Etherfi and Plume announced a $100 million RWA vault to provide DeFi users access to institutional yield strategies through Plume's regulated infrastructure. The vault, called Etherfi Liquid RWA, launched with an initial $25 million cap and offers exposure to Blackrock's iShares AAA CLOA, Fidelity's Total Bond ETF, and a FalconX credit pool. The product targets stablecoin holders seeking traditional credit and bond market returns through Etherfi's platform, which holds over $6 billion in customer deposits. Tokenized real-world assets have gained traction as investors seek blockchain-based access to traditional yield products.
Etherfi Liquid RWA Vault Allocates to Blackrock, Fidelity, and FalconX Strategies
The companies announced the $100 million RWA vault through a post on social media. Etherfi Liquid RWA is now live through the Etherfi app. According to Etherfi, the vault "maximizes your USD-denominated returns through deploying strategy assets across a basket of real-world-asset and DeFi strategies."
![Etherfi app interface showing Liquid RWA Yield vault details]()
The first allocation includes Blackrock's iShares AAA CLOA, Fidelity's Total Bond ETF (FBND), and a FalconX credit pool. The mix gives users exposure to traditional credit and bond markets through a DeFi interface. The vault is designed to connect onchain users with yield markets that have historically been harder to access, including high-quality fixed-income products and institutional credit strategies.
Plume Provides Regulatory Infrastructure and Etherfi Cash Integration
Plume provides the underlying infrastructure with a license from the Bermuda Monetary Authority and U.S. SEC transfer-agent approval, giving it a regulatory foundation for tokenized asset products.
The vault is integrated with Etherfi Cash. Liquid RWA can be used as spend collateral at a 70% loan-to-value ratio, allowing users to earn rewards on stablecoins while unlocking spending power. Instead of choosing between earning yield and maintaining liquidity, users can put stablecoin capital to work while still accessing borrowing or spending capacity through Etherfi Cash.
![Social media post from Plume co-founder Chris Yin about the vault launch]()
FAQ
What assets does the Etherfi Liquid RWA vault include?
The vault's first allocation includes Blackrock's iShares AAA CLOA, Fidelity's Total Bond ETF (FBND), and a FalconX credit pool, providing exposure to traditional credit and bond markets.
What regulatory licenses does Plume hold for the vault infrastructure?
Plume holds a license from the Bermuda Monetary Authority and U.S. SEC transfer-agent approval, providing a regulatory foundation for tokenized asset products.
How does the Etherfi Cash integration work with the RWA vault?
Liquid RWA can be used as spend collateral at a 70% loan-to-value ratio through Etherfi Cash, allowing users to earn yield while maintaining borrowing and spending capacity.
