Loans
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.
Banking Giant Trials Blockchain for Issuance of Land-Backed Loans
One of the "Big Four" commercial banks in China has completed the issuance of a loan worth $300,000 using a blockchain system.
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.
