Congrats to our friends at @BitGo and @ConcreteXYZ.
The path from qualified custody to productive onchain capital is getting clearer by the week.
Keep an eye on this space.
https://t.co/u4XQqIFW44
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/ Institutions want blockchain rails without blockchain chaos.
BlackRock is expanding tokenized Treasuries. Private credit RWAs are crossing record numbers.
The signal is obvious: capital wants programmability and settlement efficiency, not unmanaged DeFi risk.
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.
Five things no single person at @ConcreteXYZ can do:
Move capital. Change vault parameters. Modify signers. Update NAV without an independent validator. Route bridge funds off-whitelist.
Operational security is what comes after "Code is Law."