Bitwise Introduces On-Chain Vault with DeFi Lending Protocol

Bitwise has unveiled its first on-chain vault, leveraging the DeFi lending protocol Morpho to deploy USDC in overcollateralized lending markets, aiming for a yield of up to 6%. According to NS3.AI, the company is considering the inclusion of more stablecoins and crypto assets in its offerings. Bitwise also plans to explore diverse DeFi strategies, such as real-world asset tokenization and liquidity provision for decentralized exchanges.