Mapletree Investments, a real estate firm owned by Singapore state investor Temasek, has picked banks for an IPO of parts of the company in the city state that could raise at least $780 million, according to people familiar with the matter

MapleStory, the Nexon game franchise with more than 250 million players, runs MapleStory Universe on Henesys, Nexon's own Avalanche L1. Henesys has processed 188,853,679 transactions from 3,565,058 addresses. @avax

Maple Finance closed September with $1.57m in revenue, 20% of which went to buybacks. September was the third month since MIP-021 passed (a buyback program that scales with revenue), and it was the highest buyback month under this MIP. In earlier months, revenue was under $1.5m, and buybacks were limited to 10% of revenue. Based on last month's annualised revenue, the $SYRUP P/S ratio now sits at ~14, well below other lending protocols in the category and awaiting potential repricing.

Maple's goal is to become the credit and yield layer for a growing stablecoin economy. On October 13, @syrupsid and @joe_defi will show how we get there, starting with Q3 results and the first quarter of rules-based buybacks under MIP-021. @HenriArslanian joins for a fireside on how institutions are moving credit onchain, then hosts the Q&A. Live on X, October 13, 11:00 ET. Register ↓

Mapletree Investments is evaluating a plan to list part of its India office portfolio through a real estate investment trust as it seeks to tap growing investor appetite for commercial properties, sources say

Maple (@maplefinance) is live on Fordefi Earn 🌱 📈 $4.8B+ AUM, $25B+ originated since 2019 💸 $100M+ in yield distributed to lenders 🏦 Trusted by Robinhood, Coinbase, OKX, and Kraken Deposit into Maple vaults straight from your Fordefi vault →