Crypto lender Maple Finance has rolled out a United States Treasury pool for non-U.S. accredited investors and entities.
According to an Apr. 19 post, Maple Finance has launched a new Cash Management Pool (NASDAQ:POOL) for institutional Web3 investors to access U.S. Treasury Bills directly. The offering is not available to U.S. individuals or entities. The pool will source yield from one-month U.S. Treasury bills and reverse purchase agreements, less fees, to lenders, with crypto hedge fund Room40 Capital serving as the sole borrower via a special purpose vehicle (SPV). Maple developers wrote: