Swiss Bank Sygnum Unveils Bitcoin Yield Fund With Starboard Digital

Swiss digital asset bank Sygnum has launched the BTC Alpha Fund in collaboration with Starboard Digital, aiming to provide investors with an annual yield of 8%-10% through arbitrage strategies while maintaining full exposure to Bitcoin. The fund is designed for professional and institutional investors, incorporating unique features such as the ability to use fund shares as collateral for loans at Sygnum. This approach allows investors to potentially increase their Bitcoin holdings without losing exposure to price fluctuations. The fund, which is domiciled in the Cayman Islands, is attracting interest from clients eager to explore decentralized finance (DeFi) options for their investments. Analysts note that Bitcoin's presence in DeFi is currently minimal, signaling significant growth potential. Sygnum aims to support institutional investors in diversifying their portfolios and enhancing returns from their Bitcoin assets, amid a growing market for Bitcoin liquidity and institutional-grade yield products.

Source 🔗