Cryptocurrency Analysis and News Portal
After $50 million in fresh capital, crypto lender BlockFi has now raised nearly $100 million in the past 12 months. Announced Thursday, the latest round, a Series C, was led by Anthony Pompliano’s Morgan Creek Digital. (It’s the second-largest round to be led by the VC firm, with Figure’s $103 million
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BlockFi has managed to attract new funding from investors. At the moment, BlockFi has $1.5 billion in crypto assets on its lending platform and is producing a little less than $10 million per month in revenue.New York-based Bitcoin lending firm, BlockFi announced on August 20 that it has raised $50
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United States-based TradeStation, a subsidiary of Japanese firm Monex Group, is planning to launch a crypto lending service.The plan was announced in Monex’s earning report published on July 29. Called “Crypto Earn” the new lending service is “C2B2B” that lends institutions borrowed assets from clients. Last November, TradeStation launched a cryptocurrency
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The Tel-Aviv Stock Exchange (TASE: TASE) announces the first-ever launch in Israel of a Central Blockchain Securities Lending Platform, an
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With blockchain solutions gaining a global traction, Israel’s Tel Aviv Stock Exchange (TASE) has launched a blockchain platform that will enhance peer-to-peer Securities Lending.The Tel Aviv Stock Exchange (TASE) has announced an innovative financial technology solution with the launch of a Central Blockchain Securities Lending Platform, the first-ever in Israel.
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The new blockchain platform can facilitate peer-to-peer trading and allow the securities lending market to reach its full potential, the exchange said. Source
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Silvergate Bank continued to add a steady drip of crypto customers in the second quarter of 2020 but its issuance of bitcoin-collateralized loans grew by $10 million, outperforming the growth of its real estate loan book by 10x. According to its latest earnings report, released Monday morning, the bank’s traditional loan
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Crypto lending, one of the fastest-growing industries in the blockchain ecosystem, has made it possible to earn yields and borrow capital using digital assets.According to a report by research company Credmark, the volume of crypto-backed loans increased seven-fold in 2019, ultimately reaching $8 billion.Experts speculate that crypto lending will attract
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Cryptocurrency Lending Giant Celsius Network is getting US$10M from lead investor – the largest stablecoin issuer Tether – who own 90 per cent market share in
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Compound’s governance token will be available for distribution to all users of the decentralized finance (DeFi) protocol beginning on June 15.According to a June 10 tweet from Compound, the lending platform responsible for the major DeFi protocol completed a testnet trial of its COMP token as part of a governance
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