RWA Platform Credbull Rolls Out Up to $500M Private Credit Fund with Fixed High Yield on Plume Network
Briefly

from Coindesk5 months ago
Credbull's LiquidStone aims to revolutionize private credit by providing fixed yields on high-quality liquid assets, catering to both retail and institutional investors.
Coindeskhttps://www.coindesk.com/business/2024/10/03/rwa-platform-credbull-rolls-out-up-to-500m-private-credit-fund-with-fixed-high-yield-on-plume-network/
With an initial cap of $100 million, LiquidStone offers a 10% annualized yield over 30 days, extended to 15% for a broader rollout in 2025.
Coindeskhttps://www.coindesk.com/business/2024/10/03/rwa-platform-credbull-rolls-out-up-to-500m-private-credit-fund-with-fixed-high-yield-on-plume-network/
Credbull's initiative marks a significant step in the tokenization of traditional financial instruments, aiming for improved efficiency and transparency in private credit.
Coindeskhttps://www.coindesk.com/business/2024/10/03/rwa-platform-credbull-rolls-out-up-to-500m-private-credit-fund-with-fixed-high-yield-on-plume-network/
Despite being valued at $9 billion, the blockchain-based private credit market remains small compared to the traditional finance sector, which exceeds $2 trillion.
Coindeskhttps://www.coindesk.com/business/2024/10/03/rwa-platform-credbull-rolls-out-up-to-500m-private-credit-fund-with-fixed-high-yield-on-plume-network/
Read at Coindesk
#credbull #liquidstone #decentralized-finance #private-credit #blockchain
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