
DeFi’s “On-Chain Wall Street”: How Maple Finance Is Crafting a New Paradigm for Institutional Credit
Abstract – From Wild-West Lending to Institution-Grade Capital Markets Maple Finance was started by former bond-salesmen and structurers who believed blockchains could do debt markets better than Bloomberg terminals. In three years it has moved from “zero-collateral alpha” to a multi-chain, multi-asset credit platform that has underwritten > US $4 bn of loans, tokenised US $270 m of U.S. Treasuries and still kept defaults below 3 %. This piece walks through the product arcs, the 2022 near-dea...

What is RWA
the brief history of RWA

Detailed explanation of the RWA tokenization track: the next wave of crypto narrative
The concept of RWA is not unfamiliar in the blockchain industry. The earliest RWA project was the BTM Bytom Chain, which "puts assets on the chain". At present, the most successful RWA is the digital dollar USDT and USDC, which maps the US dollar to the chain and tokenizes it. Stablecoins have subtly influenced the entire crypto industry and have now become an important cornerstone. The full name of RWA is real world assets-tokenization, which is the process of converting the ownership value ...