A look at the search for additional revenue streams from crypto investments, and what that says about the evolution of the asset class.
Staking Startup Claims ‘Up to 30%’ Returns for Just Holding Crypto
Battlestar Capital says customers can earn “up to 30 percent” return annually by staking their idle cryptocurrency holdings.
TrueUSD Stablecoin Holders Can Get ‘Up to 8%’ Interest Via CredEarn
Holders of the dollar-pegged stablecoin TrueUSD can now leverage their funds to earn interest through crypto lender Cred.
$25 Million in 2 Weeks: BlockFi Booms as Bitcoin, Ether Investors Seek Interest
BlockFi CEO Zac Prince explains in depth how the startup manages the myriad risks of lending and borrowing crypto.
Morgan Creek Joins $65 Million Series B for Blockchain Home Equity Loan Firm
Blockchain-based home equity loan startup Figure Technologies has raised $65 million in a round backed by Morgan Creek.
2 Crypto Startups Want to Put 10 Million Used Cars on a Blockchain
The Fusion Foundation is joining forces with the Automotive eXchange Platform to put 10.5 million used cars on a blockchain.
Dharma Labs Raises $7 Million From Green Visor, Coinbase and Polychain
Offering a trustless lending product that “simply ‘can’t be evil,'” Dharma Labs just raised $7 million from some big-name investors.
Crypto Lender Genesis Capital Processed Nearly $1.1 Billion In 2018
Institutional crypto loans provider Genesis Global Capital says it processed more than $1.1 billion in lends and borrows in 2018.
Novogratz’s Galaxy Digital Backs $4 million Raise for Crypto-Lender BlockFi
BlockFi, a startup that offers U.S. dollar loans against crypto collateral, has raised $4 million from Mike Novogratz’s Galaxy Digital and others.
BBVA Puts $150 Million Syndicated Loan on Ethereum Blockchain
Banking giant BBVA has completed a pilot that put a $150 million syndicated loan for Spain’s electrical grid operator on the blockchain.
VOIP Pioneer Says New Startup Is Paying Users Interest on Millions in Crypto
Led by Alex Mashinsky, crypto lending startup Celsius says it’s paying thousands of users interest for depositing bitcoin and ether in its wallet app.
Ripio Rolls Out Crypto-Powered Loans Across Latin America
Ripio is driving mainstream adoption among the unbanked of South America, offering crypto loans in Argentina, Mexico, and Brazil.
Crypto-Backed Loan Provider SALT Expands to 35 US States
Cryptocurrency-backed loan provider SALT Lending announced it will now serve customers in 20 new U.S. states on Wednesday.
Bank of Queensland Rules Out Crypto Purchases With Mortgage Funds
The Australian retail bank has revised its loan agreements to prohibit borrowers from using mortgages to purchase cryptocurrency.
Chinese Banks to Put Credit Blacklist on a Shared Blockchain
The banking arm of Chinese retail giant Suning is testing a blockchain that would allow banks to share a ledger of users with bad credit scores.
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.
BBVA Issues $91 Million Loan Using Two Blockchains
Spanish banking giant BBVA has completed a pilot that issued a $91 million corporate loan using two different blockchain technologies.
Cash for HODL? NY Wealth Manager to Issue Loans Against Bitcoin
New York family office Dominion Capital is launching a product for a new breed of consumer that’s “crypto rich” but low on cash.