š Many people believe that Bitcoin emerged suddenly and was created by a single person named Satoshi Nakamoto. š¶ However, Bitcoin is actually the result of the efforts of dozens or even hundreds of people over 40 years.
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Just in: CredbullDeFi will tokenize their first onchain credit fund on Centrifugeāwith a $10M allocation from the @plumenetwork ecosystem! Key takeaways: ā¢ With Centrifuge's multichain infrastructure, Credbull's private credit fund will serve a wider pool of investors (think: DeFi users and DAO treasuries!) compared to traditional credit funds that reserve exclusivity to institutions and high-net-worth individuals. ā¢ The pool on Centrifuge will kick off with a $10M allocation from Plume's growing RWA ecosystemāmade possible onchain with our multichain infrastructure. ā¢ The fund will offer a 12-month 10% fixed yield on USD
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The Real-World Asset (RWA) trend has emerged as a significant sector in the financial industry, blending traditional finance with blockchain technology, peaking in 2024. Leading asset management company BlackRock has made major advancements in Real World Assets (RWA) after the BitcoinBitcoin +0.2% ETF launch earlier this year, now managing $21 billion in BTC volume. The rights to a variety of assets, including bonds, stocks, real estate, and cultural assets, will be tokenized through RWA products. This innovation aims to democratize historically less accessible investment opportunities by promising increased liquidity, proof of ownership, and transparency. More here - https://www.forbes.com/sites/nataliakarayaneva/2024/06/11/first-web3-integrations-with-blackrock-and-the-rwa-trend/
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