BitGo Expands Custody Support for YLDS, SEC-Registered Yield-Bearing Digital Security

BitGo announced it has expanded its institutional custody platform to support YLDS, an SEC-registered yield-bearing digital security issued by Figure Certificate Company. YLDS can now be held through BitGo Bank & Trust, a federally chartered digital asset trust bank regulated by the Office of the Comptroller of the Currency, offering qualified custody for one of the first blockchain-native fixed-income products registered with the U.S. Securities and Exchange Commission.

YLDS is structured as a tokenized face-amount certificate that accrues yield daily at the Secured Overnight Financing Rate (SOFR) minus 35 basis points. Holders may redeem the security monthly for U.S. dollars or additional YLDS without lock-up periods, maintaining liquidity while earning yield. Institutional clients holding YLDS through BitGo will benefit from qualified custody with institutional-grade security controls and offline key management.