You've been trading on Fomo, your PnL is up. But now you want to park your gains somewhere they earn a stable, consistent yield.

Private credit grew from roughly $2 trillion in 2020 to $3.5 trillion today, the fastest growing asset class of the cycle. Banks retreated from middle market lending after 2008, and private credit funds filled a real gap: businesses needed capital, investors needed yield, and no adequate market existed to connect them.

Flow Traders, one of the world's leading global trading firms, is now borrowing stablecoins through Cap to facilitate its digital asset market-making operations.

Quarterly Investor Report

Cap investor update for Q1 2026

Bedrock is one of Cap's most active delegators as well as one of its operators. CEO Zhuling Chen explains why covered credit is the yield infrastructure Bitcoin capital has been waiting for.