Crypto Lending


Markets

BlockFi Hires Credit Suisse, Prudential Execs to Drive Global Expansion

Crypto lender BlockFi has hired two execs from traditional finance to help launch a bitcoin rewards card and build out business teams in Europe and Asia.

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Finance

Genesis CEO Details 'Black Thursday' Chaos in Q1 Lending Report

Crypto lender Genesis Capital increased its loan book to $649 million during a tumultuous Q1 marked by wild fluctuations in the price of bitcoin.

Genesis CEO Michael Moro. (Credit: CoinDesk archives)

Finance

BlockFi Raises Deposit Rates as Bitcoin Crash Juices Loan Demand

Market makers and proprietary traders are taking out more crypto loans after the second-largest price drop in bitcoin created a new, more volatile market.

BlockFi CEO Zac Prince

Finance

$100M+ in Margin Calls: Crypto Lenders Demand Collateral as Market Buckles

“As of five minutes ago, everyone who needed to post collateral has,” Genesis CEO Michael Moro said Friday afternoon.

PAY UP: "As of five minutes ago, everyone who needed to post collateral has,” one lender said Friday. (Credit: Shutterstock)

Markets

BitGo Reveals Bitcoin Lending Push; $150M Booked So Far

With big banks still mostly eschewing the 11-year-old digital-asset industry, a new breed of lenders is stepping into the void to meet the demand. Enter BitGo.

BitGo CEO Mike Belshe

Finance

Crypto Lender Babel Hits $380M in Outstanding Loans

Chinese cryptocurrency lending startup Babel Finance said it has reached a record of $380 million in outstanding loans as of February.

Flex Yang, co-founder of Babel Finance

Markets

Compared to Traditional Banks, Crypto Lenders See Booming Growth

A lukewarm U.S. economy is making big banks like JPMorgan Chase struggle to produce fast loan growth - even with interest rates close to historic lows. Yet, in the white-hot cryptocurrency industry, lenders are burgeoning.

Genesis CEO Michael Moro