FAQ
Frequently asked questions about BB Prime.
What products are available now?
BB Prime currently offers Active Yield products that run a funding rate arbitrage strategy. These strategies use tokenized U.S. Treasuries and money market funds (e.g., BUIDL and BENJI) as collateral to arbitrage perpetual futures funding rates on centralized exchanges.What assets can I deposit?
What assets can I deposit?
Users can currently deposit USDT into BB Prime. This balance can be used to subscribe to available yield products.
What is the minimum investment?
Active Yield products require a $500,000 USDT minimum investment.
Minimum thresholds may vary for future product types
Who holds custody of the assets?
All assets are safeguarded under institutional custody through Standard Chartered Bank, ensuring regulatory-grade security and segregation of funds.
Is BB Prime regulated?
BB Prime integrates with regulated custodians and token issuers (e.g., Franklin Templeton, Standard Chartered) to ensure compliance at the infrastructure level. However, users should ensure personal compliance with local laws.
Can I withdraw my funds at any time?
Withdrawals follow each product's redemption schedule. For Active Yield products, you can submit a redemption request at any time, but fund withdrawals follow a scheduled settlement cycle.Depending on when you make the request, your funds will be returned within 11 to 15 days.
Minimum redemption: $500,000
If your balance is below $500,000, you must redeem the full amount.
Redemptions are not instant and are processed in weekly batches. A redemption fee of 0.1% will be applied to the redeemed amount to cover capital movement and operational costs.
Last updated