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TechFlow reports that Goldfinch, an RWA DeFi lending protocol, has reached an agreement with the defaulting party on a loan restructuring plan. The plan could recover the $5 million loan previously defaulted on by Tugende for its East African motorcycle rental financing project. While specific terms of the agreement have not been disclosed, Michael Wilkerson, co-founder and CEO of Tugende, pledged to provide further details in the coming weeks.
Goldfinch, an RWA DeFi lending protocol, has reached an agreement with the defaulting party on a loan restructuring plan. The plan could recover the $5 million loan related to Tugende's motorcycle leasing financing project in East Africa. While specific terms of the agreement have not been disclosed, Michael Wilkerson, co-founder and CEO of Tugende, pledged to provide further details in the coming weeks.
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