# Institutions seeking capital efficiency without selling crypto

Public companies and funds often hold Bitcoin or ETH as part of their treasury strategy—but currently lack compliant ways to unlock yield without selling or off-ramping. Spout enables these institutions to use their crypto as collateral and gain exposure to traditional fixed income products on-chain.

By depositing crypto into smart contract vaults, institutions can earn stable TradFi yield while retaining upside exposure to their native assets. With Spout’s privacy features and regulatory infrastructure, these strategies can be executed securely, transparently, and without revealing sensitive position data.