Up to 10% APY on BTC
Put your Bitcoin to work.
Institutional yield strategies for serious holders. BTC native — your funds never leave the Bitcoin chain: no wrapping, no bridging, no protocol risks.

Finally, yield that doesn't demand you hand over control
Custodial products risk handing over your Bitcoin. Yields don't last. Until now, earning yield meant accepting risk and trade-offs you shouldn't.
So what’s the alternative?

The answer is here
Non-custodial Bitcoin yield with Cobault.
Deposit BTC. Earn up to 10% yield. In exchange, we cap your upside on price appreciation.
You maintain custody, earn steady yield, and profit regardless — even at the cap, you're ahead in USD terms.
Full control. Zero credit risk.
While staking, you and Cobault share cryptographic control via trustless multisig vaults. Cobault cannot move your funds unilaterally, eliminating counterparty, credit and custody risk.
Audits in progress
Code to-be open-sourced

Simple. Quick. Transparent.

Open a position for up to 10% APY with a BTC Price Cap and a fixed maturity.

Deposit and wait. Deposited funds are SAFU, secured with multisig.

At maturity, get paid your yield and withdraw your BTC from your vault. Go again to keep earning yield.
Team
By people who’ve built markets.
Decades of banking, trading, technology and blockchain experience — with a global outlook and scope.

Jim Turley
Executive Chair
UK/EU
As global Head of Foreign Exchange and Money Markets and subsequently Head of Institutional Sales Jim has significant front office experience. Uniquely, Jim was also Global Co-Head of Technology & Operations, giving him unique insight into post-trade infrastructure. Jim also has extensive blockchain and digital asset experience as Founding Chairman of Finality (the UK wholesale CBDC) and board member of copper.co

Rashid Hoosenally
Chief Product Officer
UK/EU
Rashid is the Former Head of FX Sales and Global Head of FICC Structuring at Deutsche Bank, leading product innovation and development across the currencies, commodities and fixed income businesses. Rashid has over 6 years of blockchain expertise as co-founder and CEO of Guardian Labs.

Richard McLaren
Chief Operating Officer
APAC
With experience across blockchain and conventional financial markets, Richard led technology for Macquarie Mortgages, moneysupermarket.com and the Microsoft JV NineMSN. He has extensive experience building and supporting derivative pricing, risk and trading systems.

Sergey Nekrasov
Chief Product Officer
USA
Sergey is highly experienced across both cryptography, key management and smart contract deployment on blockchains. He pioneered Guardian’s Universal Policy Engine, that sits at the heart of its Control Layer and underpins Programmable Money and Compliance
Q2 2026
Early access program
Join the waitlist for updates, early access and potential rewards.
Ceiling & payout
Your payout depends on the price ceiling and BTC price at maturity date. Here’s an example:
Your deposit
1 BTC
APY
12%
Maturity period
20 days
BTC price ceiling
120,500 USD
Total yield
0.00658 BTC
If BTC price stays at or below the ceiling...
120,000 USD
If the price stays at or below the ceiling at maturity (after 20 days), you get your yield and deposit back in full.
Deposit
1 BTC
Yield
0.00658 BTC
Total
1.00658 BTC
Net profit
0.00658 BTC
If BTC price goes above the ceiling...
120,000 USD
If the price goes above the ceiling at maturity (after 20 days), you get the full yield in BTC, but deposit value is capped at the ceiling.
Example: BTC hits $120,500 at maturity. Capped deposit:
$120k ÷ $120.5k × 1 = 0.99585 BTC
Deposit (capped)
~0.99585 BTC
Yield
0.00658 BTC
Total
~1.00243 BTC
Net profit
0.00243 BTC