Craftt

Craftt is an on-chain asset-backed lending (ABF) infrastructure founded in 2024 whose core is the Craftt Tokenized Lending Pool: consumer finance receivables such as BNPL, earned wage access, and installment loans are packaged into a structured credit vehicle offered to institutions and accredited investors through senior and junior tranche tokens. It targets the high pricing and slow setup of traditional warehouse lines, where non-bank consumer lenders give up one to two points of spread to intermediary layers; Craftt connects capital directly through tokenized tranches, claiming costs one to two points lower and setup inside 60 days, with cash flows and portfolio performance visible on-chain. Its consumer app, Craftt Pass, offers USD and EUR virtual accounts with roughly 3 percent yield on balances, sourced from the Treasury and money-market interest behind USDB, the Bridge-issued stablecoin.

In the map of private credit moving on-chain, Craftt curates and manages between the capital side and the asset side, unlike DeFi lending pools that face retail directly; its institutional platform currently serves institutions, accredited investors, and family offices only, with Craftt Pass as the sole retail entry point. Supported asset classes are limited to consumer credit receivables, excluding business receivables, real estate, and physical collateral.