Brú Finance is connecting decentralized lending to real economy, serving the un/underbanked population of 1.70 billion in global south.
Barring some exceptions, the current capabilities of the DeFi lending ecosystem are built around volatile crypto assets with high yield coming with composability, liquidation and other smart contract risks. DeFi lending is still unable to tap into the immense potential that RWAs bring in and the stability that they can achieve with that.
Brú Finance creates a bridged ecosystem of DeFi and CeFi through its integrated custodian-based real-world asset tokenization and decentralised lending solution. This helps in channelling the high yield-seeking capital from the developed world to the unbanked and the underbanked in emerging markets through an open, borderless and bankless system of finance secured by RWAs that reduces collection risk. Brú creates NFTs that are backed by real-world assets, stored with custodians and these NFTs are provided as collateral to lenders for borrowing against RWA NFTs.
Brú finance as of today boasts of a decentralised network of 1400 custodian warehouses on the platform with $600 Million of commodities stored in warehouses tokenized on Blockchain. These assets are being made available to the DeFi ecosystem for lending thus creating a secured, global and borderless financial ecosystem where yield is generated from real economic activities and is not propped up through degen-box speculative strategies.
Onboarding real-world assets on DeFi is a major challenge which we are trying to solve by building meaningful partnerships with asset custodians.
By removing the current limitations of DeFi such as volatile interest rates, speculative asset focus et al Brú Finance opens the doors of decentralised finance to the unbanked and underbanked population across the globe and is on part to create a universal open banking system for financial inclusion leveraging the force of Blockchain.
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