Vesto’s Corporate Treasury Product
Watch your money grow
Earn market leading yield and transact simultaneously.
Built on Vesto's infrastructure, our corporate treasury product converts fiat
into USDC for low-risk, high-yield returns via CeFi.
While earning yield on initial deposits, customers can use equivalent
tokens to transact easily on the blockchain.
How it works
Before Vesto
Customer deposits fiat into bank. For a nominal fee, bank keeps money secure.
Bank then holds onto money and generates profits by reinvesting deposited funds.
Deposit is parked and customer cannot use it to transact.
With Vesto
Customer sends fiat to Vesto platform and Vesto converts into USDC.
Vesto mints equivalent tokens into secure multi-sig wallet and deposits underlying USDC into CeFi to earn high yield.
Customer can transact on the blockchain with equivalent tokens, while their initial deposit continues to earn yield.
Our trusted partners offer higher yields* than traditional markets.
* Lending options range from open (instant liquidity) to locked term, with higher yields for longer term periods and larger deposit amounts.
Why Vesto?
Provide corporate treasury to your customer with your branding.
White label our infrastructure and start your corporate treasury journey today.
FAQs
After linking your bank account with Plaid (via the Vesto app) and sending funds via wire or ACH, Vesto utilizes Circle to convert fiat to USDC on Ethereum or Polygon. Then Vesto deposits USDC into CeFi. It’s that simple.
Vesto mints yield tokens on the blockchain that go into your Vesto wallet on Ethereum or Polygon, allowing you to track your immutable transactions. The Vesto wallet is easily accessible via the Vesto mobile app or website. Yield is paid out monthly.
Vesto has multiple industry-leading lending partners that provide asset management and investment services. If you want to know more about our lending partners please contact us at info@vesto.io.
Vesto’s Platform can support both CeFi and DeFi investments and transactions using multiple crypto coins and tokens. Vesto's Corporate Treasury Product, however, exclusively uses USDC Stablecoins and CeFi investments in order to best meet our corporate clients’ investment stability, security, yield and compliance requirements. Our CeFi does allow access to permissioned decentralized credit pools.
An equivalent token is a digital asset that represents another asset, that has been "wrapped" or packaged in a way that makes it compatible to use on distributed ledger technologies (blockchain). The process of wrapping a token involves locking the original asset in a smart contract, which then issues an equivalent token on the blockchain.
Recent problems with algorithmic “stablecoins” further highlight the need for regulated cryptocurrency tokens, which is why Vesto has chosen to use USDC exclusively.
Vesto has a direct relationship with Circle and can convert fiat into USDC and vice versa, instantly.
Most yield is generated when our partners lend your deposit out (mostly to institutional borrowers), earn yield on that loan, and then pass the yield back to you.
Vesto and our partners utilize multiple risk management frameworks and the highest standards to minimize risks. Please inquire at info@vesto.io for full risk management policies.
Please click below or reach out to info@vesto.io to begin the quick and easy onboarding process with Vesto today!