Bitwise expands its arbitrage and DeFi capabilities
Cryptocurrency investment firm Bitwise has announced a partnership with Moprho Network to launch new on-chain vaults. This will allow investors to earn a stable yield of around 6% per annum by utilizing over-collateralized lending pools.
This solution is part of Bitwise's strategy to expand its presence in the DeFi ecosystem. The company specializes in digital asset management and providing products for institutional and retail investors. The launch of on-chain vaults based on Moprho will make their offering even more attractive to the audience interested in passive income from arbitrage and lending in decentralized finance.
According to experts, this step by Bitwise demonstrates the growing interest of major players in monetizing the capabilities of DeFi. Managing complex lending and arbitrage strategies through convenient vaults can become in demand among investors who are not ready to delve into the intricacies of decentralized finance on their own.