The Frictionless BTC Yielding Money Market Fund is a pioneering investment product designed to integrate Bitcoin (BTC) into corporate balance sheets while maintaining the security and stability of traditional money market funds (MMFs). This fund provides a new way for businesses and institutional investors to accumulate Bitcoin gradually, through a daily yield generated by underlying Money Market Funds.
Key Highlights:
- Daily Yield in Bitcoin: Instead of traditional fiat currencies, the yield is accumulated in BTC, giving businesses a seamless, low-risk exposure to Bitcoin.
- Optimized Dollar-Cost Averaging: The fund applies a strategy akin to dollar-cost averaging, reducing the need for precise market timing while offering gradual BTC accumulation.
- Principal-Preserved: Investors enjoy the safety of traditional money market instruments while adding Bitcoin’s growth potential to their portfolio.
- Institutional Custody: Bitcoin is safely stored with Coinbase Custody, ensuring robust security with independent Proof-of-Reserve via Chainlink.
- Institutional Access: Designed for professional investors, offering a regulatory-compliant and tax-efficient solution under Luxembourg’s Financial Collateral Act.
Why Bitcoin?
Bitcoin has consistently proven to be the best-performing alternative asset, significantly outpacing all other asset classes. It is sovereign, politically neutral, scarce, and designed with an inherently egalitarian and fair structure. By incorporating Bitcoin into their balance sheet through the Frictionless BTC Yielding MMF, investors can unlock the tremendous upside potential of Bitcoin without directly holding the asset, dealing with its typical complexities or exposing working capital from their balance sheet to the volatility of Bitcoin.
This fund offers a chance to leverage the risk-free rate of a money market fund while taking advantage of Bitcoin’s growth potential, making it a superior alternative to traditional asset classes like the S&P Index.
Bitcoin for Business
This strategy marks a first in capital markets—a safe and legal instrument in the form of a registered security fully backed 1:1 with Bitcoin custodied at Coinbase Custody, that allows corporate treasurers, CFOs, and business owners to add Bitcoin to their balance sheets without having to worry about:
- Market Timing
- Exposing working capital to Bitcoin's volatility
- Navigating complex tech jargon, wallets, or custody challenges
The Frictionless BTC Yielding Money Market Fund is designed to help businesses integrate Bitcoin safely, smoothly, and effectively into their capital appreciation strategies. Now, every business has access to a principal preserving, stable, and predictable method of Bitcoin accumulation, transforming balance sheets without compromising on risk.
It's Bitcoin for Business—the Frictionless future of finance, now within reach for every forward-thinking company!
How to Participate
The Frictionless BTC Yielding Money Market Fund is open to professional clients, and participating can not be simpler.
- Open a Frictionless account with your one-time OnChain ID approval.
- Deploy into the Frictionless Institutional Cash Fund (Frictionless supports HKD, JPY, GBP, USD, EUR and stables such as USDC)
- Daily yield accumulates in your account each day, the Frictionless BTC Yielding Money Market Fund strategy automatically takes the dollar yield and via our optimized dollar-cost-averaging strategy invests into Bitcoin at the best time of each distribution day.
- The Bitcoin is custodied with Coinbase Custody in a segregated wallet for each Investor with independent Proof-of-Reserve via industry leader Chainlink.
- The invested principal in the Frictionless Institutional Cash Fund can be withdrawn anytime, increased, or decreased just like any money market fund.
- You can hodl your Bitcoin to maximise the long-term outsized performance or sell whenever you want, it's never been easier to outsize the returns for your cash.
The strategy is set to launch on October 23, 2024, with yields starting to accumulate from October 24, 2024. This innovative solution presents a low-risk, high-reward way for companies to integrate Bitcoin into their balance sheets.
Register on the platform or speak to institutional sales at Frictionless