2 sourcesTracking since 8 Sept, 17:33
Compound Opens Institutional-Only Lending Market
Chronological coverage
First seen8 Sept, 17:33Compound Opens Institutional-Only Lending Market
The market lends USDC against ETH, wstETH, WBTC and cbBTC to whitelisted institutions only, at loan-to-value ratios of up to 87%. Compound says it was oversubscribed at launch, with DeFi Saver, K3/Nexo, KPK and Yearn taking part.
The Defiant•The Defiant Team
Latest8 Sept, 17:44Compound Foundation opens institutional-only lending market in biggest DeFi pivot yet
Compound's pivot to institutional lending could redefine DeFi's regulatory landscape, attracting traditional finance and boosting protocol growth.
CryptoBriefing•Editorial Team