Credit

Tokenized Apollo Credit Fund Makes DeFi Debut With Levered-Yield Strategy by Securitize, Gauntlet

DUBAI, UAE — Tokenization firm Securitize and decentralized finance (DeFi) specialist Gauntlet are planning to bring a tokenized version of Apollo’s credit fund to DeFi, a notable step in embedding real-world assets into the crypto ecosystem. The two …

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Riot Platforms Secures $100M Bitcoin-Backed Credit Line From Coinbase

Bitcoin (BTC) miner Riot Platforms (RIOT) has struck a $100 million credit agreement with Coinbase’s credit arm, using bitcoin as collateral to secure short-term funding for its ongoing expansion. The publicly traded mining firm said in a press …

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Anvil Launches DeFi Protocol for Letters of Credit

Founder Tyler Spalding sees the Ethereum-based smart contract project as a step towards creating a new form of money for payments, loans and counterparty credit in DeFi.

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