🚨A $20M tokenized loan in a Goldfinch lending pool went sour😱 Stratos, the borrower, bet on a real-estate tech firm & digital assets that underperformed📉 $7M at risk of loss💸 Warbler Labs, the underwriter, will backstop all losses🛡️

This highlights the risks of tokenized real-world assets (RWA) & the due diligence process in blockchain-based lending protocols🔍 Goldfinch faced a similar issue earlier this year with a defaulted loan🚩

What do you think about the future of RWA in the crypto space?🤔 Share your thoughts below!👇