Xapo Bank and Hilbert Group Launch Bitcoin Yield Hedge Fund with $175M Initial Investment
We are thrilled to announce a groundbreaking partnership between Xapo Bank and Hilbert Group, uniting to launch the Xapo Byzantine BTC Credit Fund—a Bitcoin-denominated structured credit fund that brings institutional-grade yield to Bitcoin holders. This fund has secured an initial investment of 3,000 BTC (approximately $175 million), and is scheduled to launch globally, subject to regulatory approval, starting January 1, 2025.
With Hilbert Group’s extensive experience in the digital asset hedge fund space, we believe they are the ideal partner to help bring this innovative product to market. This collaboration represents a milestone in our ongoing mission to offer Xapo Bank members innovative and unprecedented investment opportunities in the Bitcoin space.
A New Era of Bitcoin Investment Opportunities
At Xapo Bank, Bitcoin is not just a technology—it’s a key pillar of our long-term strategy and identity. Since our inception, we have believed in Bitcoin’s potential as a store of value, and we have worked relentlessly to provide our members with the most secure means of storing, transacting, and now growing their Bitcoin wealth. Our focus has been on providing products that combine security with innovation, and this fund takes that commitment to the next level.
Bitcoin, much like gold, has long been recognized as a store of value. However, just like securely storing gold comes with costs, holding Bitcoin has often been seen as a cost center. Our new fund turns this paradigm on its head by offering investors a way to earn a consistent, risk-adjusted yield on their Bitcoin through an expertly managed, BTC-denominated structured credit product.
Why This Matters
Scheduled to officially launch in early 2025, this hedge fund represents more than just another product. It is a testament to our commitment to providing our members with access to innovative and unprecedented investment opportunities. By partnering with Hilbert Group, we are combining our years of success in Bitcoin allocation with their operational excellence and proven track record in digital asset fund management. Together, we’re delivering a secure, institutional-grade yield product that opens up new horizons for Bitcoin holders.
This collaboration ensures that Xapo Bank members benefit from world-class asset management services, with the highest standards of security, while continuing to unlock the value of their Bitcoin holdings.
Diversified Exposure Beyond Traditional Offerings
While numerous Bitcoin investment options exist today—ranging from simple tracking funds to active trading strategies—our new fund offers something truly unique. It provides investors with access to structured credit deals, deals that Xapo Bank has developed expertise in and successfully executed in the past. These sophisticated credit instruments are typically out of reach for individual investors but will now be available to our clients, offering them the chance to diversify and grow their portfolios in new and meaningful ways.
Joey Garcia, Director of Xapo Bank, commented, “We’re excited to see the relationship with Hilbert develop and to already have this cornerstone commitment before even taking the fund to market. It clearly shows the appetite for secure BTC yield options, and we’re eager to bring this to our global clients.”
At Xapo Bank, we’re committed to offering products that transcend the basics. Our collaboration with Hilbert Group highlights our dedication to innovation and our relentless pursuit of delivering exceptional value to our members. This fund allows us to extend Xapo Bank’s investment expertise to structured credit deals within the Bitcoin space, empowering our members to further unlock the potential of their Bitcoin holdings.
Looking Ahead: The Future of Bitcoin Wealth
The launch of the Xapo Byzantine BTC Credit Fund is a significant milestone in Xapo Bank’s evolution. We are proud to continue building an ecosystem that not only safeguards Bitcoin but also enables it to generate yield opportunities for our members.
As we continue to leverage our experience and expertise in the Bitcoin space, Xapo Bank is committed to exploring more sophisticated, secure, and lucrative avenues for our members to grow their Bitcoin wealth. This partnership with Hilbert Group is just the beginning, and we are excited about the possibilities this fund will unlock.
We invite our members to stay tuned for further updates and innovations as we remain focused on delivering world-class financial products tailored for Bitcoin holders.
