Real-world backing
Creating cycle-resistant returns anchored in the real economy through a diversified portfolio of global credit and liquid assets.
Where do the returns come from?
Recent generation stablecoins attempted to generate higher yields through synthetic, delta-neutral crypto trading strategies – such as harvesting funding rates – which introduced structural fragility. While these yields are high in "frothy" bull markets, they evaporate when market sentiment dries up and leverage exits the system.
RealFi is built on a different foundation: the real economy. By anchoring value in legally binding credit contracts and real-world economic activity, RealFi is designed to deliver cycle-resistant returns that do not rely on crypto market volatility.1
The reserve is diversified across private credit, public credit, and money market instruments, selected for stability and liquidity:
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Highly liquid tokenized U.S. Treasuries and money market funds:
Serving as the portfolio's immediate liquidity layer, this tier covers 10–20% of the Total Value Locked (TVL). It minimizes cash drag and provides a reliable safety net to support smooth, rapid redemptions during periods of market stress.
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Emerging market floating-rate corporate bonds:
Serving as the portfolio's immediate liquidity layer, this tier covers 15–25% (with a hard floor of 10%) of the Total Value Locked (TVL). It minimizes cash drag and provides a reliable safety net to support smooth, rapid redemptions during periods of market stress.
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Tier-1 private credit funds:
RealFi utilizes a fund-of-funds strategy to invest with best-in-class managers. This includes developed market funds targeting senior secured lending and emerging market funds pursuing structured finance and mezzanine debt fortified by strict covenants and collateral structures.
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Investment grade CLO ETFs:
SEC-registered ETFs holding rated tranches (BBB minimum) of CLOs backed by senior-secured broadly syndicated loans, delivering floating-rate income with minimal interest rate duration and T+2 to T+7 liquidity. Additionally, a pre-approved mandate for short-dated investment grade USD corporate bonds and FRNs will be activated as the portfolio scales; it is not deployed at launch.
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Institutional private credit funds:
RealFi utilizes a fund-of-funds strategy to invest with best-in-class managers. This includes developed market funds targeting senior secured lending and emerging market funds pursuing senior-secured structured finance fortified by strict covenants and collateral structures.
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Direct private credit deals:
RealFi's proprietary underwriting platform sources direct loans for high-growth businesses in sectors like digital lending, asset financing, payments, and renewable energy. These 6- to 24-month term loans are heavily protected by equity buffers, first-loss provisions, guarantees, and external credit insurance.