Bitwise launches leveraged PPLUS RWA Vault targeting over 10% net yield

• —Bitwise designs the strategy, positions and leverage parameters, while Ember handles vault operations and trade execution
• —Holdings include PST (cross-border payment financing), sUSDai (AI GPU loans) and PRIME (tokenized claims backed by prime residential equity)
• —PPLUS targets a net yield above 10%
• —The vault is restricted to non-US investors and deposits may be partially or fully lost