Credbull and Plume to launch new RWA liquid solutions Liquidstone

On-chain private lending platform Credbull is partnering with Plume to launch LiquidStone, new liquid high-yield solutions available exclusively on the Plume Network platform.

According to Credbull, LiquidStone’s asset structure will be diversified across on-chain liquid assets, secured on-chain loans and high-yield trade finance solutions.

In the first phase of the launch, Credbull will begin the expansion with a 30-day 10% annual return product with $100 million in asset capacity as well as redemption features.

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

LiquidStone builds on Credbull, Plume, and Centrifuge’s initial plans to integrate more premium assets into the Plume ecosystem.

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

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

Additionally, Credbull will also offer rewards specifically designed to fit within Plume’s RWAfi ecosystem. Plume’s platform will serve as a dedicated venue for LiquidStone.

Plume Network CEO Chris Yin states that the Plume ecosystem is designed to accommodate RWAfi. Blockchain aims to simplify and improve liquidity for the real-world asset industry.

“As we support broader adoption of on-chain funds through Centrifuge, we are furthering our mission to drive innovation and efficiency in the DeFi space,” Yin said.

In May 2024, Credbull’s Jason Dehni said in an interview with crypto.news that he believed RWA tokenization was a “transformative force.”

He added that asset tokenization has the potential to significantly transform the global economy, reduce economic inequality and lower investment barriers. He also claims that RWA can open doors to inaccessible assets that will benefit people living in developing countries.