Crypto-Backed Lending
Tether Invests in Ledn to Expand Bitcoin-Backed Lending Amid Surging Demand
The stablecoin issuer's investment comes as BTC-backed lending scales rapidly, with Ledn surpassing $1 billion in originations this year and positioning for global expansion.
The Node: JPM’s BTC Lending Play
One of the trends that I’m keeping an eye on is the growing availability of bitcoin-backed loans. Let’s check in on the sector real quick.
The Opportunity in High Yield Crypto-Backed Loans
BTC-backed loans could be a great way for traditional finance institutions to engage with crypto at scale, says BlockFill’s Ari Pine.
Digital Asset-Focused Bank Protego Trust Names Ron Totaro as CEO
Protego added Bitfury’s CEO to its board of directors in February.
Bitcoin Doesn’t Need Yield When Holding Will Suffice
Bitcoin yields present risks and are unnecessary.
Santander Launches Loans Backed by Tokenized Commodities Such as Soy and Corn
The Spanish banking multinational has partnered with Agrotoken, an agricultural commodities tokenization platform, to offer the loans.
Anchorage to Offer Ethereum-Backed Loans Through BankProv
This is the first time Anchorage has extended ETH-backed loans through a traditional, FDIC-insured bank.
Why Genesis, BlockFi, Ledn Are Cutting Interest Rates on Large-Scale Bitcoin Deposits
Genesis is cutting bitcoin deposit rates effective Thursday, following BlockFi's reduction last week.
Maple Finance Raises $1.4M for Its Reputation-Based DeFi Lending Platform
The funding round, led by Framework Ventures and Polychain Capital, will help to further develop and launch asset pools.
