Maple Finance дебютирует с предложением биткоин-доходности для институциональных инвесторов

cryptonews.ruPublished on 2024-06-28Last updated on 2025-01-28

Платформа децентрализованного финансирования (DeFi) Maple Finance анонсировала новый производный продукт для удовлетворения спроса институциональных клиентов на цифровые активы.

По словам Maple, новый продукт будет покупать опционы биткоин-колл, используя доходность от обеспеченных криптокредитов. Разработанный для институциональных инвесторов с минимальным бай-ином в 100 000 USDC, он обещает доступ к BTC с защитой от убытков от неудовлетворительной доходности BTC. Новый продукт имеет минимальную годовую процентную доходность (APY) 4% с возможностью максимальной APY 33%.

Новое предложение Maple будет конкурировать за долю рынка с несколькими аналогичными продуктами. Вот несколько примеров: инвестиционный биткоин-фонд Национального банка Бахрейна, защищенные биржевые фонды Bitcoin (ETF), выпущенные Calamos Investments, и недавний запуск платформы Crypto.com для институциональных инвесторов в Соединенных Штатах.

Структурированные криптопродукты, ориентированные на институциональных инвесторов, растут с 2024 года, чему способствовала улучшенная нормативно-правовая ясность во всем мире и растущее признание криптовалюты как инвестиционного инструмента.

Многие из этих новых продуктов обещают минимизировать риск падения, проблема, с которой знакомы криптоэнтузиасты. По словам Лукаса Кили, главного инвестиционного директора Yield App, закаленные в боях инвесторы ищут гарантии того, что их токены «не исчезнут в дыму», как это было в 2022 году после падения FTX, Celsius и Terra.

Институциональные инвесторы все чаще рассматривают биткоин и другие цифровые активы как неотъемлемую часть портфеля, помогающую диверсифицировать портфель и хеджировать инфляцию. Биткоин-ETF привлекли более $39,9 млрд чистого притока с момента их дебюта на Уолл-стрит в январе 2024 года.

В июне 2023 года Maple Finance объявила о запуске программы прямого криптокредитования, которая заполнит пустоту, образовавшуюся после краха BlockFi и Celsius. По данным HTF Market Intelligence, прогнозируется, что рынок биткоин-кредитования будет иметь совокупный годовой темп роста в 26,4% до 2030 года, а размер рынка увеличится с $8,6 млрд до $45 млрд.

BTC Market Pulse: Week 28

Bitcoin is showing signs of structural stabilization, shifting from aggressive distribution toward equilibrium. Price momentum has recovered from recent lows alongside a reduction in spot market selling pressure. While spot volumes remain low, indicating consolidation, derivatives activity is rising with increased futures open interest and aggressive bullish positioning. Options market sentiment is cooling, with less urgency for downside protection. Institutional flows via US spot ETFs show contracting outflows, suggesting a potential end to recent divestment trends. On-chain data reveals increased network engagement through rising active addresses and transfer volumes. Although many holders face unrealized losses, the slowdown in profit/loss realization points to underlying long-term conviction. Short-term capital is becoming more active, which may increase volatility, but overall profitability metrics have improved, supporting cautious optimism. In summary, Bitcoin is in a consolidation phase. Upward momentum has softened, but futures stability and strong profitability underpin resilience. This is balanced against mounting sell-side pressure and defensive options positioning, leaving the market in a state of underlying strength tempered by growing caution.

insights.glassnode2m ago

insights.glassnode2m ago

When Big Tech Donates Stocks to the 'Trump Accounts', Which Assets Will Benefit?

"The 'Trump Accounts' program has officially launched, establishing tax-advantaged savings and investment accounts for children under 18 in the US. The accounts receive initial government funding and private donations, with Dell founder Michael Dell contributing $6.25 billion. Former President Trump publicly endorsed Dell at the launch event, boosting its stock price. The US Treasury now allows approved stock donations to these accounts, prompting a donation of SpaceX shares from its president. Account funds are primarily invested in ETFs tracking the S&P 500 index, creating a potential long-term capital inflow into US markets. Key operational partners include BNY Mellon as financial agent and Robinhood as the designated broker and app developer, positioning them to gain millions of potential lifelong financial customers. Early corporate donors, like Dell, are receiving significant presidential endorsement. The program aims to become a long-term wealth-building vehicle for American youth, similar to retirement accounts, with its ultimate impact dependent on future scale and participation."

Odaily星球日报14m ago

When Big Tech Donates Stocks to the 'Trump Accounts', Which Assets Will Benefit?

Odaily星球日报14m ago

Goldman Sachs Research Report Analysis: Circle and USDC Are Moving Beyond the Crypto World, Cross-Border Payments and AI Agents Become New Battlegrounds

Goldman Sachs published a summary of its meeting with Circle Internet Group (issuer of USDC) on July 5th. The core takeaway is that stablecoins, led by USDC, are evolving from a crypto-native tool into foundational infrastructure for traditional finance and the AI economy. USDC's use cases are rapidly expanding beyond crypto trading into cross-border payments, e-commerce, capital market settlements, and notably, payments for AI agents. Circle's management emphasized that stablecoin growth is now decoupled from crypto market cycles, driven by this diversification. They outlined five key application layers and highlighted USDC's network effects, global liquidity depth, and regulatory compliance as competitive moats. Circle distinguishes USDC from bank-issued tokenized deposits, arguing the former is an open, internet-native system without bank credit risk. Strategically, Circle is building a broader fintech platform with its Arc Layer 1 blockchain, the Circle Payments Network for cross-border transfers, and an "Agentic Stack" to serve AI agent economies, where USDC already dominates. Regarding regulation, Circle views potential U.S. legislation like the CLARITY Act as a catalyst for growth rather than a constraint, expecting it to encourage broader institutional adoption and active usage. Goldman Sachs maintains a Neutral rating on Circle with a $96 price target, noting the company's shift from a pure stablecoin issuer to a financial infrastructure provider. Key risks include competition from USDT and potential earnings pressure from declining interest rates on its reserve assets.

marsbit40m ago

Goldman Sachs Research Report Analysis: Circle and USDC Are Moving Beyond the Crypto World, Cross-Border Payments and AI Agents Become New Battlegrounds

marsbit40m ago

USELESS indicators stay bullish—but profit-taking risks are rising

The memecoin sector significantly outperformed Bitcoin over the past week, with its market capitalization rising 11.5%. Useless (USELESS) was a notable performer, rallying 26% in a week and 14.47% in 24 hours, though its $99.85 million market cap is relatively small. Technical indicators like A/D, OBV, and MFI at 73 suggest bullish momentum and underlying demand. However, the price action retains a long-term bearish bias, as the current rise to $0.101 remains below the critical 78.6% retracement level at $0.109. A breakout above the $0.131 swing high is needed to shift the long-term structure to bullish. The recent surge swept liquidity at $0.095, triggering short liquidations that pushed the price past $0.1. Despite the bullish indicators, the analysis advises traders to consider taking profits on the bounce or even positioning for a short, with invalidation above the $0.131 daily swing high. The $0.109-$0.131 zone is identified as crucial overhead resistance for a potential trend reversal.

ambcrypto1h ago

USELESS indicators stay bullish—but profit-taking risks are rising

ambcrypto1h ago

The Robinhood Stock Tokens You Bought Are Just Debts from Jersey Island

The Robinhood stock tokens you buy are essentially debt securities issued by a shell company in Jersey, not real equity. These tokens merely track stock prices like NVIDIA or Apple but grant no shareholder rights like voting or dividends. If the underlying company fails, you have no claim on its assets. Instead, you hold a debt instrument from Robinhood Assets (Jersey) Limited, which promises returns based on stock performance. If this Jersey entity goes bankrupt, you become an unsecured creditor. This complex structure stems from Robinhood's past crisis during the 2021 GameStop short squeeze, where T+2 settlement caused liquidity issues. The blockchain-based tokens enable instant settlement, theoretically preventing such trading halts. The product is classified by the SEC as a "linked security" or structured note, carrying counterparty risk not borne by actual shareholders. It is available globally but excluded from the US, UK, and other major markets, while Robinhood offers a fully compliant, asset-backed token model in Europe under MiFID II. The system relies on oracles for pricing, which poses risks like manipulation and faulty liquidations seen in DeFi exploits. Robinhood profits from spreads and aims to become a full-chain settlement layer. Meanwhile, competitors like Ondo have launched SEC-registered, fully compliant equity tokens in the US with actual voting rights and dividends. Robinhood’s Jersey debt model appears as a transitional, regulatory-arbitrage product, aiming to capture market share ahead of future regulatory clarity.

Foresight News1h ago

The Robinhood Stock Tokens You Bought Are Just Debts from Jersey Island