🇹🇷 Maple Finance, which received an exemption from the US Securities and Exchange Commission (SEC), began offering one-month US Treasury bond returns to accredited investors in the US. Prior to this exemption, Maple Finance Treasury pools were only open to accredited investors outside the United States.
📊 According to Maple Finance data, 21 million USD Coin (USDC) was deposited into the Treasury pool, which currently provides an annual return of 4.76%. There is no entry or exit fee other than the management fee.
🤝 Room40 Capital is an institutional crypto hedge fund founded in 2022 and is the only current borrower from the pool. The company has processed 46 payments since the launch of Treasury pools in April and there have been no delays.
💬 How do you think this new service offered by Maple Finance to accredited investors in the USA will affect the growth of the company? Share your comments with us!