Hilbert Xapo Byzantine BTC Credit Fund
Conservative Bitcoin credit yield strategy lending only to tier‑1 institutions, with short durations, high diversification, and no DeFi exposure.
Strategy Highlights
Structured lending, real‑economy use‑cases
Bilateral, revolving, and settlement loans tied to concrete needs: ETF creation/redemption, prime broking, and liquidity management.
Tier‑1 borrower focus
Credit risk is principally managed by restricting loans to tier‑1 institutions (e.g., public companies with strong core businesses where crypto is non‑core). Short loan durations and high borrower diversification further reduce concentration risk.
Scale & access via Xapo Bank
Investors access a large, actively managed Bitcoin yield programme supported by Xapo Bank (est. 2013, bank & VASP licenses, deep Bitcoin security specialisation).
Conservative mandate
No leverage, no DeFi lending, and cold‑wallet custody.
Key Information
|
Launch Date |
15 Sept 2024 |
Liquidity |
Monthly (30‑day notice) |
|
Description |
Structured Credit Fund |
Minimum Investment |
2 BTC |
|
Current Net Yield |
2.94% (informational figure) |
Leverage |
1× cap (fund does not use leverage) |
|
Investment Vehicle |
Cayman Fund, Cold Wallet |
Access |
Xapo account required |
Why Hilbert Xapo Byzantine BTC Credit Fund?
It targets a net annual yield of 3.5–5% by building an actively managed, diversified portfolio of high‑quality, scalable Bitcoin lending opportunities. Lending solutions span bilateral arrangements, revolving facilities, and settlement loans that support ETF create/redeem activity, trading strategies, prime broking, and liquidity management.
The fund is supported by Xapo Bank, providing advantaged access to lending opportunities and institutional‑grade infrastructure.
This page is informational only and not an offer or solicitation. Distribution is intended for professional investors; please refer to the relevant Private Placement Memorandum and risk factors before investing.
Frequently Asked Questions
Q: Who is this strategy for?
Professional and institutional investors seeking conservative BTC yield with institutional credit standards and operational oversight.
Q: How does it work?
The fund makes short‑duration, structured BTC loans (bilateral/revolving/settlement) to tier‑1 borrowers, diversifies across counterparties, and does not use leverage or DeFi, with cold‑wallet custody and monthly liquidity.
Q: What are the risks?
Credit/counterparty risk, liquidity and operational risks remain; investments are speculative and may be illiquid or restricted in transferability. Past performance is not indicative of future results.