Crypto startup backed by OpenAI CEO Sam Altman launches Bitcoin (BTC) private credit fund with 5% yield

“A thriving Bitcoin economy is inevitable, but strong capital markets are essential to realize this future and maximize its potential,” said Zac Townsend, co-founder and CEO of While Group, in a press release. “This private credit fund offers unparalleled potential for institutional investors to seize unique opportunities to leverage the value of their BTC holdings to achieve optimized returns without compromising ownership.”