Goldfinch's RWA lending protocol has reached an agreement with the defaulting party on a $5 million loan restructuring plan.
According to BlockBeats news on September 14th, Goldfinch, an RWA DeFi lending protocol, has reached an agreement with a $5 million loan defaulting party on a loan restructuring plan. The plan may recover the $5 million loan of Tugende in its motorcycle financing project in East Africa. The terms of the agreement have not been disclosed. Michael Wilkerson, co-founder and CEO of Tugende, refused to reveal the details of the restructuring plan but promised to provide more information in the coming weeks.