Crypto lender Goldfinch has launched a new protocol which will provide non-US investors with access to institutional-grade private credit funds.
Goldfinch Prime will comprise of a single diversified pool, with exposure to thousands of loans from private credit firms such as Apollo Global Management, Ares Management, and Golub Capital.
The launch of the new protocol came in response to growing demand for real world assets (RWA) amongst the company’s investors.
“Goldfinch Prime is leading the evolution of RWA as a category,” said Mike Sall, co-founder of Goldfinch.
“Our goal is to be the leader in bringing the largest institutions onchain as private credit expands in 2025.
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“By bringing exposure to some of the world’s most trusted private credit managers onchain, along with strict compliance standards, we can increase the quality of private credit investing options available to investors globally.”
VanEck recently projected that the tokenised RWA market will surpass $50bn (£40bn) in 2025. Goldfinch Prime cited data that private credit makes up more than 60 per cent of all tokenised RWA assets, approaching $10bn onchain.
Investors in Goldfinch Prime can earn target returns of between nine and 12 per cent, net of fees.
All private credit funds in the Goldfinch Prime pool must be managed by institutional firms with at least $1bn in assets under management and 10 years or more of private credit experience.
Portfolios will comprise at least 90 per cent of senior secured loans. All funds must target an average non-accrual loan rate of around one per cent, and all funds must be registered with the SEC with “robust” quarterly reporting.
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“We believe Goldfinch Prime offers the most diversified single pool of institutional-grade private credit funds available onchain,” said Blake West, co-founder of Goldfinch.
“It’s an exciting new direction for the Goldfinch community. We want to deliver only high-quality funds with world-class reputations as private credit expands over the coming years.”
Goldfinch Prime investors must make their deposits in USDC stablecoin. They will then receive a GPRIME pool token representing their proportional stake in the pool.
To ensure strict compliance standards, the Goldfinch community has designated a counterparty to execute real-world transactions on behalf of the pool and interface with the external credit funds.
