PANews reported on September 24 that Bitwise announced the launch of Bitwise Premium+ RWA Vault (PPLUS) on Ember Protocol. PPLUS holds a screened portfolio of real-world assets (RWA) and uses a leverage strategy with a target net return rate of more than 10%. Its assets include Huma Finance’s PST, USDai’s sUSDai and HastraFi’s PRIME, which respectively correspond to cross-border payment financing, AI GPU loans and tokenized claims collateralized by high-quality residential equity.
It is reported that Bitwise is responsible for the strategy design of assets, positions and leverage parameters, while Ember is responsible for treasury operations and transaction execution. PPLUS is only open to non-U.S. persons. Bitwise reminds that the vault involves a leveraged credit strategy, and deposited assets may face the risk of partial or complete loss.