What does institutional adoption actually look like today? Not institutions buying and holding crypto but issuing offchain assets -> onchain (RWA's) and utilizing them in DeFi End-to-End Private Credit Example 🧵 ..

2/ Fund account You can use @ZeroHashX to onboard USD or you can connect your crypto wallet.

4/ Sign and Fund Wallet You will need to sign an agreement electronically to invest and then you can chose what wallet the tokenized funds will be sent to. I imagine this step will be simplified over time.

5/ Enter DeFi I chose to receive my funds on Solana because that is the main chain I use, however I wanted to take advantage of the looping strategy on @morpho, managed by @gauntlet_xyz. So I used Securitize and Apollo's native bridge, Wormhole, to send some of my position to @0xPolygon where there is an $ACRED market on Morpho.

6/ Convert to wrapped token In order to use $ACRED within DeFi it needs to be wrapped into securitize's permissionless wrapper contract so you can utilize the asset. For this you need to sign a separate loan agreement. Updates coming soon to this to make it easier from what I understand.

7/ Deposit into DeFi Entered a pretty basic/conservative looping position via @morpho to push the yield north of 10%~

8/ Conclusions While there are still areas where this process can be improved it is important to take a step back and realize that institutions are finally coming onchain. Tokenizing an asset is one thing, but adoption in DeFi is what I will be watching. Value props: - administrative burden cut down with room for more - lower barrier to entry for investors to access these assets - settlement speed - trading hours