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Sygnum Launches BTC Alpha Fund Targeting 8–10% Bitcoin-Paid Yield

Shares can be pledged for U.S. dollar Lombard loans, unlocking liquidity without selling holdings.

Overview

  • Sygnum partnered with Athens-based Starboard Digital to run arbitrage-driven strategies while Sygnum acts as custodian.
  • The Cayman-domiciled fund targets 8–10% net annual returns with distributions made in bitcoin.
  • The vehicle is aimed at professional and institutional investors and offers monthly liquidity under a defined risk framework.
  • The firms have not disclosed the specific arbitrage methods they plan to use.
  • Sygnum cites strong client interest as institutions seek regulated yield options, with research indicating only a small share of bitcoin is engaged in DeFi.