🍯 NEW BITCOIN PLATFORM TARGETS 2%-4% A new company is trying to build institutional income products around Bitcoin. Nectar Group raised: $5 million to develop a Bitcoin return platform called: HONEYB The funding round valued the company at: & #036;30 million HoneyB plans to launch its first product this quarter, initially targeting institutional investors outside the United States. The goal is repeated: about 2%-4% per year on Bitcoin after financing costs and costs. But the mechanism is important. HoneyB does not generate a return directly from the Bitcoin protocol. Instead, the proposed strategy works something like this: BTC - COLLATERAL Borrow Securecoins against the Bitcoin. Then deploy these stablecoins into income-producing strategies that include assets such as: • US Treasuries - Fixed Income - Credit • Gold Strategies • Options The basic portfolio is designed for around: 10% annual returns before borrowing costs and other expenses. Important: Bitcoin itself does not pay a return. All BTC products carry additional risks. These can include: • Stablecoin risk - Custody risk - Counterparty risk - Strategy performance risk HoneyB risk itself means returns are not guaranteed. However, the development is interesting. Wall Street has spent years building products for: buying bitcoin. The next wave is trying to build financial products around: leveraging Bitcoin as a means of production. @BitcoinNews.

🍯 NEW BITCOIN PLATFORM TARGETS 2%-4% A new company is trying to build institutional income products around Bitcoin. Nectar Group raised: $5 million to develop a Bitcoin return platform called: HONEYB The funding round valued the company at: & #036;30 million HoneyB plans to launch its first product this quarter, initially targeting institutional investors outside the United States. The goal is repeated: about 2%-4% per year on Bitcoin after financing costs and costs. But the mechanism is important. HoneyB does not generate a return directly from the Bitcoin protocol. Instead, the proposed strategy works something like this: BTC - COLLATERAL Borrow Securecoins against the Bitcoin. Then deploy these stablecoins into income-producing strategies that include assets such as: • US Treasuries - Fixed Income - Credit • Gold Strategies • Options The basic portfolio is designed for around: 10% annual returns before borrowing costs and other expenses. Important: Bitcoin itself does not pay a return. All BTC products carry additional risks. These can include: • Stablecoin risk - Custody risk - Counterparty risk - Strategy performance risk HoneyB risk itself means returns are not guaranteed. However, the development is interesting. Wall Street has spent years building products for: buying bitcoin. The next wave is trying to build financial products around: leveraging Bitcoin as a means of production. @BitcoinNews.