# What is Brila?

[**Brila**](https://brila.finance/) is modular infrastructure for powering the next generation of decentralized finance from RWA lending to NFT liquidity.

BrilaRWA connects lenders, borrowers, and portfolio managers via smart contracts governed by the [BRLA token](https://docs.brila.finance/brila-protocol/brla-token).

Since its launch in November 2020, BrilaRWA (formerly TrueFi) has originated more than $1.7bn in loans to >30 borrowers and paid more than $40mm in interest to protocol participants. 

Borrowers include both leading crypto-focused institutions and "real world" firms, such as fintech companies, trading firms, and credit funds.