yield.
It’s $100B+ of institutional capital sitting idle because the path to earning yield often breaks custody requirements.
1/ A vault doesn't hold one asset in one place anymore.
Lending on Aave. LPs on Curve. Perps on Hyperliquid. Stables on Binance.
So what's the vault actually worth right now?
As a marketing guy I can’t help but notice marketing everywhere, the grocery store is always interesting to walk through.
The GLP marketing (repackaging products with different copy to highlight protein) will be studied for generations.
April stress-tested every definition in this space.
Institutional means process discipline. Anyone can claim it. Few can demonstrate it as a repeatable methodology.
Preservation of capital is where that distinction becomes permanent.