BVNK its clients the ability to allocate cryptocurrencies to earn yield, benefiting from the underlying technology of ClearLoop, Copper’s unique instant settlement trading network.
Through the BVNK banking platform, clients can bridge between fiat currencies and digital assets to manage payments, yield, trading and custody.
With deposits starting at a minimum of USD50,000, BVNK’s flagship Yield service enables businesses to generate returns that typically range between 4 per cent and 8 per cent APY in USD Coin (USDC) and Tether (USDT). BVNK Yield is delivered via the largest and best-positioned institutional lending desks in the industry and entails no direct exposure to the volatility of cryptocurrency markets.
Integrating Copper’s ClearLoop technology into BVNK Yield means that BVNK clients can deploy digital assets to lending counterparties to earn returns without them ever leaving the protection of Copper’s custody. This not only diminishes counterparty and settlement risk but also allows for instant completion of transactions and access to funds.
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