Tag: Loans

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Bitcoin-backed loans belong in the cost-of-capital conversation

Welcome to our institutional newsletter, Crypto Long & Short. This week:Alec Beckman on why BTC-backed lending is not a crypto story, but a capital...

Bitcoin-Backed Loans Could Hit $1 Trillion, Ledn Says — But Most Crypto Holders Still Haven’t Borrowed

A new report from Bitcoin lending platform Ledn is putting a big number on a market that barely exists yet: $1 trillion. The company...

PayJoy Crosses 20 million Customer Milestone with $3.5billion in Financed Loans

PayJoy, an emerging markets credit provider and Public Benefit Corporation, has officially reached 20 million customers globally. Operating heavily across Latin America, Africa, and...

How Bitcoin Loans Are Powering New Homebuyers

For CJ Konstantinos, the case for Bitcoin-backed mortgages is personal. In 2019, he paid 100 Bitcoin for a house. That bitcoin is...

Strike CEO Jack Mallers Announces Lending Proof-of-Reserves, Volatility-Proof Loans, And Backs Tether Merger Plan

Strike CEO Jack Mallers announced a series of product updates and strategic moves Wednesday, including the launch of lending proof-of-reserves, a new...

Figure and Hastra Add Auto Loans to Tokenized Credit Platform

Figure and Hastra are adding auto loans to their tokenized credit platform, expanding the types of real-world assets available to decentralized finance (DeFi) investors...

Kraken Launches Flexline Crypto-Backed Loans with 10–25% APR

Crypto exchange Kraken has launched Flexline, a crypto-backed loan product that allows Kraken Pro users to borrow against their digital asset holdings without selling...

Coinbase Integrates XRP, DOGE, ADA, LTC for Crypto Loans

Coinbase is expanding crypto-backed loans, adding XRP, DOGE, ADA, and LTC as collateral and unlocking up to $100,000 in USDC borrowing, accelerating digital asset...

Dogecoin and Ripple-linked token holders now eligible for U.S. loans

Coinbase is expanding its crypto-backed lending product in the U.S. to include XRP, DOGE$0.09820, Cardano's ADA and LTC$53.43, widening access to a service it...

ETHZilla to Tokenize $4.7 Million in Manufactured Home Loans on Ethereum Layer 2

ETHZilla plans to tokenize the loan portfolio into a cash-flow-generating manufactured home loan token.ETHZilla has announced its acquisition of a portfolio comprising 95 manufactured...

Coinbase’s Crypto-Backed Loans Notch Record Liquidations Amid Bitcoin, Ethereum Plunge

In brief Thousands of Coinbase users lost money this week as crypto-backed loans soured. The exchange’s users have faced $170 million in liquidations over the past...

Russia’s Sberbank to Start Issuing Loans Backed by Crypto Collateral

Sberbank, Russia’s largest bank, stated that it was preparing to roll out a program of crypto-backed loans for corporate customers. The institution stressed that...