On-chain private credit platform Credbull partners with Plume to launch LiquidStone, new liquid high yield solutions offered only on the Plume Network’s platform.

According to Credbull’s release, LiquidStone’s asset structure will be diversified across on-chain liquid assets, collateralized on-chain lending, and high-yielding trade financing solutions.

Initial Phase and Expansion

For the first phase of the launch, Credbull will begin the expansion with an asset capacity of $100 million as well as a 30-day 10% annual percentage yield (APY) product accompanied by redemption features.

The initial launch will be followed by another rollout in the first quarter of 2025, introducing a 90-Day 15% APY product with monthly APY distribution, ultimately expanding the asset capacity to $500 million.

Integration and Collaboration

LiquidStone is built upon the initial plans of Credbull, Plume, and Centrifuge to integrate more premium assets into the Plume ecosystem.

The expansion reflects Credbull’s commitment to provide “innovative and high-quality private credit products to the DeFi space,” said CEO of Credbull, Jason Dehni.

“By leveraging Plume’s network and its innovative approach to RWAfi, we offer our on-chain structured finance solutions with enhanced efficiency and accessibility,” added Dehni.

Exclusive Rewards and Platform

Additionally, Credbull will offer rewards specifically designed for Plume’s RWAfi ecosystem. Plume’s platform will serve as the exclusive venue for LiquidStone.

CEO of Plume Network, Chris Yin, emphasized that Plume’s ecosystem was created to accommodate RWAfi. The blockchain aims to simplify and enhance liquidity for the real-world asset industry.

“We are furthering our mission to drive innovation and efficiency in the DeFi space while supporting the broader adoption of on-chain funds through Centrifuge,” stated Yin.

Future Prospects and Impact

In May 2024, Credbull’s Jason Dehni highlighted in an interview that he believes RWA tokenization is a “transformative force.”

Dehni added that asset tokenization has the potential to significantly alter global economics, reduce economic disparity, and lower investment barriers. He also claims RWA can open the door to previously inaccessible assets, which would benefit people living in developing countries.

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