DeFi Startup Brings Corporate Lending Terms to Miners, Traders and Market Makers
Updated Dec 18, 2020 at 3:34 p.m. UTC
DeFi Startup Brings Corporate Lending Terms to Miners, Traders and Market Makers
Loan terms are about to get a lot better in decentralized finance (DeFi), at least for some.
“What we’re allowing is top institutions with solid balance sheets, sound reputations and strong cash flows soon being able to access capital-efficient finance, which enables further growth and adoption of crypto globally,” Sidney Powell, co-founder and CEO of Maple Finance, told CoinDesk in a phone call.
Maple Finance is a new firm out of Australia releasing a token-governed platform for institutional lending at extremely competitive collateralization terms and fixed rates that won’t change for borrowers in good standing.