Nexo, the crypto borrowing and exchange platform, has launched an NFT Lending Desk in partnership with NFT hedge fund Three Arrows Capital. The new lending desk caters to over-the-counter, or OTC, clients to offer crypto credit backed by NFTs. Nexo is one of the first crypto lenders to allow customers to borrow stablecoins, ETH, and other cryptocurrencies using certain NFTs as … [Read more...] about Nexo partners with Three Arrows Capital to launch NFT lending & art financing service
Financing
Kazakhstan Passes Law to Monitor Crypto Services for Money Laundering, Terrorism Financing
Companies issuing digital assets, or providing fiat on-ramps and crypto trading services would have to notify Kazakhstan’s Ministry of Digital Development, Innovation and Aerospace Industry when they launch their services or shut them down, Sputnik said. Source link … [Read more...] about Kazakhstan Passes Law to Monitor Crypto Services for Money Laundering, Terrorism Financing
Infrastructure platform Quicknode raises $35M in Series A financing
Quicknode, a Miami based blockchain infrastructure platform, announced the completion of a $35 million Series A round of financing on Wednesday, led by Venture Capital firm Tiger Global. Seven Seven Six, Soma Capital, Arrington XRP Capital, Crossbeam and Anthony Pompliano also participated in the round. This follows a $5.3 million seed round back in March, and brings the total … [Read more...] about Infrastructure platform Quicknode raises $35M in Series A financing
Spanish stock exchange ready to test blockchain-based SME financing system
Spanish stock exchange Bolsas y Mercados Españoles, or BME is set to test its blockchain infrastructure for small- and medium-sized enterprise financing following a successful pilot run back in 2020.According to Finextra on Friday, this next set of trials by the BME will involve businesses that are part of the country’s SME financing ecosystem under the aegis of a regulatory … [Read more...] about Spanish stock exchange ready to test blockchain-based SME financing system