Decentralized private credit platform Credbull is rolling out a new fixed yield credit facility named LiquidStone, which aims to manage up to $500 million, solely available on the Plume Network, which focuses on real-world assets.

In this initial phase, the product offers a fixed 10% annual yield for 30 days, complete with features for daily redemption on assets and earnings. The fund will begin with a cap of $100 million, expanding to $500 million in the first quarter of 2025, along with a 90-day fixed yield of 15% annualized.

Both retail and institutional investors can earn additional rewards for their participation in the Plume ecosystem. The investments are diversified via on-chain high-quality liquid assets, secured on-chain lending solutions, and high-yield trade financing for small and mid-size businesses.

The blockchain-based private credit sector is valued at $9 billion, as indicated by data from rwa.xyz, significantly smaller than the estimated $2 trillion private credit market within traditional finance. Credbull aims to enhance access to elevated yield structured products by leveraging blockchain technology to cut operational costs. Credbull's first crypto fund launched in partnership with Polygon this year and is regulated in the Bahamas, having raised $5.2 million in an August venture capital round led by GnosisVC.

Plume is an Ethereum-based layer-2 blockchain dedicated to RWA finance, recently backed by Galaxy and Haun in a $10 million seed funding round.