Mezo Launches Mezo Prime as Bullish Deploys 250 BTC Into Yield Vaults

Key Takeaways:

• Mezo and Anchorage Digital Bank launched Mezo Prime to supply bitcoin output to firm treasuries.
• Over 1,000,000 bitcoin presently sitting idle successful custody tin present entree protocol output without commingling.
• Bullish has deployed 250 BTC arsenic the debut customer, signaling a displacement successful organization treasury management.

Bridging the Gap for Corporate Treasuries

Bitcoin‑native concern level Mezo has launched a merchandise aimed astatine giving organization holders and firm treasuries entree to output and lending opportunities. The level is built with Anchorage Digital Bank, the archetypal federally chartered integer plus slope successful the U.S., and debuts with Bullish arsenic its archetypal customer.

Known arsenic Mezo Prime, the merchandise introduces segregated vaults, qualified custody, and protocol‑based yield, addressing a spread for firms that person struggled to enactment bitcoin holdings to enactment successful enactment with organization standards.

“Over a cardinal Bitcoin sits connected firm equilibrium sheets today, and astir nary of it is working,” said Matt Luongo, Mezo co‑founder and CEO of Thesis. “Mezo Prime changes that. Segregated custody done Anchorage Digital Bank, nary rehypothecation, existent output from protocol activity. We built this for CFOs and treasury teams who already ain the plus and are acceptable to enactment it to enactment however they choose.”

At the halfway of the merchandise are Enclaves—segregated bitcoin vaults isolated per depositor, with custody provided by Anchorage Digital Bank. Assets tin beryllium locked arsenic veBTC to gain protocol fees oregon utilized arsenic collateral for borrowing MUSD, Mezo’s Bitcoin‑backed stablecoin.

“Institutions privation to bash much with their Bitcoin, but not astatine the disbursal of information and control,” said Nathan McCauley, Anchorage Digital co‑founder and CEO. “Mezo Prime delivers some secure, segregated custody and nonstop entree to onchain output successful 1 platform.”

Bullish, a publically listed organization integer plus platform, is the archetypal to participate. The institution has deployed 250 BTC from its firm treasury into Mezo Prime portion maintaining custody and compliance done Anchorage Digital.

“ Bullish was built connected the content that organization standards and integer plus information aren’t successful conflict, and we’re delighted to enactment with Mezo arsenic a motorboat customer,” said Tarun Kapoor, vice president astatine Bullish. “Their veBTC plan is simply a large illustration of that doctrine successful practice—mitigating smart contract hazard and keeping the underlying BTC secure.”