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Two Prime
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Two Prime✓

@Two_Prime

Institutional-grade digital asset investment strategies and bitcoin-backed lending*, built for transparency, risk control, and long-term stewardship.

827 Following3.8K Followers1.7K Posts
  1. Two Prime✓@Two_Prime
    Another year of The Signal is in the books! Three major themes emerged: ⚫️ Convergence ⚫️ Tokenization ⚫️ Collateral Mobility Thank you to our incredible lineup of speakers and to our guests for the conversations we had throughout the day.
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    10131K
  2. Two Prime✓@Two_Prime
    Two Prime
    RT @paretocredit: Our recent article 'Bitcoin Yield Decomposed' sparked a lot of discussion about where bitcoin yield actually comes from and why it’s worth looking beyond headline yield. Here, @Jonasoeth breaks down the @Two_Prime vault on Pareto. Worth a read!
    Defi Jonaso ❖ @Jonasoeth
    imo, one of the most valuable insights from @paretocredit's article is that most real Bitcoin borrowing demand sits in the OTC market, where hedge funds, prime brokers, and financial institutions borrow Bitcoin to support their operations. Onchain, Bitcoin is mostly used as collateral, leaving lending rates close to zero. This gap is exactly what credit products like Pareto x Two Prime aim to address, bringing offchain institutional borrowing demand onchain through a more structured credit model. So what makes this Bitcoin Credit product different from traditional OTC lending and existing onchain markets? 1. Yield backed by institutional credit demand The vault currently offers around 1.61% net APY, paid in $WBTC. That's significantly higher than most onchain Bitcoin lending pools, where limited borrowing demand keeps rates near zero. More importantly, the yield comes from interest paid by institutional borrowers rather than relying on token incentives. 2. Credit structure designed for institutional lending Rather than operating as a typical lending pool, Pareto structures the vault as a credit facility with defined risk controls. @Two_Prime puts up 150 WBTC of its own capital as first-loss protection, absorbing credit losses before they reach lenders. The vault also has monthly redemption cycles and a Credit Agreement outlining lender rights and recovery procedures. This follows the hybrid onchain + offchain model that Pareto has already demonstrated across its previous Credit Vaults. 3. A new access channel for institutional Bitcoin credit The product opens institutional Bitcoin credit exposure to eligible lenders holding capital onchain. Previously, accessing OTC lending opportunities often required direct institutional relationships, with limited flexibility around participation. By bringing this exposure onchain, Pareto creates another channel for capital allocation beyond traditional OTC relationships. 4. The composability potential of $pAXIOMBTC For me, this is the strongest advantage of bringing Bitcoin credit onchain. Unlike traditional OTC positions, the vault's receipt token can potentially be integrated into secondary markets, money markets, or more complex structured DeFi products. That opens the door for the same Bitcoin credit exposure to gain additional liquidity, distribution, and utility across DeFi.
    04025
  3. Defi Jonaso ❖✓@Jonasoeth
    imo, one of the most valuable insights from @paretocredit's article is that most real Bitcoin borrowing demand sits in the OTC market, where hedge funds, prime brokers, and financial institutions borrow Bitcoin to support their operations. Onchain, Bitcoin is mostly used as collateral, leaving lending rates close to zero. This gap is exactly what credit products like Pareto x Two Prime aim to address, bringing offchain institutional borrowing demand onchain through a more structured credit model. So what makes this Bitcoin Credit product different from traditional OTC lending and existing onchain markets? 1. Yield backed by institutional credit demand The vault currently offers around 1.61% net APY, paid in $WBTC. That's significantly higher than most onchain Bitcoin lending pools, where limited borrowing demand keeps rates near zero. More importantly, the yield comes from interest paid by institutional borrowers rather than relying on token incentives. 2. Credit structure designed for institutional lending Rather than operating as a typical lending pool, Pareto structures the vault as a credit facility with defined risk controls. @Two_Prime puts up 150 WBTC of its own capital as first-loss protection, absorbing credit losses before they reach lenders. The vault also has monthly redemption cycles and a Credit Agreement outlining lender rights and recovery procedures. This follows the hybrid onchain + offchain model that Pareto has already demonstrated across its previous Credit Vaults. 3. A new access channel for institutional Bitcoin credit The product opens institutional Bitcoin credit exposure to eligible lenders holding capital onchain. Previously, accessing OTC lending opportunities often required direct institutional relationships, with limited flexibility around participation. By bringing this exposure onchain, Pareto creates another channel for capital allocation beyond traditional OTC relationships. 4. The composability potential of $pAXIOMBTC For me, this is the strongest advantage of bringing Bitcoin credit onchain. Unlike traditional OTC positions, the vault's receipt token can potentially be integrated into secondary markets, money markets, or more complex structured DeFi products. That opens the door for the same Bitcoin credit exposure to gain additional liquidity, distribution, and utility across DeFi.
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    Pareto @paretocredit
    296501.6K
  4. Two Prime✓@Two_Prime
    Two Prime
    RT @BartAntPL: 98% of the bitcoin in DeFi earns under 0.5% a year. @paretocredit and @Two_Prime looked at why and at what to check before chasing higher rates. Worth a read:
    Pareto @paretocredit
    02036
  5. Pareto✓@paretocredit
    54326.4K
  6. Two Prime✓@Two_Prime
    Breaking down all things bitcoin yield by the research team at @paretocredit 👏
    Pareto @paretocredit
    129434
  7. Two Prime✓@Two_Prime
    ✅ The biggest names in digital assets onstage. ✅ Over 200 institutional leaders in the room. ✅ No press, invitation-only. ✅ Custody, vaults, real-world assets, stablecoins, convergence. Watch The Signal 2026 recap below.
    029518
  13. BitGo@BitGo
    Thank you to @Two_Prime for hosting!
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    Two Prime @Two_Prime
    The final roster for The Signal has been set! Over 400 leaders in institutional crypto (both onstage and in the room) are coming together for one day to discuss the convergence of traditional and digital assets. View the full schedule here:
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  14. Two Prime✓@Two_Prime
    Tomorrow 👀
    Two Prime @Two_Prime
    The final roster for The Signal has been set! Over 400 leaders in institutional crypto (both onstage and in the room) are coming together for one day to discuss the convergence of traditional and digital assets. View the full schedule here:
    017299
  15. Two Prime✓@Two_Prime
    The final roster for The Signal has been set! Over 400 leaders in institutional crypto (both onstage and in the room) are coming together for one day to discuss the convergence of traditional and digital assets. View the full schedule here:
    Download
    0092K
  16. Two Prime✓@Two_Prime
    Two Prime
    RT @FINTECHTVglobal: Tokenizing assets is already possible. Regulation is the only thing holding it back. @alexandersblume, CEO of @Two_Prime, tells @RemyBlaireNews major exchanges are already tokenizing securities, but without permissionless transfer or on-chain collateral use, “a lot of the value of the tokenization kind of goes away.”
    04027
  17. Two Prime✓@Two_Prime
    Two Prime
    RT @ArkLabsHQ: Two heavyweights in Bitcoin credit join Capital Sessions, Lugano, 21 Oct: Benedikt Koedel, Head of Credit at @sygnumofficial, the world's first regulated digital asset bank. @alexandersblume, CEO of @Two_Prime, institutional Bitcoin strategies and Bitcoin-backed lending.
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  18. Two Prime✓@Two_Prime
    View more details on the Axiom WBTC Yield Vault here:
    Pareto @paretocredit
    Downside protection matters, especially when institutional bitcoin is earning yield. In the Two Prime Credit Vault on Pareto, 150 WBTC of @Two_Prime's own capital sits in first loss. Backed by a clean record across 3,000+ BTC lent.
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  19. Pareto✓@paretocredit
    Downside protection matters, especially when institutional bitcoin is earning yield. In the Two Prime Credit Vault on Pareto, 150 WBTC of @Two_Prime's own capital sits in first loss. Backed by a clean record across 3,000+ BTC lent.
    Download
    3415988
  20. Two Prime✓@Two_Prime
    We've added our final speaker to The Signal: Tim Bowler, Chief Innovation Officer, Fixed Income and Data Services Division at @ICE_Markets. Tim will get into the financing plumbing underneath digital assets, why onchain settles every trade while equities net at the close, and what has to change before either side can use the other. Just one week left to apply:
    Download
    012195
  21. Two Prime✓@Two_Prime
    Two Prime
    RT @bitcoin_yield: Two Prime’s Axiom vault puts WBTC in the flow of institutional Bitcoin lending. What does its first-loss capital actually cover? How do lenders exit? Expected returns? Our research report breaks down the yield, custody, and risks. Out tomorrow.
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