Mu Digital brings Asia’s best yields onchain, giving everyday DeFi users access to high-quality Asian sovereign and corporate borrowers traditionally reserved for high net worth individuals and institutions. 

The protocol is built by ex-investment bank executives (ex BofA Merrill Lynch, UBS), active in Web3 since 2021, and is backed by UOB (top-3 ASEAN bank) and crypto institutions including CMS Holdings, Signum Capital, and Cointelegraph Accelerator.

Products are backed by:

• Government & corporate bonds
• Proprietary private credit deals

These investments are sourced thru the existing networks of Mu Digital’s Co-Founders, who between them have $200 billion of Asia focused capital markets deal origination experience. 

The initial portfolio focuses on investment grade bonds with a credit rating higher than BBB. The choice of an average rating for the backing assets of BBB is deliberate as BBB companies have a historical default rate of <1% in any given 3 year period which partially mitigates the credit risks of lending to non government counterparties.