Paris-listed bitcoin treasury company Capital B is working on launching a credit instrument for the European market, according to board director Alexandre Laizet.
Speaking with The Block's Gareth Jenkinson at BTC Prague, Laizet said that the company is focused on launching a bitcoin-backed credit product modeled after Strategy's STRC and Strive's SATA.
"Our role, our responsibility, is to provide for a solution in Europe which is crippled by high taxes, crippled security issues, and old, unadapted regulations for the digital era," Laizet said. "Our laser focus is to provide a digital credit instrument adapted to Europe that could really change the configuration of the markets."
According to Laizet, the upcoming instrument aims to deliver double-digit yields with volatility under two digits, drawing on the company's bitcoin (BTC) holdings as the underlying asset. As of today, Capital B holds 3,139 BTC in its treasury.
During the interview, Laizet expressed confidence that bitcoin treasury companies can deliver such double-digit returns in the age of monetary devaluation.
