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Loans News

Loans are certain amounts of money given by an individual, organization or government to the another entity. The recipient is usually obliged to return the loan with additional interest. Loans are one of the driving forces of current economies and a crucial part of the financial sector. Loans can take various forms and may include loans in goods, fiat money loans, cryptocurrency loans, etc. The practice of crypto loans is new and has its flaws, mostly connected to the high volatility and technical difficulties inherent to cryptocurrency. However, Bitcoin (BTC) loans are already available in several BTC loan sites, some of which provide a rather quick Bitcoin loans procedure. Cryptocurrency loans may become the new standard for receiving loans — due to the high speed of transaction, the trusted distributed ledger and inclusion of information technologies.
News
Novogratz's Galaxy Digital is planning to launch a funding round for crypto lending in March, according to an unconfirmed report.
Unconfirmed: Novogratz’s Galaxy Digital to Raise $250 Million to Offer Crypto Loans
Helen Partz
2019-01-24T18:24:00+00:00
4801
News
Spain’s second largest bank, Banco Bilbao Vizcaya Argentaria, has closed a €150 million loan using blockchain technology.
Major Spanish Bank BBVA Closes €150 Mln Loan With Porsche Holding Using Blockchain
Marie Huillet
2018-12-14T14:35:00+00:00
7392
News
Russia’s non-profit copyright society plans to launch a blockchain-powered platform for managing intellectual property-secured loans.
Russian Authors' Society to Launch Blockchain Platform for Intellectual Property Loans
Helen Partz
2018-11-19T16:46:00+00:00
5212
News
Crypto loans company Salt, once associated with Erik Voorhees, is facing an SEC probe over its 2017 $50 million token sale and whether Voorhees’ involvement bro...
WSJ: SEC Opened Probe into Erik Voorhees, Crypto Loans Firm Over 2017 $50 Mln Token Sale
Marie Huillet
2018-11-16T10:17:00+00:00
16860
News
Banco Bilbao Vizcaya Argentaria (BBVA) has carried out a blockchain-based syndicated loan of $150 million with BNP Paribas and MUFG.
BBVA Leads Blockchain-Based Syndicated Loan of $150 Million with BNP Paribas and MUFG
Helen Partz
2018-11-07T12:06:00+00:00
4592
News
U.K.-based bank Natwest will integrate a new blockchain platform underpinned by R3 Corda technology for use in the syndicated loans market.
Natwest Bank Launches R3 Corda Blockchain-Based Syndicated Lending Platform
Marie Huillet
2018-10-18T16:39:00+01:00
4580
News
Genesis Global Trading says it has seen an “incredibly strong reception” from institutional clients
Cryptocurrency Loans Company Genesis Processes $550 Million in First Six Months
William Suberg
2018-10-18T16:34:00+01:00
9037
News
Mike Novogratz’s merchant bank Galaxy Digital has led a $52.5 million fundraising round for crypto-lending firm BlockFi.
Novogratz’s Galaxy Digital Leads $52.5 Mln Fundraising Round for Crypto-Lending Firm
Helen Partz
2018-07-25T04:42:00+01:00
16137

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