Dan Hillery Discusses Bitcoin-Backed Digital Credit and Structured Products

Dan Hillery of UTXO Management explores the growth of the Bitcoin-backed digital credit market, which has reached approximately $16 billion. In the debut episode of The Allocators Edge, he explains the pricing of variable-rate preferred securities like STRC and SATA, the role of buybacks in maintaining their par value, and the distinctions between digital credit and equity risk. Hillery also discusses his structured credit fund, which includes senior and junior tranches.