Bitwise launched the PPLUS RWA Vault, aiming for a target net return rate of over 10% using a leveraged strategy

Bitwise announced the launch of Bitwise Premium+ RWA Vault (PPLUS) on Ember Protocol. PPLUS holds a curated portfolio of real-world assets (RWA) and employs a leverage strategy, targeting a net yield of over 10%. Its assets include PST from Huma Finance, sUSDai from USDai, and PRIME from HastraFi, corresponding to cross-border payment financing, AI GPU loans, and tokenized debt secured by high-quality residential equity, respectively.

It is reported that Bitwise is responsible for the strategy design of assets, positions, and leverage parameters, while Ember is responsible for vault operations and trade execution. PPLUS is only open to non-U.S. persons, and Bitwise warns that the vault involves leveraged credit strategies, and deposited assets may face the risk of partial or total loss.