Maple (MPL) is a token of a decentralized corporate credit market. It has transparent and efficient financing, carried out entirely online.

Maple news today, MPL crypto latest news of token ticker

Maple

How Tokenization is Re-Shaping Banking and Private Equity:

This quote from my friend Patrick O’Meara ( @omearaop ex-Bear Stearns and CEO of Tokenization platform Inveniam) stood out to me: 

‘The role of a bank is changing.

Private Credit Repo Markets are developing. 

The collateral will be resold on a tokenized Markets. 

Private Markets will eventually just become, markets...

The melding of Non-bank lending in Markets with Banks and RWA capital stack trading digitally will transform banking. 

Add in DeFi lending and you have the next version of Capital Markets.‘

>> 1. This pairs well with the tweet below showing PE firms are assuming traditional bank lending functions.  Banks, in turn, are lending to the lender. 

>> 2. This is a seismic change in how credit markets work. You heard it here first. 

>> 3. Apollo, KKR, Wellington et al are all embracing tokenization. Tokenization is accelerating this. 

Let me paint it starkly. 

Soon you can get a 3rd party mark on your Private Credit Fund. 

That LP position is accruing and paying you interest. 

Now imagine you can get liquidity on that mark due to tokenization (by pledging or selling it). 

So…

how different is your LP interest from a Demand Deposit or a Term Deposit at a Bank 

Except at a higher rate of return and w/o FDIC insurance?

Private Equity funds are turning into banks (with ‘back leverage’ from banks). 

Credit risk continues to flow out of banks into the arms of Private Equity. 

How long before that risk is tranched so you have a AAA-rated senior bond that pays more than JP Morgan Chase? 

Except Apollo is the one taking your non-FDIC insured deposit?

tl;dr Tokenization is enabling shadow banking to replicate banking. 

Read 👇 for more context

Twitter

Love this take from @ramahluwalia . Tokenized assets on blockchains are the next wave in the decentralization of debt capital markets.

@maplefinance is pushing the frontier in tokenized credit. Launched in May '21, led DeFi's first on-chain institutional term loan 6 months later…