Florence Finance was created to act as a bridge between digital asset owners (cryptocurrency lenders) and real-world borrowers, allowing them to interact in a transparent and mutually beneficial fashion.
At Florence Finance we kill two birds with one stone:
- We provide a crypto-agnostic (uncorrelated) real-world yield to an ecosystem that today is still overly dependent on trading fees, spreads & inflationary incentive schemes ("ponzinomics").
- Address the societally significant SME funding gap that exists to varying degrees in developing and developed markets all over the globe.
Florence Finance works with existing SME lenders to gain access to diverse SME credit exposure by providing an alternative source of funding to Lenders with a proven track record of success in sourcing and managing specific types of SME credit.
Florence Finance seeks to be the most efficient and transparent wholesale funder (re-distributor) of such diversified SME credit exposure by creating a platform to enable real-world loans to be used as collateral in tried and tested DeFi primitives (loan vaults) to facilitate the efficient funding thereof, without the use of leverage or fractional reserves.
This RWA tokenisation creates a plethora of RWA-backed yield-bearing digital assets (tokens/instruments) that are freely transferable and fully composable with other DeFi protocols. We believe this will be a major driver in the next wave of crypto adoption.