Strong demand from investors to capture yield from a diversified pool of institutional loans
The Lending Pool managed by Maven 11 on the capital marketplace Maple Finance has reached a volume of $ 175 million. Launched in July 2021, the Lending Pool has issued 35 loans to premier institutional borrowers in the crypto industry, such as Alameda Research, a quantitative trading firm, GSR, a crypto market maker, and digital asset platform Amber Group.

Maple Finance is a decentralized corporate debt marketplace built to create a sustainable yield source for long-term focused lenders to earn a competitive return on their assets. The capital on Maple Finance’s platform sits in Lending Pools, each managed by a Pool Delegate. As a Pool Delegate, Maven 11 forms the link between investors and companies, tasked with assessing the creditworthiness of borrowers and determining the terms of the investment, such as collateralization ratio and interest rates.

The rapid growth of the Lending Pool managed by Maven 11 demonstrates the increased adoption of decentralized finance (DeFi) as a promising and realistic alternative to traditional financing. Total liquidity on the Maple protocol has surpassed $ 500 million mark with room to grow. The total DeFi market is currently estimated at well over $250 billion, up from $ 20 billion at the beginning of 2021.

Maven 11 Blockchain Venture Fund II

Maple Finance is also one on the participations of Maven 11 Blockchain Venture Fund II, which closed at $ 120 million on 30 November. Maven 11’s involvement in Maple Finance, both as an investor through Venture Fund II and as a Pool Delegate, showcases its ability to offer founders more than just funding, thereby actively adding value to its participations.

“There is major room for improvement in terms of capital efficiency in the lending space for institutional capital. We firmly believe in working alongside founders, borrowers and lenders. It is about more than facilitating capital: it means venturing into new ways of improving capital markets,” says Balder Bomans, Managing Partner Maven 11 Capital.

“As a Maple Lending Pool Delegate, we are opening up our pool to the wider decentralized finance community to encourage a much wider set of users to join the Maple ecosystem.”