24.03.2024 / News

Komainu introduces custody support for Hashnote’s USYC

Komainu, a regulated digital asset custody service provider built by institutions for institutions, announces custody support for USYC, created by Hashnote, the on-chain first digital asset manager  built with the support of Cumberland and DRW.

The partnership will enable Hashnote’s USYC to be held in custody by Komainu, offering elevated capital efficiency for institutions.

USYC is designed to generate yield from traditional instruments like US Treasury Bills, repurchase (repo), and reverse repurchase (reverse-repo) agreements. It aims to deliver tokenized short-term returns, leveraging the benefits of rapid on-chain transaction speed, transparency, and composability. Read more about Hashnote and USYC here: USYC | Hashnote

To find out more about our custodial services and the breadth of our asset support, get in touch with the team.

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