The $2 billion digital-asset investment firm is betting that lending tied to the real economy will become one of crypto's largest markets. Its new 'Catapult' program will provide venture funding, product structuring, liquidity, market making, and distribution for tokenized credit products, focusing on areas like trade finance, asset-backed securities, and real estate credit. CEO Viktor Fischer stated the firm expects the market to reach $10 trillion to $20 trillion by 2030, seeking new yield sources of "12% plus, uncorrelated to crypto."