The startup is pulling real-world e-commerce financing onchain. Rather than trading yield, it packages the repayment cash flows of online merchants — think Amazon sellers waiting on payouts — into tokenized, yield-bearing vaults, with credit underwriting handled by cross-border e-commerce lender Dowsure.

That financing is already live through partner vaults on BNB Chain (via Lista DAO) and Sui (via Volo), where the yield comes from real merchant repayments rather than token emissions.