EtherFi allocates $100M into Plume's RWA Vault
EtherFi allocates $100M into Plume's RWA Vault EtherFi allocated $100M into a new RWA Vault built on Plume's Nest infrastructure. The capital comes from EtherFi's liquidity provider base (funds, family offices, HNWIs) and managed reserves from its liquid vaults. The vault targets an estimated 7.25% variable APY from a basket of institutional assets: overcollateralized credit pools, AAA-rated CLOs (including BlackRock's iShares AAA CLO ETF), the Fidelity Total Bond ETF, and a FalconX-managed credit pool. Plume's vaults are non-custodial, backed by its Bermuda Monetary Authority license and…
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