Archblock Newest Portfolio Manager END-Labs
The premier DeFi credit protocol TrueFi’s core team, Archblock, which connects conventional finance to the DeFi infrastructure, announces the addition of END-Labs as the newest portfolio manager to the protocol.
END-Labs as the newest portfolio manager of Archblock, will leverage TrueFi to scale up and fund its asset pools while onboarding more real-world borrowers.
About END Capital
With the help of TrueFi’s innovative unsecured lending protocol, Archblock is pleased to welcome END Capital as a new financial partner.
END Capital is the internal capital markets team for END-Labs, a startup that is focused on using blockchain to transform various facets of the traditional finance services sector. For DeFi investors and lenders, END Money opens up access to physical assets, while providing alternate sources of capital for fintech asset creators that work only with fiat.
In a bear market, END Capital is able to offer its clients real-world productive GDP loans utilizing DeFi while giving DeFi investors access to safe and well controlled credit exposures by focusing on real-world assets rather than volatile crypto assets.
END Capital Concepts
END Capital intends to expand its GigPool platform, which focuses on providing funding capital for fintech lenders servicing borrowers in the gig economy, as a new portfolio manager leveraging TrueFi portfolios. For a levered senior return, the TrueFi pool will make use of the senior leverage that the GigPool acquires through the Centrifuge platform.
In addition to providing diversity of a variety of different capital providers facing the GigPool platform, the strong pipeline of asset originators maintained by END-Labs would necessitate extra capital capacity.
The TrueFi protocol initially primarily catered to crypto-native hedge funds, but earlier this year it started introducing blockchain’s speed, efficiency, and accessibility to all kinds of financing. Therefore, by making DeFi services easier to access for TradFi, Archblock and TrueFi simplify the process of building, launching, and funding new investment options. Reduce expenses and expand the range of marketplaces where TradFi funds can be use.
As the top marketplace for unsecured DeFi lending, TrueFi offers a constantly expanding community of DeFi lenders, and Archblock makes it possible for portfolio managers using the TrueFi protocol to access a range of technical, financial, and operational services, allowing them to focus their time and efforts on being the most efficient capital allocators.
Management Quote
“We’re excited to welcome END-Labs to TrueFi infrastructure,” says Ryan Christensen, CEO of Archblock. “The team has proven its expertise in creating innovative financial products at the intersection of DeFi and real-world lending, and we see GigPool as a unique and valuable offering we’re glad to see offered to TrueFi’s community of lenders.”
“We look forward to the launching of this, the first of numerous expected pools on the TrueFi platform. Both END-Labs and Archblock are like-minded with regard to the future of real world asset financing utilizing DeFi protocols and we’re excited to continue that development together,” said Edward Wu, Managing Director of END Capital.
About Archblock
Archblock connects institutional money to DeFi’s cutting-edge financial system. As a key contributor, Archblock brings institutional lenders and fund managers on-chain to improve the efficiency, effectiveness, and accessibility of international lending.
END-Labs connects crypto borrowers and institutional DeFi capital, driving greater capital efficiencies. The company’s team members have more than 40 years of combined experience in originating, structuring, underwriting, and servicing structured financial loans and securitized bonds for credit funds.
SOURCE
https://www.businesswire.com/news/home/20221027006026/en/Archblock-Welcomes-END-Labs-to-TrueFi-as-Its-Newest-Portfolio-Manager
