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Loans

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Markets
Venture capital
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
By Brady Dale
Feb 5, 2019 at 2:00 p.m. UTC
Feb 5, 2019
Venture CapitalstartupsLoansNewsinvestmentsPolychain CapitalCoinbase Ventures
Genesis CEO Michael Moro. (Credit: CoinDesk archives)
Markets
Loans
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)
By Nikhilesh De
Jan 30, 2019 at 2:00 p.m. UTC
Jan 30, 2019
LoansNewsTradingGenesis Capitalbusiness news
Michael Novogratz of Galaxy Digital
Markets
Investment
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
By Yogita Khatri
Dec 12, 2018 at 2:20 p.m. UTC
Dec 12, 2018
investmentLoansNewsFunding RoundsinvestorsGalaxy DigitalBlockFiMorgan Creekbusiness news
BBVA headquarters, Madrid, Spain
Markets
Loans
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
By Yogita Khatri
Nov 7, 2018 at 9:00 a.m. UTC
Nov 7, 2018
LoansBankingNewsBBVABNP ParibasMitsubishi UFJ Financial Groupuse-cases-verticals
mashinsky
Markets
Startups
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
By Leigh Cuen
Oct 5, 2018 at 12:30 p.m. UTC
Oct 5, 2018
startupsEthereumLoansBitcoininitial coin offeringsbitcoin walletCrypto WalletsFeatures
Ripio founder and CEO Sebastian Serrano
Markets
Exchanges
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.
Ripio founder and CEO Sebastian Serrano
By Leigh Cuen
Sep 5, 2018 at 1:00 p.m. UTC
Sep 5, 2018
ExchangesArgentinapaymentsBrazilstartupslatin americasmart contractsLoansBankinginitial coin offeringsFeaturesuse-cases-verticalsbusiness news
default image
Markets
Loans
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.
default image
By Nikhilesh De
Aug 8, 2018 at 12:00 p.m. UTC
Aug 8, 2018
LoansNewsSaltBreaking
Agricultural bank of china
Markets
China
Banking Giant Trials Blockchain for Issuance of Land-Backed Loans
One of the "Big Four" commercial banks in China has completed the issuance of a loan worth $300,000 using a blockchain system. 
Agricultural bank of china
By Wolfie Zhao
Jul 31, 2018 at 6:00 a.m. UTC
Jul 31, 2018
ChinaSecurityBlockchain TechnologyLoansBankingNewsrepublishedAgricultural Bank of Chinause-cases-verticalsbusiness news
Contract terms
Markets
Australia
Bank of Queensland Rules Out Crypto Purchases With Mortgage Funds
The Australian retail bank has revised its loan agreements to prohibit borrowers from using mortgages to purchase cryptocurrency.
Contract terms
By Wolfie Zhao
Jul 12, 2018 at 12:00 p.m. UTC
Jul 12, 2018
AustraliaCryptocurrencyLoansBankingRegulationNewsAsia PacificMortgagesrepublishedbusiness news
suning
Markets
Blockchain technology
Chinese Banks to Put Credit Blacklist on a Shared Blockchain
The banking arm of Chinese retail giant Suning is testing a blockchain that would allow banks to share a ledger of users with bad credit scores.
suning
By Wolfie Zhao
Jun 14, 2018 at 8:00 a.m. UTC
Jun 14, 2018
Blockchain TechnologyLoansBankingNewsbusiness news