HoneyB raised $5 million in a seed round, with participation from Anchorage Digital. Its model is geared toward institutions: borrow stablecoins against native BTC, then invest them in a real-world asset fund targeting an annualized return of around 12% to earn the spread, while retaining exposure to $BTC . It supports third-party custody and requires no cross-chain transfers.
The appeal is not simply “high yields,” but its attempt to combine compliant custody, Bitcoin collateral, and real-world asset returns into a process institutions can accept. For long-term holders, “generating cash flow without selling their BTC” is certainly attractive. But 12% is only a target return, not a guarantee of principal; the fund’s transparency, liquidation rules, and custody security still require rigorous due diligence.
#比特币 #机构融资 #Stablecoins
The appeal is not simply “high yields,” but its attempt to combine compliant custody, Bitcoin collateral, and real-world asset returns into a process institutions can accept. For long-term holders, “generating cash flow without selling their BTC” is certainly attractive. But 12% is only a target return, not a guarantee of principal; the fund’s transparency, liquidation rules, and custody security still require rigorous due diligence.
#比特币 #机构融资 #Stablecoins