Coinbase Unveils New Lending Service Focused on Institutions

Coinbase, a leading cryptocurrency platform, recently launched a specialized lending service geared towards institutional clients in the U.S., stepping in where previous market players like Genesis and BlockFi faltered. This development was discreetly made public on September 1, when a filing with the U.S. Securities and Exchange Commission (SEC) unveiled that an impressive $57 million had already been secured for this venture. Details from an insider reveal that clients can lend their money, primarily in the form of cryptocurrency assets, to Coinbase. In return, theyll receive...



source: https://tokenpost.com/Coinbase-Unveils-New-Lending-Service-Focused-on-Institutions-10629

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