Fosun Wealth-Backed FinChain and Plume Launch FLEX & FINO, a Leveraged Looping Yield Strategy for FUSD

November 4: According to PR Newswire, FinChain, an RWA platform incubated by Fosun Wealth Holdings, announced the joint launch with Plume of on-chain yield-enhancement strategies FLEX & FINO. Users post FUSD as collateral to earn its native yield, then borrow USDC and deploy it into liquidity pools for additional yield. The product has a 90% utilization cap, with expected annualized yield of up to 7.2% under base-case assumptions. Redemption settlement is T+2, and interest settlement runs from T+14 to T+30. FUSD is backed by tokenized U.S. short-term Treasury bills and compliant money market funds, with a collateralization ratio of no less than 100%. The product is the first deliverable of the two parties' strategic partnership.