Lending

Figure Technologies

Figure Raises $200M, Valuing Blockchain Mortgage Firm at $3.2B

Jamie CrawleyMay 20, 2021

The investment was led by 10T Holdings and Morgan Creek Capital Management and included contributions from new and existing investors.

Opinion

MakerDAO on Collision Course With Banking Regulators

JP KoningMay 10, 2021

As MakerDAO rolls out real estate loans, banking regulators are unlikely to ignore DeFi banks, our columnist says.

Funding Rounds

Crypto Lending Firm Ledn Raises $30M From Alan Howard, Coinbase and More

Daniel PalmerMay 26, 2021

Kingsway Capital, Coinbase Ventures, Susquehanna and other investors also participated in the Series A round.

Funding Rounds

Babel Finance Raises $40M From Zoo Capital, Sequoia Capital, Tiger Global

Jamie CrawleyMay 10, 2021

The investment is the first foray into Asia's crypto finance industry for Zoo, BAI Capital and Tiger Global Management.

DeFi

Notional Raises $10M to Grow DeFi Lending Protocol With ‘Real World’ Potential

Danny NelsonApr 29, 2021

The Ethereum-based lending startup is seeing users take out crypto loans for more than just yield farming.

Lending

Genesis Trading

DeFi Pushes ETH Loans at Genesis to New Highs as BTC Rates Drop

Nate DiCamillo

ETH loans now make up 27% of Genesis’ loan book, as hedge funds get more comfortable with DeFi.

Wall Street

Here’s How the Archegos Debacle May Have Spilled Over to Bitcoin

Muyao Shen

The difference between bitcoin futures premium on CME and other crypto exchanges has widened since the end of March, when Bill Hwang’s troubles surfaced.

Lending

Why Genesis, BlockFi, Ledn Are Cutting Interest Rates on Large-Scale Bitcoin Deposits

Damanick Dantes

Genesis is cutting bitcoin deposit rates effective Thursday, following BlockFi's reduction last week.

Lending

Trading Platform Abra Will Now Lend Fiat Money for Crypto Collateral

Jamie Crawley

Abra Borrow will initially be available in 35 U.S. states, as well as globally.

DeFi

DeFi Lending Platforms Liquidate Record $115M in Loans as ETH Price Drops

William Foxley

You can send an Ethereum transaction, or you can buy yourself a steak dinner.

Ethereum

$25M in DeFi Loans Liquidated as Ether Price Falls

William Foxley

The three-month high liquidation volume comes as Ethereum fees in dollar terms set a new record mark of $29 per basic transaction.

Lending

Canadian Crypto Lender Ledn Raises $2.7M for Emerging Markets Expansion

Daniel Palmer

After growing in Latin America, the firm wants to bring its micro-loans and stablecoin savings features to other emerging markets.