Maple Finance, a crypto lending platform, has launched a new product — a Cash Management Pool to allow non-U.S. accredited investors and entities to access U.S. Treasury Bills.

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Crypto lender Maple Finance has rolled out a United States Treasury pool for non-U.S. accredited investors and entities.

M11 Credit anticipates that the upcoming Ethereum Shanghai upgrade, ongoing regulatory pressure, and existing macro risks may increase volatility in the cryptocurrency market.

M11 Credit has reopened lending and is raising fresh capital for its new crypto lending pool on blockchain-based credit marketplace Maple Finance, the firm tweeted Wednesday.

One concern around real-world assets is the default risks faced by real-world assets protocols due to undercollateralized loans.

Crypto trading firm Auros Global, a victim of crypto exchange FTX’s bankruptcy, has reached a resolution to restructure its distressed debt on blockchain-based lending protocol Maple Finance, its primary creditor M11 Credit said.

Institutional crypto lending protocol Maple Finance has reported a net loss of about $7 million at the end of the fourth quarter of 2022 as it moves to close its lending pools on Solana.

M11 Credit @M11Credit on Twitter: 

Digital asset trading firm Orthogonal Trading, which became insolvent after the sudden implosion of FTX, has been placed under provisional liquidation by the British Virgin Islands courts, according to another firm, M11 Credit, which had sought the move.