FinChain Partners With Plume to Introduce Leveraged RWA Yield Strategy
Photo: TheNewsCrypto
FinChain, a crypto-finance platform incubated by Fosun Wealth Holdings, has partnered with institutional open finance platform Plume to launch FLEX & FINO, a leveraged yield strategy targeting annualized returns of up to 7.2% on its FUSD real-world asset (RWA) token. Announced on November 4, the product combines income from tokenized traditional financial assets with additional returns generated through decentralized finance (DeFi) liquidity pools. The projected 7.2% APY is based on baseline assumptions and is not a guaranteed return. FUSD, or FinChain Dollar, is backed by tokenized short-term U.S. Treasury securities and compliant money market funds.
Source: TheNewsCrypto
