Institutional demand for digital asset yield is intensifying, and the latest industry development underscores just how quickly the landscape is maturing. SEC-registered adviser Two Prime has struck a partnership with staking infrastructure giant Figment, designed to deliver yield opportunities on Bitcoin and more than 40 other crypto protocols to institutional investors. With $1.75 billion in assets under management and one of the industry’s largest Bitcoin lending businesses, Two Prime is positioning itself at the forefront of what many see as the next major growth channel for digital assets: yield generation. This move arrives amid a broader wave of crypto-focused firms innovating ways to monetize Bitcoin—a $2.3 trillion asset class with underutilized potential.

Expanding Institutional Access to Crypto Yield

Through the Figment partnership, Two Prime will broaden access to yield-bearing strategies spanning Bitcoin, Ethereum, Solana, Avalanche, Hyperliquid, and more than 40 additional networks. Figment, best known for powering staking infrastructure across proof-of-stake blockchains, provides the technological backbone that allows institutional-grade exposure to these strategies.

For asset allocators, this agreement represents far more than another product launch. It reflects a growing institutional appetite for returns that extend beyond simple price appreciation. Instead, clients are seeking predictable income streams from digital holdings, a shift that repositions crypto from a speculative bet to a component of broader portfolio construction.

Two Prime’s Expanding Footprint

Two Prime has established itself as a rare institution-grade crypto-native adviser, compliant with U.S. regulatory oversight. Its $1.75 billion AUM includes a robust Bitcoin lending operation, making it one of the largest players in structured Bitcoin yield.

The company’s profile gained further weight in July 2025, when MARA Holdings, one of the world’s largest Bitcoin mining firms, acquired a minority equity stake. That investment not only reinforced Two Prime’s credibility but also increased the volume of Bitcoin entrusted to its platform. For institutional investors, that backing signals growing alignment between miners seeking treasury management solutions and asset managers tasked with generating blockchain-native returns.

Growing Industry Momentum Behind Bitcoin Yield

Two Prime and Figment are not alone in this strategic push. A growing chorus of firms is reimagining Bitcoin’s role in generating yield:

Solv Protocol recently unveiled a structured vault system that fuses decentralized and traditional finance strategies to generate Bitcoin yield.

Bitcoin DeFi startup BOB secured $21 million in venture funding to expand hybrid models designed specifically for BTC yield generation.

Coinbase has launched a Bitcoin Yield Fund targeting non-U.S. institutions, with potential returns reaching 8%, explicitly designed to capture surging investor demand.

Each of these initiatives highlights a similar recognition: the world’s most enduring and liquid cryptocurrency has been largely underleveraged as a yield-generating asset, despite its staggering market capitalization.

Institutional Appetite for Predictable Returns

Why now? The answer lies in the evolving perception of Bitcoin across professional investor circles. Bitcoin’s historic outperformance has long made it attractive to speculative holders, but institutions such as hedge funds, family offices, and asset managers are less interested in “holding forever” and more concerned with portfolio yield optimization.

As Javier Rodríguez-Alarcon, CIO at XBTO, observed earlier this year, Bitcoin’s transition from exotic speculative asset to mature institutional-grade allocation requires financial engineering “that goes beyond simple exposure.” His firm has already collaborated with Arab Bank Switzerland to design structured Bitcoin yield products, including options-based strategies that sell volatility while acquiring coins during market pullbacks—effectively aligning with traditional income-generation practices.

The mainstreaming of such products underscores a profound shift: investors no longer see Bitcoin solely as digital gold but increasingly as an asset capable of producing consistent, risk-adjusted yield.

Corporate Treasury Adoption as a Long-Term Catalyst

Perhaps the strongest signal of Bitcoin yield’s inevitability comes from corporate balance sheets. Public and private entities collectively hold about 1.509 million BTC, according to industry trackers—a staggering inventory ripe for monetization. These holdings, often maintained passively, could become yield-generating reserves under the right stewardship.

For companies managing significant Bitcoin exposures, structured yield opportunities may evolve into standard treasury practices, much like how corporations traditionally manage cash or bond holdings to optimize returns without compromising liquidity.