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Cross River buys $250m of crypto-backed loans
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Cross River buys $250m of crypto-backed loans
Fintech lender Cross River Bank is set to purchase up to $250m (£187.6m) of assets from blockchain lender Figure Technology Solutions. The forward-flow agreement will support Figure’s crypto-backed lending business, providing consumers with liquidity without requiring them to sell their digital asset holdings. Through Figure’s crypto-backed loan product, borrowers can use their digital assets as […] The post Cross River buys $250m of crypto-back…
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