Pendle Secures High-Profile Institutional Alliance While Bitcoin Faces Major Outflows Amid Macro Concerns
Pendle Secures High-Profile Institutional Alliance While Bitcoin Faces Major Outflows Amid Macro Concerns
In a week reflecting contrasting trends within the crypto ecosystem, the Pendle protocol has achieved a significant milestone by participating in an International Finance Corporation (IFC) delegation to Vietnam. This noteworthy inclusion places Pendle alongside traditional finance heavyweights such as BlackRock, Morgan Stanley, and Deutsche Bank, signaling robust institutional interest and growing legitimacy for specific decentralized finance projects.
Conversely, the broader cryptocurrency market, spearheaded by Bitcoin, experienced substantial institutional sell-offs, amounting to $414 million in one week. This significant outflow, according to CoinShares, marks the first major institutional divestment in five weeks, largely attributed to escalating concerns over geopolitical conflicts, particularly the prolonged Iran conflict, and persistent global inflation, with the United States leading the outflows.
Singapore, Singapore, 31st March 2026, Chainwire
The Pendle protocol has been announced as a participant in a Vietnam IFC delegation, standing alongside prominent traditional finance institutions such as BlackRock, Morgan Stanley, and Deutsche Bank. This participation underscores a significant step towards mainstream institutional engagement for the DeFi project.
Meanwhile, institutional investors have collectively divested $414 million from Bitcoin and other crypto assets within a single week, according to data from CoinShares. This substantial outflow represents the first major sell-off in five weeks, driven by heightened anxieties regarding the prolonged Iran conflict and rising inflation. The United States notably accounted for the majority of these outflows.