Maple Finance Launches Bitcoin (BTC) Linked Yield Product for Institutions

JH Kim

Summary

Maple Finance has announced the launch of a new Bitcoin-linked derivative product for institutional clients.
This product is structured to purchase Bitcoin call options using collateralized crypto loan yields.
It requires a minimum purchase of 100,000 USDC and offers protection against Bitcoin's bearish trends and exposure effects.

According to Cointelegraph, a cryptocurrency-focused media outlet, the crypto lending protocol Maple Finance has launched a new derivative product to cater to the digital asset demands of institutional clients.

This product involves purchasing Bitcoin (BTC) call options using collateralized crypto loan yields.

Designed for institutional investors purchasing a minimum of 100,000 USDC, it offers downside protection against Bitcoin's bearish trends and provides Bitcoin exposure.

BTC

USDC

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.

Maple Finance Launches Bitcoin (BTC) Linked Yield Product for Institutions

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