Two Prime Launches Axiom WBTC Yield Vault with $12M Capital

Two Prime has launched an institutional-focused Axiom WBTC yield vault in partnership with Pareto, deploying approximately $12 million (around KRW 16.6 billion) as initial capital. In a press release on July 17, Two Prime stated the vault aims to lend wrapped Bitcoin (WBTC) to institutional borrowers for an annual return of 1.5% to 2.0%. The minimum deposit requirement is 5 WBTC, with target returns subject to market conditions and not guaranteed. Two Prime explained that in case of borrower defaults, its own capital will absorb losses before investor capital.

Asset custody is handled by ICE Digital Trust, while Copper Technologies supports smart contract integration.