SignalCrypto

Crypto lending vaults are now a ~$10B market, and S&P Global launched a Vault Risk Assessment framework for them. Deposits are up from $1.5B two years ago. The same day, a $6M Base vault incident show

Context

What happened: A new crypto vehicle called vaults, where "curators" act like fund managers, has channeled billions of dollars into risky lending and drawn attention from regulators. Why it matters: The growth of vaults has attracted regulatory scrutiny, signaling potential oversight for a vehicle that operates like a fund. Key numbers: Billions of dollars channeled into risky lending.

SPGI

$473.59

+1.08%

COIN

$127.64

-2.31%

What changed

A new crypto vehicle called vaults, where "curators" act like fund managers, has channeled billions of dollars into risky lending and drawn attention from regulators.

Why it matters

The growth of vaults has attracted regulatory scrutiny, signaling potential oversight for a vehicle that operates like a fund. Key numbers: Billions of dollars channeled into risky lending.

Sources