2022-11-26 13:31 |
Bitmain-backed crypto lender Matrixport is the other half of a new funding round targeting a $100 million raise.
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The biggest crypto lender in Asia- Matrixport, aims to raise funding of $100 million amidst the recent FTX turmoil. Is crypto lending still popular? The post Crypto Lending Still Popular as Biggest Lender in Asia Aims to Raise $100 Million appeared first on BeInCrypto.
2022-11-26 23:04 | |
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Singapore-based Matrixport is out to raise funds. The firm, which is among the largest crypto-lenders in Asia, is seeking a funding of $100 million amid a brutal market for lenders as the crypto-indusThe post Matrixport looking to raise $100M amid industry-wide lending crisis appeared first on AMBCrypto.
2022-11-25 19:30 | |
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Bitmain’s spin-off offering crypto trading solutions that was created an year ago is seeking to be valued at $300 million after its latest funding round, CoinDesk reports. Matrixport which was started by Jihan Wu, Bitmain’s co-founder, is expecting to raise $40 million in its upcoming funding round which will see the firm’s value shoot to […]
2020-3-4 21:29 | |
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Wu Jihan-based crypto trading firm Matrixport is looking to raise $140 million in a new funding round
2020-3-5 20:11 | |
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Matrixport began pitching investors a few weeks ago with the aim of raising $40 million.
2020-3-4 18:00 | |
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Matrixport, a crypto assets financial services startup launched by Bitmain Technologies co-founder Wu Jihan, plans to raise $40 million in a funding round that would value it at $300 million, people familiar with the matter told Bloomberg.
2020-3-4 14:00 | |
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Aave now controls 51. 5% of the DeFi lending market share, the first time any protocol has crossed the 50% threshold since 2020. The milestone arrives not through competitor collapse but through steady accumulation: Aave's $33.
Aave now controls 51. 5% of the DeFi lending market share, the first time any protocol has crossed the 50% threshold since 2020. The milestone arrives not through competitor collapse but through steady accumulation: Aave's $33.
Decentralized credit protocol Maple reported that none of the platform users’ positions were liquidated during the Feb. 2 price crashes, resulting in no bad debt. It also reported that users deposited $10 million to reinforce their margins over the period to avoid liquidation events.
NYDIG, Stone Ridge’s subsidiary that offers Bitcoin-backed loans, is preparing to expand its offering through float financing, according to the firm’s 2024 investor letter. The letter rebuts common objections to Bitcoin’s (BTC) utility, suggesting that it can generate cash flow through sales and serve as collateral for fiat loans.
The potential deployment on a Bitcoin layer-2 by the largest DeFi lending protocol highlights the appetite for harnessing the original blockchain for purposes that are commonplace elsewhere in the crypto ecosystem.
DeFi is poised to create a future where financial services are digital, open, always-on, and borderless, says Bill Barhydt, ceo, Abra.
Celsius' bankruptcy administrator has distributed more than $2.53 billion to some 251,000 creditors, it said in its first status report.