Maple Finance announces direct lending to fill the void left by BlockFi, Celsius

  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

Maple Finance announces direct lending program to replace lost capital from Celsius, Blockfi, Genesis, other bankrupt firms

In the June 28 announcement, the Maple team stated that it will now fulfill the role of a lender on the platform in some cases. Using its own credit underwriting expertise, it will provide capital from institutional allocators to creditworthy borrowers. This means that if a potential borrower can’t get loans from one of the other providers, the person may be able to obtain them from Maple through its Maple Direct program.

The team said it will launch its first direct lending pool sometime in July, which will focus on lending to “infrastructure, asset management, [and] liquidity providers.” The team has invited capital allocators to earn yield through the program, saying that it suits the needs of “Crypto Funds, DAOs, VCs, HNWI, Yield Aggregators, [and] Family Offices” looking for a return on their investments.

Maple will also “continue to expand its existing services,” the announcement said, implying that Maple Direct will not replace the current platform that features competing lenders. Lenders at Maple Finance suffered from the FTX and Alameda Research bankruptcies in November. Borrower Aurus Global

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 562. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Maple Finance launches direct lending arm Maple DirectThe Maple Finance direct lending service is set to launch in July, offering project-tailored deals to web3 native firms.
Источник: TheBlock__ - 🏆 464. / 53 Прочитайте больше »

Maple Finance Expands to Direct Lending Targeting Web3 Firms.maplefinance is set to open its own lending desk to web3 firms next month, aiming to fill the gap left in the crypto credit market by the implosion of centralized lenders such as BlockFi and GenesisTrading. sndr_krisztian reports
Источник: CoinDesk - 🏆 291. / 63 Прочитайте больше »