TL;DR
- Credbull has launched LiquidStone, a private credit structure that will offer fixed returns to investors within Plume Network, with an initial cap of $100 million.
- The initial fund offering includes an annualized return of 10% over 30 days, with daily redemption, and plans to increase to 15% annualized over a 90-day period during its expansion phase.
- The blockchain private credit market has reached a value of $9 billion, while the traditional market exceeds $2 trillion.
Credbull has launched its new private credit structure, called LiquidStone, which will focus on offering fixed returns to investors.
The launch takes place within Plume Network, a blockchain specialized in real-world assets (RWA), which seeks to facilitate access to credit products through the use of blockchain technology. In its initial phase, LiquidStone will start with a limit of $100 million, with the intention of expanding its capacity to $500 million in the first quarter of 2025.
Happy to announce that Credbull Rolls Out $500M Private Credit Fund with Fixed High Yields on @plumenetwork! With the launch of the LiquidStone product, we aim to offer institutional and retail investors access to private credit yields – the best performing asset class in the… https://t.co/x4XyFwKcx3
— Credbull (@credbullDeFi) October 3, 2024
The initial fund offering will allow investors to earn an annualized return of 10% over a 30-day period, with daily redemption features. In its expansion phase, the fund will increase the offered return to 15% annualized over a 90-day term. This strategy aims to attract a variety of investors and also provide a more accessible and diverse approach to private credit. Using high-quality liquid assets and high-yield trade financing solutions.
Credbull Launched Its First Fund on the Polygon Platform
Credbull’s proposal comes at a crucial moment. The blockchain private credit market has reached a value of $9 billion. Standing out against the traditional market, which is valued at over $2 trillion. Its rapid growth highlights the trend toward the tokenization of financial instruments. A process that allows the transfer of traditional assets such as bonds and funds to blockchain platforms, providing greater efficiency, transparency, and accessibility.
Investors, both retail and institutional, will have the opportunity to earn rewards by participating in the Plume ecosystem. Credbull, under the direction of Jason Dehni, a former McKinsey executive. Has set its goal to broaden access to high-yield structured products. Using blockchain technology to reduce costs and maximize investment opportunities.
Credbull’s first fund was launched on the Polygon platform and is regulated in the Bahamas. In August of this year, the company raised $5.2 million in a venture capital funding round led by GnosisVC..
