Private creditWound down

Goldfinch Prime

Wound down after governance vote GIP-87 (June 2026); investors redeemed.

Value (USD)—Unverified

Wallet holders—Unverified

Minimum investmentUnverified

Yield—Unverified

Overview

Goldfinch Prime was a USDC pool on Base that gave KYC-verified non-US investors exposure to interests in large private credit funds and BDCs run by managers such as Apollo, Ares and Golub. Investors held GPRIME pool tokens, and the legal claim took the form of contingent payment notes issued by Heron entities and backed by the fund interests. Goldfinch governance approved its wind-down in June 2026.

Equity interests in third-party private credit funds and BDCs (e.g. Ares Strategic Income Fund; managers incl. Apollo, Ares, Golub), mainly senior secured loans

Product structure

Lowest eligible investor type: Not verified

US persons: Excludes US persons

Investor eligibility: KYC-verified investors not resident in unsupported countries; the US and UK were excluded

Classification of public offering terms, not a determination of your eligibility. Check the offering documents.

Legal wrapper: Contingent payment notes issued by Heron entities, referencing fund equity interests
Domicile: Unverified
Regulatory status: Unverified
Asset segregation: Unverified
Custodian: Unverified
Fund administrator: Unverified
Auditor: Unverified
Transfer agent: Unverified
Tokenization agent: Unverified
Proof of reserve: Unverified

Redemption & liquidity

Redemption terms: No lockup; quarterly redemption requests handled on a best-effort basis, targeted within one quarter, in USDC. During the wind-down, all investors were redeemed automatically plus one extra month of interest.
Secondary liquidity: Limited; also offered through the Nest vault on Plume
Yield mechanism: Distributions of underlying fund dividends (monthly/quarterly) net of fees

Fees

0.5% p.a. management fee and 0.5% withdrawal fee to the Goldfinch protocol

On-chain information

Base

Token standard: Unverified
Transfer restrictions: KYC-gated

Contract addresses: unverified

Notes & material events

WOUND DOWN: governance proposal GIP-87 passed around 23 June 2026. It put Goldfinch into maintenance mode and shut Prime for lack of adoption, and investors were fully redeemed. Goldfinch's legacy v1 borrower pools (separate from Prime) suffered widespread defaults and restructurings, about USD 50m reported, with loan recovery now handled by a restructuring trust. On 2 December 2025 a legacy Ethereum contract was exploited for about USD 330k affecting one user; Goldfinch said its V2/V3 vaults were unaffected. One secondary source (Coinpaprika) describes Prime as for US accredited investors, which conflicts with the Goldfinch FAQ excluding US persons.

Revision history

No published revisions.

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