The promises of Bitcoin-backed loans for institutional portfolios | Opinion

2024-11-5 14:06

For institutional investors, Bitcoin-backed lending presents a compelling alternative to traditional fixed-income investments. origin »

Social Lending Token (SLT) на Currencies.ru

$ 0.0001433 (+5.86%)
Объем 24H $12
Изменеия 24h: 11.94 %, 7d: -0.82 %
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bitcoin-backed institutional alternative compelling traditional investments fixed-income

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Celsius bankruptcy plan faces backlash from retail crypto borrowers claiming institutional bias

Retail crypto borrowers are filing objections to Celsius Network’s bankruptcy reorganization plan, arguing it unfairly favors institutional lenders over retail clients like himself. Johan Bronge, an angel investor who took out several bitcoin-backed loans from Celsius before its bankruptcy, said in a letter to the court that the plan allows institutional lenders to repay their […] The post Celsius bankruptcy plan faces backlash from retail crypto borrowers claiming institutional bias appeared first on CryptoSlate.

2023-9-21 09:42