TechFlow reports that decentralized finance startup Hashnote has partnered with Copper, a cryptocurrency custody firm led by former UK Chancellor of the Exchequer Philip Hammond, to offer its yield-bearing USYC token through Copper.
Hashnote, the first crypto startup incubated by Cumberland Labs, will now make the USYC token available to Copper's approximately 300 institutional and crypto exchange clients. The USYC token is based on reverse repurchase agreements and offers a net yield of around 4.8%. Hashnote CEO Leo Mizuhara emphasized the importance of different tokenized structures.
Earlier report, Noble announced a collaboration with Hashnote to launch USYC, Cosmos' first cross-chain RWA product.
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