Maple Finance, a blockchain-based marketplace for institutional capital, recently unveiled its latest offering, the Cash Management Pool. This pool provides non-U.S. accredited investors access to one-month U.S. Treasury yields. However, U.S. individuals or entities cannot participate in this offering. The pool’s yield will be obtained from one-month U.S. Treasury bills and reverse repurchase agreements, minus fees. The funds will be lent to crypto hedge fund Room40 Capital through a special purpose vehicle (SPV).
Maple Finance claims that all pool assets are held in a standalone SPV and custodied by a regulated prime broker. Lenders have full recourse over all assets, ensuring the safety of their investments. The onboarding process for this service takes just 10-15 minutes to complete, and there is no lock-up period for interest accrual.
In summary, Maple Finance’s Cash Management Pool presents a unique opportunity for non-U.S. accredited investors to access U.S. Treasury yields. With the added security measures and efficient onboarding process, this offering is an attractive option for those looking to invest in a safe and reliable manner.