BounceBit has announced the onboarding of its first institutional custodian, HexTrust, to safeguard assets in its Bitcoin yield vaults.
This integration ensures that BTC deposited into BounceBit’s PrimeVault strategies will now benefit from regulated custody, insurance protection, and institutional-grade compliance.
For institutions entering BounceBit, this partnership eliminates one of the biggest barriers: trust. By leveraging HexTrust’s infrastructure, hedge funds and family offices can now deploy capital into BounceBit vaults with added security assurances.
Within 48 hours of launch, institutional deposits into BTC yield products already crossed $120M, highlighting pent-up demand for secure Bitcoin-native yield solutions.
The move is expected to accelerate BounceBit’s adoption curve, especially as more traditional finance players look for crypto yield opportunities without compromising on regulation.
By combining DeFi innovation with institutional safeguards, BounceBit is positioning itself as the bridge between retail DeFi enthusiasts and Wall Street-grade investors.
This is more than a custody deal — it’s a statement of intent that BounceBit is ready to scale into a global financial hub.