ChipsCoinDeskabout 13 hours ago
Bitcoin lending enters institutional era: SVB
1 min read
Bitcoin lending has shifted toward overcollateralization and institutional risk management after the failures of BlockFi, Celsius and Genesis. Total crypto-backed lending reached $67 billion, up 49% year over year. Ledn completed the first investment-grade-rated BTC-backed ABS, and the Lightning Network may improve lending speed.
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