Gain Exposure to US Real Estate-Backed Lending with Reah Treasury

We're adding a new real-world asset strategy to Reah Treasury that allows eligible businesses to gain exposure to PRIME, a tokenized strategy by Hastra linked primarily to US home equity lending. Exposure is provided through a USDC vault managed by Ground on the Tempo network.

For businesses operating in and outside of the US, access to this part of the US credit market has traditionally meant navigating separate investment platforms, institutional requirements and unfamiliar operational processes. Now, eligible Reah customers can explore that exposure from the same account they use to manage their banking, payments and other treasury strategies.

A different source of yield for business reserves

Many global businesses hold dollars and dollar stablecoins to pay suppliers, cover expenses and manage operations. Not every balance needs to stay in the same type of treasury strategy.

Short-term Treasuries and money-market products derive returns from different sources than private credit. US home equity lending is tied to interest paid on loans secured by residential property. It offers a different source of potential return, alongside different risks, including borrower defaults, property market conditions and changes in the value of the underlying loans.

PRIME provides exposure to a pool consisting primarily of home equity lines of credit (HELOCs), alongside cash-equivalent assets. Rather than holding individual mortgages, vault participants gain exposure through the tokenized PRIME structure. Returns are variable and depend on factors including lending demand and pool utilization.

How the PRIME USDC vault works

PRIME is a yield-bearing token minted through Hastra, a DeFi protocol developed in partnership with Figure and the Provenance Foundation, and earns from a pool of home equity loans on the Prime marketplace from Figure. This is the connection to the real-world lending activity: homeowners borrow against their property equity, and the lending pool provides exposure to interest paid on those loans, subject to credit and housing-market risks.

How the integration works across all partners:

• Homeowners take out home equity loans on the Prime lending marketplace from Figure. The interest on the loans is the source of the yield. ****

• Hastra mints PRIME, a yield-bearing token that earns from a pool of those loans.

• Tempo provides the network and vault infrastructure that supports the strategy, including liquidity mechanisms for redemptions when liquidity is available.

• Ground deploys and manages the PRIME vault on Tempo.

• Reah makes the vault accessible within Treasury, alongside customers' existing balances, workflows and account controls.

“On Reah, a business or an agent can move reserves into the Figure PRIME vault from the same Treasury account it uses for payments. Ground deploys and runs the vault on Tempo, so Reah integrated with a single product instead of setting up a relationship with a fund or building its own vault infrastructure. And Ground makes it simple to add any other yield source that Reah’s customers might want.”

- Reid Cuming, CEO, Ground

“Tempo provides the infrastructure that connects real-world lending to the way businesses actually manage money. With Figure PRIME, Reah is expanding its offering to include yield backed by real-world home equity lending, giving businesses access to a new asset through the accounts they already provide.”

— Josh Itzkovitz, GTM, Tempo

“We’re very excited to bring more opportunities for global businesses to access tokenized real-world assets that would otherwise be reserved for institutional investors. Offering exposure to US real estate-backed private credit to our customers directly on Reah is a significant expansion of our treasury offering, and we're proud to work alongside teams like Ground, Tempo, and Figure who share our vision for bringing these assets into mainstream business finance.”

— Jacob Margulies, Co-founder, Reah

Available in Reah Treasury

Eligible customers can find the Figure PRIME vault in the Treasury section of the Reah platform and follow the in-product deposit flow using supported stablecoins. Their vault position sits alongside other treasury strategies, with Reah's existing approval policies and transaction visibility.

This strategy is intended for reserves that a business does not need for near-term operating expenses. It is not a bank deposit, principal can be lost, and returns are not guaranteed. Redemption timing depends on the underlying product and available liquidity; it should not be treated as instantly available operating cash.

About Ground

Ground is the cash management layer for stablecoins. Through a single API, neobanks, payment companies, wallets, and treasury platforms can offer yield on stablecoin balances, using tokenized funds and other yield sources from established managers. Ground handles deploying and running each strategy, along with risk controls, reporting, and making it easy to take a fee so platforms can add new yield products without building the infrastructure themselves.

Ground is backed by Bain Capital Crypto and ParaFi. Follow us on X and LinkedIn.

About Tempo

Tempo is a Layer 1 blockchain purpose-built for stablecoin financial products, incubated by Stripe and Paradigm. It gives businesses and developers a programmable settlement layer for stablecoins, so they can move money with the speed, predictability, and privacy controls enterprises need. Tempo was designed with category-defining fintechs, banks, and commerce platforms to meet the needs of the businesses that run the global economy. Learn more at tempo.xyz.

About Reah

Reah is a finance platform for global businesses operating in fiat and stablecoins. Most international businesses run their money across separate banks, digital asset wallet and card providers, and spreadsheets. Reah replaces that patchwork by offering multi-currency business accounts, self-custody wallets, Treasury with tokenized US assets and other yield strategies, international payment workflows, Visa corporate cards and operational automation - all in one place.