Gate News, March 19 — Ethereum’s re-staking protocol EtherFi announced an integration with Plume Network’s Nest Vault infrastructure, aiming to provide users with tokenized real-world asset (RWA) yields. EtherFi currently has a total value locked (TVL) of nearly $6 billion. The collaboration is implemented through Plume’s nBASIS vault, which leverages Superstate’s USCC fund to generate returns from basis spreads across various cryptocurrencies such as Bitcoin, Ethereum, Solana, and XRP. The integration will occur in two phases: first, EtherFi will reallocate funds to the nBASIS vault, followed by direct integration into EtherFi’s user interface. This is part of EtherFi’s broader strategy to build a comprehensive financial stack, with plans to offer payroll deposits, savings, yield earning, and everyday spending services. The partnership with Plume and Superstate is seen as a significant move to provide retail users with sustainable and diversified income sources, especially amid increasing compression of DeFi yields.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
JPMorgan: Tokenization Will Drive Fund Industry Change, But 'Good Use Cases' Still Years Away
Gate News message, April 25 — JPMorgan's global head of ETF product, Ciarán Fitzpatrick, said tokenization should drive change across the entire funds industry. "We believe tokenization will certainly drive how the market changes, not just for ETFs but across the funds industry as a whole," Fitzpatr
GateNews15m ago
AWS Marketplace Integrates Chainlink Data Standards
AWS Marketplace is integrating Chainlink's data standards and services, enabling developers and enterprises to combine AWS compute, storage, database, and API infrastructure with smart contract capabilities, according to an announcement on Friday.
Three Chainlink Services Now Available
AWS
CryptoFrontier5h ago
Aave Proposes 25,000 ETH Contribution to DeFi United for Kelp DAO Exploit Recovery
Gate News message, April 24 — Aave service providers proposed a governance contribution of 25,000 ETH, worth approximately $58 million, from the protocol's DAO to DeFi United on Friday to help restore backing for rsETH following last week's Kelp DAO exploit. The attack compromised a LayerZero
GateNews7h ago
ADA Price Outlook as Cardano Lands LSE Tokenized Deal
Key Insights
Cardano tokenized a Hannover Re reinsurance product and listed it on the London Stock Exchange, expanding blockchain use in regulated institutional markets.
ADA price holds within a descending wedge as support at $0.2400 remains intact while resistance near $0.2550 and $0.2824 l
CryptoNewsLand8h ago
OSL Group and Circle Partner to Expand USDC Access Across Trading and Payment Platforms
Gate News message, April 24 — OSL Group (HKEX: 863), a global stablecoin payment and trading platform, announced a partnership with Circle (NYSE: CRCL), a leading financial platform company, on April 22 to expand USDC access across OSL's payment and trading ecosystem.
Through OSL Global, OSL's
GateNews8h ago
Major CEX Launches Crypto Payment Card on Mastercard Network in Australia, Enabling USDC Payments
Gate News message, April 24 — A leading centralized exchange has launched a crypto payment card in Australia, partnering with Mastercard and Immersve to enable crypto-backed payments at merchants accepting Mastercard, including Google Play and Apple Pay. The service supports USDC and 37 USDC
GateNews9h ago
