Figure shares sink 9% as $1B lending milestone meets market volatility
In recent developments, fIGR stock retreated after a brief rally as shifting sentiment hits crypto-linked equities, even as analysts point to strong growth in the fintech’s blockchain-based lending. Looking closer,…
Paxos Labs to use $12M raise toward yield, lending, issuance tools
In recent developments, backed by Blockchain Capital, the Amplify suite aims to enable platforms to generate yield and offer lending using customer-held digital assets. Looking closer, market participants highlight key…
White House Study Finds Stablecoin Yield Ban Barely Moves Lending Needle Desp…
In recent developments, white House analysis shows stablecoin yield restrictions deliver minimal lending gains, with banking liquidity largely preserved through reserve recycling, challenging core policy assumptions behind proposed legislation. Key…
BitGo rolls out portfolio-based crypto lending platform for institutions
In recent developments, looking to streamline collateral management, the platform has enabled borrowing and lending against liquid, staked and locked assets within a single custody account. Looking closer, market participants…
DeFi lending giant Aave launches on OKX’s Ethereum L2, X Layer
In recent developments, oKX’s X Layer is the 21st blockchain to integrate Aave, which recently surpassed the $1 trillion mark in cumulative lending volume. Looking closer, market participants highlight key…
Fira launches fixed-rate DeFi lending market with $450M in deposits
In recent developments, fira debuted its fixed-rate DeFi lending protocol with $450 million in pre-launch deposits, seeking to make long-term decentralized lending rates more predictable. Looking closer, market participants highlight…
World Liberty Markets Goes Live, Giving USD1 a Lending and Borrowing Use Case
In recent developments, world Liberty Financial has launched its first web application, World Liberty Markets, introducing lending and borrowing functionality for its USD1 stablecoin through an integration with Dolomite. World…
Nexo to offer zero-interest crypto lending for BTC and ETH holders
In recent developments, the offering expands Nexo’s structured lending products to Bitcoin and Ether holders amid a broader recovery in crypto-backed lending. Looking closer, market participants highlight key drivers such…
Babylon Secures $15M Funding From A16z Crypto to Expand Bitcoin Lending
In recent developments, babylon raises $15 million from A16z Crypto to develop trustless bitcoin lending protocols. Babylon, a bitcoin staking and lending startup founded by David Tse and Fisher Yu, announced…
After bitter vote, Aave founder pitches a bigger future for DeFi lending giant
In recent developments, following a rejected governance vote, Stani Kulechov laid out a plan to expand beyond DeFi lending and reshape how tokenholders capture value. Looking closer, market participants highlight…
