On July 22, 2026, digital asset investment manager Annamite Capital launched an institutional Bitcoin treasury management platform. Founded by Tom Geary and Lucas Gaylord, the firm says the platform is designed to help publicly traded Bitcoin holders seek BTC-denominated returns from treasury holdings. Through customized Separately Managed Accounts, clients retain legal ownership of their Bitcoin while assets remain with qualified custodians or in approved tri-party arrangements. Annamite Capital says delegated trading authority and off-exchange settlement infrastructure materially reduce exchange counterparty risk.
Annamite Capital platform launch
- ▪The Annamite Capital platform is available globally to qualified institutional investors.
- ▪On July 22, 2026, Annamite Capital launched an institutional Bitcoin treasury management platform designed for publicly traded Bitcoin holders.
Corporate Bitcoin treasury evolution
- ▪Tom Geary, Co-Founder of Annamite Capital, stated that corporate Bitcoin adoption has entered a new phase, comparing it to 1990s insurance firms turning balance sheets into professionally managed portfolios.
- ▪Annamite Capital said that, as digital asset treasury companies have successfully accumulated Bitcoin and other digital assets, their next challenge is transforming those holdings into productive assets and improving yield generation.
Separately Managed Account structure
- ▪Annamite Capital's platform utilizes customized Separately Managed Accounts where clients retain legal ownership of their Bitcoin while gaining exposure to a yield program.
- ▪The Separately Managed Account mandates are bespoke to meet each client's specific risk, return, liquidity, and treasury objectives.
Multi-manager market-neutral yield strategies
- ▪The platform seeks to generate Bitcoin-denominated returns through a diversified portfolio of specialist market-neutral investment strategies, including arbitrage and quantitative trading.
- ▪While initially focused on Bitcoin, the platform also supports customized treasury mandates for other digital assets, including Ether and XRP.
Custody ownership retention model
- ▪Under the Separately Managed Account structure, client assets remain with qualified custodians or in approved tri-party arrangements.
- ▪Annamite Capital said trading activity occurs through delegated authority and off-exchange settlement infrastructure, which it says materially reduces exchange counterparty risk.
Annamite Capital founding team
- ▪Annamite Capital was founded by executives from firms including Citadel, UBS, Brevan Howard, Cambridge Associates, Morgan Stanley, and ConsenSys.
- ▪Annamite Capital was founded by Tom Geary and Lucas Gaylord.
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