Odaily News Goldfinch, a DeFi protocol backed by a16z Crypto and Coinbase Ventures, has launched a new funding pool called “Prime” to provide users with on-chain investment opportunities in private credit fund giants.
Goldfinch Prime will provide non-U.S. investors with access to thousands of loans from private credit firms including Apollo Global Management, Ares Management and Golub Capital, which together manage more than $1 trillion in assets.
The Goldfinch Prime pool adopts a continuous open model, allowing users to invest at any time. After investors deposit USDC stablecoins, they will receive GPRIME pool tokens, which represent their proportional share in the pool. The pool's target net return rate is 9% to 12%. (The Block)