Bitwise has launched PPLUS, a Premium+ real-world asset (RWA) vault on Ember Protocol that uses leverage to target a net yield above 10%. The curated portfolio includes Huma Finance's PST for cross-border payment financing, USDai's sUSDai for AI GPU lending and HastraFi's PRIME, backed by prime residential home equity. Bitwise manages strategy design, asset selection and leverage parameters, while Ember operates the vault and executes trades. PPLUS has surpassed $10 million in total value locked after Bitwise previously introduced the PAPY Premium RWA vault. The product is restricted to non-U.S. persons and warns that leveraged credit strategies could result in partial or total loss of deposited assets.