The Problem

Real-world yield remains trapped off-chain. Crypto capital faces:

  • Idle stablecoins and native tokens

  • Limited real-world asset options (mostly low-yield T-bills)

  • No direct access to investment-grade assets

  • Difficulty borrowing against ETF/equity positions

  • Lack of privacy in on-chain RWA activity

  • Continuous friction from off-ramping/on-ramping workflows

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