Hermetica has integrated STRCx as a backing asset for USDh, adding direct tokenized exposure to Strategy’s STRC preferred stock.
How STRCx Settles into USDh
STRCx is issued by Backed Assets (JE) Limited, with the corresponding STRC position held through institutional-grade brokerage and custody arrangements. Kraken provides eligible access to xStocks and supports trading and transfer functionality.
Hermetica accesses STRCx through Kraken and integrates it into USDh’s backing. The xStocks framework provides product-level documentation and proof-of-reserves infrastructure for the underlying collateral. STRCx allocations are visible in real time on Hermetica’s Transparency Dashboard and reflected alongside USDh’s broader backing assets in monthly attestations.
Earning from the Bitcoin Yield Curve.
STRC has emerged as one of the most important Bitcoin credit instruments in on-chain markets. Its growth reflects rising demand for Bitcoin-backed corporate credit as both an investable asset and a durable source of yield.
Hermetica recognized this shift early and built yield infrastructure around STRC, enabling allocators to access Bitcoin’s growing yield curve. STRCx strengthens that foundation, adding regulated tokenized issuance and a more direct route to the underlying asset.
The USDh experience remains unchanged: hold USDh to earn from both STRC and BTC basis.
If underwritability is a requirement for your allocation process, request access for the next cohort.
