Earn Returns on Your Bitcoin.
Without selling it.
This SMA connects your Bitcoin to two competing institutional prime brokers. They bid against each other for your collateral. You keep direct ownership, get daily liquidity, and hold your assets in a separately managed account.
Returns are variable and not guaranteed. Bitcoin is subject to price volatility and other risks.
You held through four halvings and two exchange collapses. Your bitcoin sat there.
Too many yield products asked you to accept the same bad tradeoff: hand your Bitcoin to a single counterparty, hope they don’t rehypothecate it, and check every morning that they’re still solvent.
BlockFi collapsed. Celsius collapsed. Genesis collapsed. The pattern was obvious, and the cost was real.
The Two-Prime SMA was built around that problem. It doesn’t eliminate all counterparty or operational risk, but it changes the structure so you’re not dependent on one party staying honest.
Two Prime Brokers. One SMA. Contractual Restrictions on Rehypothecation.
Most platforms connect you to a single borrower or pool. This strategy splits your exposure across two independent institutional primes that compete for your collateral.
How It Works
Your bitcoin stays in your name through every step.
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01
Open Your SMA
Digital onboarding for accredited investors. The account is titled in your name or entity. You are the legal and beneficial owner from day one.
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02
Deposit Bitcoin
Transfer BTC from self-custody or your exchange to a segregated address at Prime A or Prime B. Your bitcoin is collateralized and ready to work.
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03
Primes Compete
Our allocation engine monitors both brokers continuously. Your bitcoin routes to the venue offering better yield-to-risk at any given time. If conditions shift, the allocation shifts with them.
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04
Earn and Withdraw
Yield accrues daily in USD or BTC. Rates vary and are not guaranteed. Reinvest to compound or withdraw on T+1. No contractual lockup periods.
What Makes This Different
The structure matters as much as the return.
Built for Accredited BTC Holders
This strategy is for people who already own meaningful bitcoin positions and want to generate yield without giving up custody to a single counterparty. If you’ve been sitting on BTC through multiple cycles and you’re tired of watching it do nothing between bull runs, this is worth a conversation.
Your Bitcoin Has Waited Long Enough.
A separately managed account offering bitcoin yield through dual prime brokerage. Built for accredited BTC holders who want better custody and counterparty protections than what's been available.
Fill out this form to get started. We’ll walk you through exactly how your assets would be held, insured, and managed.