TechFlow reported on June 16, citing The Block, that Alexandre Laizet, a director at French listed bitcoin treasury company Capital B, said the company is developing a bitcoin-backed digital credit tool for the European market. The product’s structure is modeled on Strategy’s STRC and Strive’s SATA, with Capital B’s bitcoin treasury serving as the foundation for the planned credit instrument.
A credit product supported by 3,139 BTC
According to Laizet, the tool is backed by the 3,139 BTC currently held by Capital B. Its stated objective is to deliver double-digit yields while maintaining volatility below single digits. The report did not provide an issuance date, detailed terms, distribution plan, or investor eligibility rules, but it identified the product’s underlying support and the company’s intended design direction.
Capital B is described as a French listed bitcoin treasury company. The planned tool is not presented as a simple spot bitcoin trading product. Instead, it uses bitcoin as support for a digital credit instrument. Laizet’s references to Strategy’s STRC and Strive’s SATA indicate the types of existing product models Capital B is using as a framework for its own design.
Focused on constraints in the European market
Laizet said the tool is mainly aimed at Europe, where the market is constrained by high taxes, delayed regulation and security issues. Capital B’s European focus also aligns with its position as a French listed company, placing the product within the context of European investment conditions and the company’s bitcoin reserve strategy.
Capital B is currently listed on Euronext Growth Paris under the ticker ALCPB. Based on the information disclosed so far, the company has not released further details about the bitcoin-backed digital credit tool. The known facts are limited to its development status, referenced models, yield and volatility targets, 3,139 BTC backing, and its intended focus on the European market.