Lending
A16z Leads Additional $25M Round for DeFi Credit Protocol Goldfinch
Other investors in the round included noted hedge fund manager Bill Ackman, crypto investment firm BlockTower and investment management firm Kingsway Capital.
Kraken to Develop NFT Marketplace Offering Token-Backed Loans
The marketplace will determine NFTs’ liquidation value before they are used as collateral.
Crypto Lender Ledn Raises $70M in Series B Round, Readies Bitcoin-Backed Mortgage Product
The crypto lender is looking to reach over $100 million in bitcoin-backed mortgage originations.
Crypto Lender Celsius Admits Losses in $120M BadgerDAO Hack
However, the company didn’t specify the amount it lost.
Huobi Tech Launches Crypto Lending Services in Hong Kong
Huobi Tech is offering loans up to $100 million in crypto.
Celsius Network Series B Expands to $750M
The crypto lender said in October that the $400 million it raised then would reassure regulators of the credibility of its businesses.
Crypto Lender Celsius Network Invests $300M in North American Bitcoin Mining Operations: Report
The investment was made to expand its bitcoin mining hashrate and power capacity in North America, CEO Alex Mashinsky said.
Crypto Lender Nexo Makes Strategic Investment in SEC-Licensed Broker-Dealer
The firm’s investment into Texture Capital may be aimed at limiting regulatory scrutiny when it seeks to expand in the U.S.
DeFi Lender bZx Suffers Hack for Reported $55M
bZx tweeted that a private key controlling the protocol’s deployment on Polygon and Binance Smart Chain was breached.
Coinbase Users Can Borrow Up to $1M With Bitcoin as Collateral
The crypto exchange’s customers can obtain cash via their PayPal or bank accounts.
