Decentralized finance (DeFi) has started eating up syndicated loans.Announced Thursday, Maple Finance, a lending platform that specializes in liquidity pools made up of institutions, has launched its first DeFi syndicated loan for Alameda Research, the trading firm affiliated with global cryptocurrency exchange FTX.In the traditional world, a syndicated loan is financing … [Read more...] about Maple Finance Launches First DeFi Syndicated Loan for Alameda Research
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Maple Finance Launches Permissioned Institutional Lending Pool With Blocktower, Genesis
“The whole opportunity is, how do you bridge the crypto world and the ‘real’ world, or the traditional finance world? There’s $10 trillion in corporate bonds every year, there’s 50 million small-to-medium sized enterprises in India [alone] and there’s a $300 billion credit gap there,” he said. “Crypto lenders lending to real-world borrowers – we’re excited about DeFi being able … [Read more...] about Maple Finance Launches Permissioned Institutional Lending Pool With Blocktower, Genesis