Dubai-based yield protocol Multipli has launched its institutional-grade Bitcoin (CRYPTO: BTC) yield product, adding to its growing suite of offerings and attracting millions in capital within minutes of going live.
The platform’s Bitcoin product delivers up to 8% annual yield through cash-and-carry arbitrage strategies, bypassing high-risk lending practices.
The Bitcoin launch follows rapid growth in Multipli’s stablecoin vaults, which have reached nearly $100 million in total value locked (TVL) just seven weeks after launch.
Multipli’s approach has resonated with crypto-native funds and family offices seeking sustainable, market-driven returns.
Multipli’s yield strategies, which mirror conservative …