Bitwise launches non-custodial DeFi vault as asset managers move on-chain

The initial strategy focuses on USDC stablecoin lending through overcollateralised pools on Morpho. Bitwise said the strategy currently targets returns of up to 6%, depending on market conditions. The launch signals a broader shift by asset managers toward building and managing on-chain infrastructure source: https://coinjournal.net/news/bitwise-launches-non-custodial-defi-vault-as-asset-managers-move-on-chain/