TechFlow news — On March 6, according to CoinDesk, crypto asset management firm and ETF provider Bitwise has entered the decentralized finance (DeFi) space for the first time through a collaboration with on-chain credit specialist Maple Finance.
The investment amount, which was not disclosed, leveraged Maple’s bitcoin-collateralized lending product. This move marks a significant milestone in on-chain credit adoption by institutional allocators, said Sid Powell, CEO of Maple Finance. Maple’s bitcoin-collateralized lending product is currently available to qualified U.S. investors.
As digital versions of real-world assets (RWA) become standard components of traditional finance, companies are seeking opportunities beyond tokenized Treasury bills—especially amid declining interest rates and rising DeFi yields.
"In this environment, the yield from bitcoin-collateralized loans is a product that doesn't yet exist in traditional finance," Powell said in an interview. "Maple packages this yield in a way that's acceptable to institutional asset managers."
