The fund, offered by the startup’s investment management arm, Meanwhile Advisors, aims to attract institutional investors with a 5% yield.
Circle Rolls Out Open-Source Protocol to Help Build Tokenized Credit Markets
Perimeter Protocol, an open-source smart contract codebase dedicated to credit facilitation, is the first development of Circle Research.
Crypto Lenders Caused Crypto Contagion Last Year. How Is the Industry Rebuilding?
After bankruptcies tore apart the crypto lending, the industry is attempting to rebuild in a sustainable and accountable manner.
DeFi and Credit Risk
As a potentially disruptive sector, DeFi must set aside some of its lofty ideals, for now, and focus on financial solutions with demonstrable global demand and adoption.
Tokenization News Roundup: Resource Extraction, Social Media Monetization and Real World Connections
Crypto Lender Exactly Hit by $12M Bridge Exploit
Exactly Protocol, a decentralized credit market on the Optimism (OP) blockchain, has been targeted by a bridge exploit worth as much as $12 million.
Crypto Lender Credix Brings Additional Private Credit Pool on Solana With 11% Yield
Decentralized finance platform Credix opens a trade receivables lending pool with Solana Foundation among investors.
Maple Finance Expands to Direct Lending Targeting Web3 Firms
The firm aspires to fill the gap in crypto lending left by the implosion of centralized lenders such as BlockFi and Genesis.
Lending Platform Atlendis Deploys Upgrade on Polygon, Opens $2M Lending Pool for Banxa
Atlendis Labs is a blockchain-based credit marketplace that offers revolving credit lines for small and medium-sized businesses and fintech firms.
S&P Global, Coinbase Back $6M Fundraise for Crypto Firm Credora
The startup provides technological infrastructure for institutional credit across centralized and decentralized finance.
Circle and BlockFi questioned on banking with SVB by Warren and AOC
Circle and BlockFi executives were questioned after the lawmakers accused SVB of “coddling” and giving “white glove” treatment to its largest depositors.
M11 Credit Resumes Crypto Lending on Maple Finance After FTX-Spurred Pause
The firm introduced an upgraded credit underwriting process and appointed a new head of credit. The developments came after M11 Credit suffered $36 million of loan defaults on lending protocol Maple Finance following FTX’s November collapse.
Securities Platform DEFYCA to Release Tokenized Private Debt Protocol on Avalanche
DEFYCA’s launch highlights the growing trend of bringing tokenized versions of traditional markets like debt to blockchains.
Crypto trading firm Auros Global misses DeFi payment due to FTX contagion
Auros is an algorithmic trading and market-making firm that provides liquidity for exchanges and token projects.
UBS raises US recession odds to 60%, but what does this mean for crypto prices?
Analysts believe the possibility of a recession in the US is increasing and this could be an important stress test for cryptocurrencies.
BlockFi starts shipping Visa-backed Bitcoin rewards credit cards
Cardholders will earn a percentage back in Bitcoin instead of airline miles or other cashback rewards
Federal Reserve official: Stablecoin growth is ‘exponential,’ deserves ‘attention’
Boston Federal Reserve President Eric Rosengren notes that Tether could be a “disruptor” to short term credit markets.
Crypto Exchange Offers Credit Lines so Institutions Can Trade Now, Pay Later
LGO Markets is taking an unusual step for a cryptocurrency exchange by letting clients trade without pre-funding accounts.
Arrington-Backed Startup Launches Crypto-for-Cash Credit Platform
A crypto lending startup backed by TechCrunch founder Michael Arrington launched a U.S. dollar credit platform on Monday.
Spring Labs Raises $15 Million to Build Credit Data Blockchain
Spring Labs, an identity- and credit-focused blockchain startup, has raised $14.75 million in a seed funding round.