Name
Crypto Asset Manager Bitwise Deploys on DeFi Platform With Maple Finance Partnership
Description
Bitwise has partnered with Maple Finance to make its first DeFi allocation through a bitcoin-backed lending product. The investment amount was not disclosed, but Maple CEO Sid Powell emphasized it as a milestone for institutional onchain credit adoption.
Publish date
6:00am, Thursday, March 6, 2025
Referenced by
Maple packages this product in a way that's consumable by institutional asset managers
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Bitwise makes first institutional DeFi investment through Maple Finance’s platform
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News story
The move required Bitwise to do some pretty serious due diligence and background work, Powell said
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