# Maple

> Maple is an onchain asset manager and institutional credit platform that originates overcollateralized digital-asset loans and packages the resulting interest into yield-bearing products such as syrupUSDC, syrupUSDT, and syrupUSDG. Founded by Sidney Powell and Joe Flanagan, it connects institutional borrowers with crypto-native, institutional, and fintech capital while publishing loan, collateral, and performance data onchain.

- **Founded:** 2019
- **Headquarters:** Melbourne, Australia
- **Founders:** Sidney Powell (Co-Founder and CEO), Joe Flanagan (Co-Founder and Executive Chairman)
- **Team size:** 83 employees listed in the supplied company data; LinkedIn publicly displayed 11-50 as the company-size band.
- **Products:** Maple Institutional, syrupUSDC, syrupUSDT, Proof of Reserves, Maple Borrower Hub
- **Notable:** Launched a $17 million inaugural lending pool in May 2021., Reached $1 billion of cumulative loan originations within ten months of launch., Reported $11.27 billion of loans originated during 2025 across 60 unique borrowers.

## Products & services

- **Maple Institutional** — Permissioned, secured lending and yield strategies for eligible institutional allocators and borrowers.
- **syrupUSDC** — A yield-bearing USDC asset whose returns are generated primarily by Maple-originated, fixed-rate, overcollateralized institutional loans.
- **syrupUSDT** — The USDT-denominated version of Maple’s composable institutional-credit yield product.
- **Proof of Reserves** — Third-party verification, produced with The Network Firm, of collateral backing syrupUSDC and syrupUSDT loans and approved custody arrangements.
- **Maple Borrower Hub** — An institutional operations console for multi-entity loan views, permissions, payments, refinancing, statements, and LTV scenario analysis.
- **syrupUSDG** — A USDG-denominated institutional-credit product launched for Ethereum and Robinhood Chain distribution.

## Achievements

- Launched a $17 million inaugural lending pool in May 2021.
- Reached $1 billion of cumulative loan originations within ten months of launch.
- Reported $11.27 billion of loans originated during 2025 across 60 unique borrowers.
- Grew reported AUM from $516 million at the start of 2025 to $4.59 billion at year-end.
- Distributed $65 million in yield to depositors during 2025.
- Reported more than $23.98 billion in cumulative borrowing and approximately $4.28 billion AUM in mid-2026.
- Added independent proof-of-reserves reporting for syrupUSDC and syrupUSDT in 2026.
- Expanded institutional-credit distribution to Robinhood Chain with syrupUSDG in July 2026.

## Latest updates

- **2026-05** — Launched third-party proof of reserves for syrupUSDC and syrupUSDT with The Network Firm.
- **2026-05** — Introduced the Maple Borrower Hub for institutional loan operations and multi-entity treasury management.
- **2026-06** — Announced a warehouse facility with Kraken for digital-asset-backed loans.
- **2026-07** — Launched syrupUSDG on Ethereum and Robinhood Chain, with Morpho, Paxos, and Steakhouse Financial supporting the distribution stack.
- **2026-07** — Published a Q2 ecosystem update describing the first half of 2026 as a record period.

## Links

- Website: https://maple.finance/
- LinkedIn: https://www.linkedin.com/company/maplefinance/
- Twitter/X: https://x.com/maplefinance
- GitHub: https://github.com/maple-labs

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Profile page: https://yespress.io/maple
Published by YesPress — https://yespress.io
Last updated: 2026-08-19