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Home/Markets/Mezo Launches Institutional Bitcoin Yield Vaults
VERIFIEDBy Xavier Rivera· ·1 min read

Mezo Launches Institutional Bitcoin Yield Vaults

Mezo launches Mezo Prime, bitcoin yield vaults with Anchorage Digital custody, backed and seeded by Bullish. The product highlights institutions' push to generate returns on idle BTC holdings without added risks.

Source:CoinDesk
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Mezo Launches Institutional Bitcoin Yield Vaults
TL;DRAI · 60 sec read

Mezo launches Mezo Prime, segregated bitcoin yield vaults with custody from Anchorage Digital Bank. Institutions earn yield on bitcoin without DeFi risks. Bullish backs it with 250 BTC and deploys treasury funds. Bitcoin in Enclaves locks for protocol fees or serves as collateral to borrow MUSD stablecoin without rehypothecation. This meets institutional demand for asset segregation, reporting and risk controls.

Mezo unveils Mezo Prime, segregated bitcoin yield vaults offering custody through Anchorage Digital Bank. The product, announced Wednesday, allows institutions to earn yield on bitcoin holdings without DeFi-style risks.

Bullish provides 250 BTC ($19.4 million) in backing and deploys part of its treasury into the vaults while maintaining its custody framework. Bitcoin in the vaults, called Enclaves, can be locked to earn protocol fees or used as collateral to borrow MUSD, a bitcoin-backed stablecoin, without rehypothecation.

Enclaves address institutional needs for asset segregation, reporting and risk controls, according to Mezo. The launch reflects growing demand to treat bitcoin as a productive asset rather than a passive store of value.
This trend draws on bitcoin-native infrastructure like Rootstock and Babylon for lending and borrowing within the Bitcoin ecosystem. Institutional adoption of such yield products remains early, with relatively low yields compared to other crypto assets.
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