Welcome to BIMA

Our Mission

Institutions hold large digital asset balances that sit idle. Selling them means giving up the position and triggering a taxable event. Borrowing against them usually means an interest rate that compounds against you, a margin call schedule, and collateral you can no longer see.

Bima takes a different route. It arranges structured financing against digital asset holdings BTC, ETH, BNB and other major assets so that the holder keeps the position, receives capital today, and pays no interest rate on that capital.

The cost is real, but it is not paid in cash. Before anything moves, you agree to a level above which future appreciation is shared. That share of upside is what funds the financing. If the asset never reaches that level, the capital cost is nothing at all.

Deposits are made into a dedicated vault operated by Accountable, and placed with FalconX, the institutional prime broker that provides the capital. Both counterparties are named in writing before you deposit, and both are regulated entities you can diligence yourself.

Tri-Party Foundation

Party	Role
Accountable	Vault infrastructure. Operates the vault your deposit is made into, with the controls, verification and reporting institutions require.
FalconX	Prime broker and capital. Holds the deposited assets and provides the capital released against them. A CFTC-registered swap dealer and MFSA-licensed crypto-asset service provider.
Bima	Arranger and administrator. Structures the terms, runs the derivative leg that makes 0% possible, and administers the programme end to end.

Read more on Counterparty Framework.

Assets are deposited into an Accountable vault, placed with FalconX, and capital is released to you.

How it works

The five stages of a Bima programme, from deposit to settlement.

1

Deposit

Assets are deposited into a dedicated Accountable vault, then placed with FalconX.

2

Terms fixed

The amount, term, protection level, and upside-sharing level are agreed and documented before capital moves.

3

Capital released

FalconX releases capital against the deposit. Deploy it, lend it onward, or hold it as needed.

4

Term runs

There are no monthly payments, rate resets, or additional collateral calls. Terms remain fixed throughout the program.

5

Settlement

At maturity, the position settles according to the original terms. Start a new term or close the program and release the position.

For the mechanics behind each step, see Collar Structure

What it gives you

• Liquidity without selling. Access capital against your holdings while keeping the position and avoiding a disposal.

• Named counterparties. Assets sit with an institutional prime broker under purpose-built vault infrastructure not with Bima, and not in an arrangement you cannot inspect.

• Fixed outcomes. Every term is agreed upon and documented before capital moves. No revisions partway through, no surprise collateral calls.

• A lending business, not just liquidity. The released capital can fund a lending desk of your own set your rate, keep the spread. Yen programs supported for Japan-based books.

What Bima is not

Being clear about the boundaries is part of the product:

• This is not a free loan. You are exchanging some future upside for capital today. If the asset runs far past the agreed level, you would have done better simply holding it. See The Trade-Off

• The protection level is not a guarantee. Falls below it remain your exposure.