Two Prime Secures $10 Million (KRW 13.6 Billion) Pre-Allocated Capital for Institutional Bitcoin Lending

Financial services provider Two Prime has launched an institutional Bitcoin (BTC) lending vault through Pareto, securing approximately $10 million (KRW 13.6 billion) in pre-allocated capital, according to Hwasungjae Kyung, reported on the 16th. The target annualized return for institutional loans is set at 1.5% to 2%, with a minimum deposit requirement of $250,000 worth of WBTC. Custody services will be provided by ICE Digital Trust and Copper, while BitGo Earn plans to participate in selling the product.