Blockchain financial infrastructure platform FinChain, incubated by Fosun Wealth Holdings, has partnered with institutional open finance platform Plume to introduce FLEX & FINO, a leveraged on-chain yield enhancement strategy built around its yield-bearing real-world asset token FUSD.
FUSD is backed by tokenized short-term U.S. Treasuries and compliant money market funds, with reserves maintained at a minimum 100% collateralization ratio and held by designated custodians, according to FinChain. The new strategy allows users to deposit FUSD as collateral, borrow USDC against their holdings, and place the borrowed funds into liquidity pools. Participants continue receiving FUSD’s underlying yield while pursuing additional returns from liquidity provision.
FinChain said the product carries a projected annualized return of up to 7.2% under baseline assumptions and includes a 90% utilization cap as a risk control. However, actual performance may vary with borrowing costs, pool returns, and market conditions; FinChain has not announced any guaranteed return. The leveraged looping mechanism increases exposure and also introduces liquidation, borrowing, liquidity, and smart contract risks.
Redemptions follow a T+2 settlement cycle, while interest settlements take place over periods ranging from T+14 to T+30. FinChain described the launch as the first product delivered through its strategic partnership with Plume. FinChain CEO Zhao Chen said the partnership is part of the company’s plans for institutional RWA products, while Plume CEO Chris Yin said the goal is to move tokenized assets from issuance to genuinely usable financial applications.
Plume has spent much of 2026 working with financial companies to introduce tokenized investment products. In October, Plume launched nBND, a tokenized vault backed primarily by shares of Fidelity’s Total Bond ETF. Earlier in June, Plume partnered with Bybit to introduce fixed-income vaults through the exchange’s Earn platform, and a separate agreement with Ether.fi involved a planned $100 million allocation to a yield-bearing RWA vault.
Separately, FinChain has completed a KuCoin integration enabling FUSD to participate in the exchange’s RCMS staking mirror solution. Total value locked in FLEX & FINO will be displayed through Plume’s Partner Protocol and Nest Protocol after launch, though no initial TVL figure was disclosed.
