Cap is Trusted by Concrete.
@ConcreteXYZ is an institutional-grade yield operator and is Cap's longest active borrower, allocating capital across a number of risk-managed onchain strategies. Concrete relies on Cap for the deep, scalable credit it needs to grow those activities.
Excited to support Hashi and an incredible group of partners as we work to unlock ~$1T idle BTC.
Concrete Vaults will help power the next era of Bitcoin finance on @SuiNetwork.
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.