$4.475M+ DeFi

What they're building

3F is a vault protocol built on Morpho that gives DeFi users one-click leveraged exposure to tokenized real-world assets. The mechanism: a user selects a tokenized RWA vault (tokenized credit funds, arbitrage strategies, real estate income), sets their desired leverage, and 3F handles the rest. It coordinates flash loans through bridge facilitators, manages the borrow loop on Morpho on the user's behalf, and handles liquidations automatically. What would normally require manual position management, understanding of Morpho's borrow mechanics, and coordination across multiple protocols happens in a single transaction. On the lender side, depositing stablecoins into 3F's Morpho-powered vaults earns yield from the aggregated RWA looping demand. The yield source does not move with crypto prices. It comes from real-world arbitrage and credit strategies. The 3F x Steakhouse vault is already live on Morpho. When the borrow-side activates, lenders earn yield from RWA looping demand, a countercyclical yield source that scales as more traditional asset managers bring tokenized products onchain.

Why this matters

The tokenized RWA market has crossed ~$23 - 36B+ billion in 2026, with traditional asset managers including Baillie Gifford now deploying tokenized credit products at production scale. The tools for leveraging those positions have not kept pace. Professional investors in traditional finance can access leverage on credit funds easily. DeFi users cannot, not because the assets are not onchain, but because the coordination infrastructure does not exist. 3F is that infrastructure. Maven11 is the most important signal in the cap table. They are the pre-eminent DeFi-native VC in Europe: early in Aave, Balancer, and the Morpho ecosystem. Their lead on this round is a direct statement about the RWA leverage primitive being the next category of DeFi infrastructure. F-Prime Capital (Fidelity's VC arm) participating alongside Susquehanna Crypto and GSR means the round has both DeFi-native and institutional financial credibility. That combination is rare at seed.