Decentralized private lending platform Credbull is launching a new fixed-income loan fund, LiquidStone, with a volume of up to $500 million on the Plume Network, a real-world asset (RWA)-focused blockchain.

- The fund will initially offer 10% APY for 30 days with daily redemption, with a cap of $100 million.

- Plans to scale to $500 million in Q1 2025, with 15% yield for 90 days.

Investors can earn rewards for participating in the Plume ecosystem. Assets include high-quality liquid assets, secured loans, and trade finance.

The private lending market on blockchain is valued at $9 billion, significantly smaller than the traditional market, which the IMF estimates at $2 trillion.

Credbull, led by Jason Dehney, aims to expand access to high-yield products by using blockchain to reduce costs.