Jackson Blau
2K posts
@jacksonblau
University of Michigan 23' Economics & Entrepreneurship | Manager of DeFi and Crypto @InveniamIO | Former @infineogroup & @tokenadvisors
Finance is moving onchain. Vaults are a key part of that, offering investors a transparent way to earn digital yield on their assets. Today, we’re excited to announce that Bitwise is launching non-custodial vault strategies as a curator on @Morpho. The quick details: - Bitwise’s first strategy on Morpho currently targets 6% APY, investing in overcollateralized lending pools. - Vault curation, strategy, and risk management will be led by Bitwise’s Portfolio Manager & Head of Multi-Strategy Solutions, Jonathan Man, CFA. - The offering leverages Bitwise’s 140-person team of professionals and more than eight-year track record as a crypto specialist. We believe the future is onchain, and we’re delighted to help sophisticated investors participate in the opportunities vaults provide. More to come. Feel free to reach out—input welcome.
Introducing Hashi: a new era of Bitcoin finance on Sui. Bitcoin's market cap exceeds $1 trillion. < 0.5% of it is used in DeFi. Hashi is here to change that, with commitments from industry leaders including BitGo, Bullish, Erebor Bank, FalconX, Fordefi, Ledger, and more.
What does institutional adoption actually look like? It looks like onchain finance builders in the same room with capital allocators, asset managers and financial institutions. That is Vault Summit.
Most of the conversation around RWA looping revolves around the benefits for the looper, but it misses the fact that RWA looping is good for lenders too. Native onchain APYs (without incentives) are barely beating Tbills because they are mostly lending to crypto-native collateral. All crypto-native collateral is directly or indirectly related to crypto market activity, which is down. Done correctly, RWA collateral is uncorrelated to crypto activity and loopers are willing to pay a premium above current rates. The many RWA credit risks that people (correctly) point out will eventually be solved when there are dozens or hundreds of assets for looping. One RWA seeing a drawdown matters a lot less when vaults are spread out over 100 different collateral markets.
