Institutions that never borrowed in DeFi are now accessing credit lines onchain. The next unlock is underwriting that credit with real-world assets. @Benjamin918_, CEO and founder of @CapApp, and @the_weso, CTO, joined DeFi Drip at @rwasummit. - How credit delegation works onchain, with underwriters posting collateral and carrying default risk - The borrower mix arriving onchain: trading firms, payment financing, web2 fintechs - Tokenized RWAs as the next underwriting collateral, from equities to other instruments Watch the full episode ↓

Yesterday we launched Block House and had 37K+ total live views! Missed the broadcast? Here is the full recap for our segment: Yield and Credit: Where Banks and Crypto Meet on Returns Featuring: 🟦 Dave Liebowitz, Head of Growth, Cap (@CapApp) 🟦 Lou Mohn, Managing Principal, Franklin Crypto (@FTDA_US) 🟦 Will Gaines, Founder, Real Motion (@realmotioninc) Timestamps: 00:00 Intro 01:34 What Franklin Crypto looks for in early-stage investments 04:27 Unpacking Hester Peirce's statement on crypto vaults 06:45 Stream Finance, Celsius, and when vaults break 08:23 How Cap’s credit delegation actually works 09:53 Why depositors stay whole when a borrower runs 10:21 Is onchain credit just private credit with better reporting 13:59 Does onchain yield survive if rates compress 16:52 Cap as the UNO reverse card to finance 22:07 Agentic workflows as gasoline for onchain activity 24:10 The case for an incoming RWA season

Traditional companies are starting to tap into onchain credit markets to finance physical inventory. Onchain credit is reaching borrowers with no connection to crypto. @Benjamin918 and @the_weso, CEO and CTO of @CapApp, on DeFi Drip. Full episode tomorrow.

July was defined by trust and growth for Cap, diversifying both our borrower & underwriting base while expanding opportunities for depositors. Here is a ReCap of the month 👇 - @aave lists stcUSD on @megaeth's v3 instance - @FlowTraders accesses a credit line through Cap via @Lombard_Finance Bitcoin Onchain Strategy Vault - @OdysseyFi triples their borrowing capacity from Cap - @Bedrock_DeFi's Alpha Selini Vault reaches its 40 uniBTC cap - @yearnfi & @ClearstarLabs allocate to the stcUSD @Morpho market on @katana - @TermMaxFi launches stcUSD Sr tranche market on @roycoprotocol

Up next at 11:15AM EST on Block House! Segment: Yield and Credit: Where Banks and Crypto Meet on Returns Featuring: 🟦 Dave Liebowitz, Head of Growth, Cap (@CapApp) 🟦 Lou Mohn, Managing Principal, Franklin Crypto (@FTDA_US) 🟦 Will Gaines, Founder, Real Motion (@realmotioninc) Tune in below!

Yield and Credit Two narratives that have so much more going on under the hood, and two people who actually know the difference between narrative and mechanics 👑@defidave Head of Growth @CapApp and 👑@LouisMohnjr Managing Principal at Franklin Crypto @FTDA_US Tune in to Block House @ Aug 5, 11:15AM EST @realmotioninc live on X to find out what they're working on and what they think! thank you to @wrappedxyz and @realmotioninc for making this happen and for allowing me to host 🥹

ETH was never meant to just sit idle. That's why on Cap, over $40M ETH across weETH, stETH, and OETH are actively utilized securing borrowers and earning real yield in the process. Increasing the productivity of ETH. That's Cap 🧢

Not sure if everyone understands how cool what @CapApp is doing some very cool stuff with loans. Underwriters put up collateral to lend out Cap's money to cover the risk. I think we'll see some huge winners in this space that effectively tranche DeFi risk and build more structured products.

Cap is a credit platform backed by financial guarantees. These guarantees allow Cap's three-sided market to take shape that incentivize good behavior and enforce penalties against malicious actions. Reimagining credit for the next generation of finance. That’s Cap 🧢

Cap is the home of BTCFi. With over $180 Million of the asset on our platform, BTC is being utilized by underwriters such as @Bedrock_DeFi, @Lombard_Finance, & @SolvProtocol to provide financial guarantees for institutional-grade borrowers. BTC is more productive on Cap.