Bitwise has made its first move into decentralized finance through a partnership with Maple Finance, opening up their institutional clients to onchain investments.
The Benefits of Onchain Lending
Onchain lending minimizes human bias and increases transparency. Major bankruptcies in the industry, such as Celsius and BlockFi, highlight the drawbacks of traditional lending.
Maple's Innovations in Asset Management
Maple offers both over- and under-collateralized loans to help avoid excessive interconnected borrowing risks. Their products have generated consistently high risk-adjusted yields since inception.
Prospects and Plans for Bitwise
Bitwise is actively involved in creating innovative investment products and ETFs. The firm believes that the future of asset management lies in onchain products that offer greater transparency.
The collaboration between Bitwise and Maple Finance reflects the growing interest of institutional investors in decentralized finance, indicating further growth potential for onchain investments.
