News with the tag "Loan"

SoFi CEO Anthony Noto said the company is preparing to re-enter the crypto market and integrate blockchain technology across all major business lines, as regulatory conditions continue to improve. The comments came during an interview with CNBC , where Noto outlined a strategy to make crypto and blo...

Bitwise Asset Management has made its decentralized finance (DeFi) debut via an allocation with Maple Finance. The firm’s decision to wade into DeFi will grant it access to on-chain credit markets with regulatory compliance at the heart of the partnership. Bitwise Makes First DeFi Allocation Through...

Milo, a financial technology company offering crypto mortgage lending, has surpassed $65 million in total loan volume for its crypto-backed mortgage product. The milestone highlights the growing demand for alternative financing solutions and reinforces the role of Bitcoin (BTC) and Ethereum (ETH) as...

Sixth Street, a private equity firm with over $100 billion in assets under management, has backed blockchain-based lending platform Figure Technology Solutions with a $200 million investment. Figure and Sixth Street revealed the investment in a press release on Feb. 27. The two firms have formed a j...

In a dramatic turn of events in the crypto lending landscape, Bybit exchange has made a substantial move to alleviate its financial obligations. The exchange recently repaid a whopping 47,800 ETH, equivalent to approximately $113.97 million, to a lender linked to Binance. This significant Bybit loan...

Bitcoin financial services firm Onramp has partnered with lending platform Arch to introduce a bitcoin-backed lending service, the companies announced. The new product allows BTC holders to secure loans while keeping ownership of their assets, a move aimed at investors looking to access liquidity wi...

Founder: Nicolas Burtey Date Founded: September 2019 Location of Headquarters: United States Number of Employees: 11 Website: https://www.galoy.io/ Public or Private? Private Last week, Galoy launched Lana, software that enables banks to accept bitcoin as collateral for loans. Lana helps community a...

Propy, a real estate tokenization firm, is introducing crypto-backed mortgage services to the real-world assets, aiming to change how people purchase real estate. According to a news release , Propy has announced the first-ever crypto loan that will enable prospective real estate buyers to access on...

What Is Net Pay Advance? Net Pay Advance is an online financial service offering quick and convenient payday loans to individuals in need of short-term financial solutions. Designed for those facing unexpected expenses or needing funds before their next paycheck, Net Pay Advance simplifies borrowing...

Coinbase now lets users borrow up to $100,000 in USDC without selling bitcoin, offering flexible repayment, tax advantages, and instant access to funds via its streamlined platform. Borrow USDC Without Selling Bitcoin: Coinbase Introduces New Loan Feature Crypto exchange Coinbase (Nasdaq: COIN) anno...