WisdomTree to Launch Yield-Bearing Vaults on Solana Blockchain

The $140 billion asset manager plans to offer onchain yield vaults with real-world cashflow assets, 24/7 redemptions, and full decentralized finance integration.

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Terms & Concepts
  • Yield-bearing vault: An investment product that generates returns on deposited assets through various income-producing strategies.
  • Solana: A high-performance blockchain known for fast transactions and low fees, supporting decentralized applications.
  • DeFi composability: The ability for decentralized finance applications to integrate and interact seamlessly with each other using smart contracts.