Crypto-Backed Lending

Protego Trust Bank CEO Ron Totaro (Protego Bank)
Digital Asset-Focused Bank Protego Trust Names Ron Totaro as CEO
Protego added Bitfury’s CEO to its board of directors in February.
Protego Trust Bank CEO Ron Totaro (Protego Bank)

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Santander Launches Loans Backed by Tokenized Commodities Such as Soy and Corn
The Spanish banking multinational has partnered with Agrotoken, an agricultural commodities tokenization platform, to offer the loans.
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Diogo Mónica, co-founder and president, Anchorage
Anchorage to Offer Ethereum-Backed Loans Through BankProv
This is the first time Anchorage has extended ETH-backed loans through a traditional, FDIC-insured bank.
Diogo Mónica, co-founder and president, Anchorage

LoanMosh8
Why Genesis, BlockFi, Ledn Are Cutting Interest Rates on Large-Scale Bitcoin Deposits
Genesis is cutting bitcoin deposit rates effective Thursday, following BlockFi's reduction last week.
LoanMosh8

Maple FInance
Maple Finance Raises $1.4M for Its Reputation-Based DeFi Lending Platform
The funding round, led by Framework Ventures and Polychain Capital, will help to further develop and launch asset pools.
Maple FInance

BlockFi CEO Zac Prince
CEO Says BlockFi Is Lending to Crypto Miners as Other Providers Pull Back
Crypto lending platform BlockFi has begun extending credit to miners as competition for their business has eased during the coronavirus crisis.
BlockFi CEO Zac Prince

Credit: Shutterstock
Here’s Why Interest Rates on Cryptocurrencies Could Be a Game-Changer
The growth in crypto lending platforms is giving birth to a new type of valuation metric: interest rates.
Credit: Shutterstock

Zhao Dong spoke at cryptocurrency event in March 2018 hosted by Mars Finance. Zhao's image courtesy to Mars Finance
Bitfinex Investor's Crypto Lending Startup Posts $2.3M in 2019 Revenue
China-based RenrenBit has disclosed it took $600,000 in net income from revenue of $2.3 million in 2019.
Zhao Dong spoke at cryptocurrency event in March 2018 hosted by Mars Finance. Zhao's image courtesy to Mars Finance