Goldfinch launches Prime pool, unlocking $1 trillion in private credit
Private credit accounts for over 60% of all RWAs
Decentralized finance (DeFi) protocol Goldfinch has announced the launch of its new Prime Pool, offering access to private credit funds collectively managing over $1 trillion in assets.
According to Goldfinch, the Goldfinch Prime Pool will provide non-U.S. investors access to loans from private credit firms, including Apollo Global Management, Ares Management, and Golub Capital.
The pool is structured as an open-ended offering, allowing users to invest at any time. Investors deposit USDC stablecoins and receive GPRIME pool tokens, which represent their proportional stake in the pool. The pool targets returns between 9% and 12% after fees, with no minimum investment requirement.
"With access to some of the world's most trusted private credit managers on-chain and strict compliance standards, we can enhance the quality of private credit investment options available to investors worldwide," said Mike Sall, co-founder of Goldfinch.
Key RWA segment
The Goldfinch DeFi protocol is backed by a16z Crypto and Coinbase Ventures. With its new Prime offering, Goldfinch aims to expand on-chain access to private credit, a key segment in the growing real-world asset (RWA) tokenization market.
According to RWA.xyz, private credit accounts for over 60% of all tokenized RWA assets, with more than $11 billion already on the blockchain.
Investment manager VanEck forecasts that the tokenized RWA market will surpass $50 billion this year.
As we wrote, amid a widespread crypto market downturn and a 20-25% crash in many altcoins, blockchain network Mantra, focused on real-world asset (RWA) tokenization, posted a 12% daily gain.
