Loans Financial News
24.02 / 17:03
Blockchain
Banks
banking
Loans
Maple Finance partners with Celsius to launch wETH lending pool
Digital asset lending platform Celsius has become the first pool delegate from the centralized finance market to deploy a crypto-centric lending service on Maple Finance, utilizing the latter’s smart contract and blockchain infrastructure to facilitate a $30 millionpool to institutional investors.
08.02 / 00:37
defi
Funding
Loans
Testnet
open
Hashstack launches Open protocol testnet, offering under-collateralized loans
The DeFi lending and borrowing market has grown significantly in volume as new lending protocols continue to attract capital and NFT-backed loans become more popular. According to Dune Analytics, the top three platforms in terms of market capitalization are Aave, Maker, and Compound. These platforms, however, still are facing issues when it comes to collateral requirements and volatile digital assets.
30.12 / 17:21
Ethereum
defi
Investments
Loans
Backed
Genesis issues $6M NFT-backed loan to Meta4 Capital
Genesis Global Capital has completed one of its first purely NFT-backed loans for $6 million to Meta4 Capital, a Miami-based Web3 focused investment management firm. This loan is notable not just for its amount but for solely using nonfungible tokens (NFTs) as collateral instead of including broader liquid collateral. Meta4 operates as an NFT VC backed by Andreessen Horowitz, specializing in acquiring presumed rare and historically significant NFTs.
28.12 / 02:35
NFT
Tokens
Marketplace
Loans
Crypto exchange Kraken’s new NFT marketplace to issue loans
Kraken founder and CEO Jesse Powell recently shared in an interview with Bloomberg News that the crypto exchange will launch a nonfungible token (NFT) marketplace that will enable users to borrow funds against their NFTs.
16.12 / 19:05
Blockchain
defi
Investments
Loans
financing
Nexo partners with Three Arrows Capital to launch NFT lending & art financing service
Nexo, the crypto borrowing and exchange platform, has launched an NFT Lending Desk in partnership with NFT hedge fund Three Arrows Capital. The new lending desk caters to over-the-counter, or OTC, clients to offer crypto credit backed by NFTs. Nexo is one of the first crypto lenders to allow customers to borrow stablecoins, ETH, and other cryptocurrencies using certain NFTs as collateral.
11.12 / 10:25
cryptocurrency
CryptoExplainer
Loans
Are Banks Warming Up To The Idea Of Giving Loans Against Crypto Assets? Here's What Is Happening
Crypto-backed retail loans are similar to any other secured loan
09.12 / 20:17
Blockchain
defi
Trading
Loans
Borrowing
Time
Aurox taps Chainlink to secure its DeFi lending and borrowing protocol with time-tested oracle infrastructure
Many people are moving to decentralized finance (DeFi) as it offers a superior user experience compared to traditional financial services. Decentralized lending and borrowing protocols enable lenders to easily earn interest on their assets, while borrowers can seamlessly access loans with variable or fixed terms. While decentralized lending and borrowing protocols are seeing increased traction, they still face a number of challenges as the blockchain ecosystem continues to mature.
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