InfiniFi launches Prime, a liquid private credit product targeting neobanks and consumer finance applications.
DeFi & Yields ·
InfiniFi has launched Prime, a senior liquid private credit product designed for neobanks and consumer finance applications. The product represents an entry into the growing segment of private credit moving onchain, where loans made by non-bank lenders are being tokenized and integrated into decentralized finance infrastructure.
Private credit traditionally refers to loans extended by asset managers and private debt funds to borrowers outside the regulated banking system, typically structured as senior secured obligations. In the traditional market, these positions are relatively illiquid and updated infrequently, but the shift toward onchain versions aims to introduce liquidity while maintaining the yield characteristics that institutional investors seek. InfiniFi's Prime product targets specific use cases within consumer finance, where speed and flexibility of capital deployment are valued.
Details regarding Prime's tokenization structure, funding sources, and timeline for availability remain unclear from the available material.