Name
Bitwise Makes First Institutional DeFi Allocation via Maple Finance
Description
Bitwise has made its first institutional DeFi investment through Maple Finance, a DeFi and real-world asset (RWA) protocol specializing in onchain credit. This move reflects the growing institutional interest in onchain credit, which provides transparent and efficient alternatives to traditional finance.
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Bitwise launched in 2017, and is the largest crypto index fund manager in the United States, operating publicly traded BTC and ETH ETFs
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The convergence between DeFi and traditional finance is accelerating, and Maple is at the forefront of that shift
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Bitwise makes first institutional DeFi investment through Maple Finance’s platform
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