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$25 Million in 2 Weeks: BlockFi Booms as Bitcoin and Ether Investors Seek Interest

BlockFi CEO Zac Prince explains in depth how the startup manages the myriad risks of lending and borrowing crypto.

chicago

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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.

US dollars

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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.

used-cars-shutterstock

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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.

https://www.shutterstock.com/image-photo/thousand-lao-lantern-ong-teu-temple-1219993246?src=jbANKJ13u6L0tznmgBMQlA-1-24

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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.

Genesis CEO Michael Moro. (Credit: CoinDesk archives)

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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.

Michael Novogratz of Galaxy Digital

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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.

BBVA headquarters, Madrid, Spain

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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.

mashinsky

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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.

Sebastian Serrano, fundador y CEO de Ripio. (Archivo de CoinDesk)

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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.

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