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2 sourcesTracking since 8 Sept, 17:33

Compound Opens Institutional-Only Lending Market

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Nexo

Chronological coverage

8 September
Latest8 Sept, 17:44
Compound 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
First seen8 Sept, 17:33
Compound 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