Sentora has launched a new lending vault on Morpho accepting the mWIN token as collateral, representing a fixed-income credit portfolio managed by Wellington Management, the US asset manager with $1.3 trillion in assets. Loans are denominated in PYUSD, PayPal’s dollar-pegged stablecoin. The mWIN token, issued on August 5 through a Luxembourg securitization vehicle in partnership with Wellington Management and Northern Trust as custodian, targets approximately 5 percent yield. Sentora manages $2.14 billion in total value locked, making it the second-largest operator in the DeFi sector. This structure allows holders to borrow without selling their underlying credit exposure, with yield continuing to accrue on the collateral side.
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