Lending

Lending

Finance

Tokenization Pioneer Centrifuge Unveils Lending Market With Morpho, Coinbase

The institutional real-world asset lending market combines Coinbase’s layer-2 network, Base, and Morpho Vaults using three varieties of tokenized Treasury bills.

Lucas Vogelsang (left) and Base creator Jesse Pollak at the 2023 RWA Summit in New York City. (Centrifuge)

Finance

Celsius' Bankruptcy Plan Administrator Pays Out Over $2.5B

The distributions were made in liquid cryptocurrency and cash at Jan. 16 prices to roughly two-thirds of all eligible creditors by number and 93% by value.

Money (Alexander Mils/Unsplash)

Opinion

After 2022’s Bust, Scars Are Healing In Crypto Lending

Innovative structures, attractive yields, and stronger risk management capabilities are driving a recovery in institutional crypto lending markets, says Craig Birchall, head of product at Membrane, an institutional loan management software provider for digital asset markets.

(Igor Kyryliuk & Tetiana Kravchenko/ Unsplash+)

Tech

Chaos Labs Raises $55M as Demand Grows for On-Chain Risk Management

The influx of capital comes as Chaos Labs, founded in 2021, looks to expand its platform, designed to address the growing need for automated risk management in decentralized finance (DeFi).

The Chaos Labs team has raised $55M in Series A funding (Chaos Labs)

Finance

Crypto for Advisors: Bitcoin and Lending

Bitcoin’s emergence in collateral structures has the potential to revolutionize the lending landscape. Its ability to mitigate credit risk amid escalating uncertainties highlights its transformative power.

(Rodion Kutsaiev/ Unsplash+)

Finance

Crypto Lending Firm Morpho Bags $50M in Funding Round Led by Ribbit Capital

The strategic funding round included a16z, Coinbase Ventures, Variant, Pantera and Brevan Howard.

Paul Frambot, CEO Morpho Labs (Morpho)

Finance

COMP Token Rises as Whale Backs Down on Supposed 'Governance Attack' on Compound

A new staking product will be offered instead of what Humpy and the Golden Boys initially proposed.

(CoinDesk Indices)

Finance

Dakota Emerges From Stealth to Provide Bank-Like Services to Crypto Depositors

The crypto-native company, which says it is attempting to right the wrongs of centralized lenders like Celsius, emerged from stealth on Wednesday.

Screenshot of Dakota's bank account dashboard

Finance

Defi Protocol UwU Lend Suffers $19.3M Exploit: Arkham

The protocol was set up by Quadriga CX co-founder "Sifu."

(Kris/Pixabay)

Finance

Bitcoin ETFs, Bankruptcy Paybacks Have Given Crypto Lending a Second Wind

Crypto lending firm Ledn survived the crypto winter by being "boring, slow and safe," according to a co-founder.

Ledn co-founders Mauricio Di Bartolomeo (left) and Adam Reeds (Ledn)