Connect with us

Hi, what are you looking for?

The Savage DiaryThe Savage Diary

Entertainment

Coinbase to launch new lending platform aimed at large institutional investors – One America News Network

Published


By Jaiveer Shekhawat

(Reuters) – Crytocurrency exchange Coinbase Global is launching a digital asset lending platform aimed at large institutional investors, a company spokesperson told Reuters on Tuesday.

Advertisement

Coinbase has raised $57 million for its new crypto-lending platform, a regulatory filing showed.

The crypto industry, which was reeling from several high profile failures, got a boost last week after a three-judge panel ruled that the Securities and Exchange Commission (SEC) was wrong in rejecting Grayscale’s proposed bitcoin ETF without explaining its reasoning.

Coinbase last month had secured approval to offer cryptocurrency futures to U.S. retail customers, scoring a major regulatory win.

(Reporting by Jaiveer Singh Shekhawat in Bengaluru; Editing by Shailesh Kuber)

Advertisement. Scroll to continue reading.

tagreuters.com2023binary_LYNXMPEJ840XD-BASEIMAGE




By: OAN

Loading

Advertisement
In this article:,
Comments
Comments

You May Also Like

Entertainment

147 Republicans Vote to Reauthorize FISA Program

with Rep. Tim Burchett By: OAN Advertisement

December 19, 2023

Entertainment

Luke’s Wings Provides Complimentary Airfare to Wounded, Ill and Injured Service Members – One America News Network

To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to...

December 19, 2023

Entertainment

Why You Should Be Getting Your House In Order

with Sean Whalen By: OAN Advertisement

December 19, 2023

Entertainment

Where’s The Beef In Washington D.C.? – One America News Network

OAN’s Katie Smith10:16 AM – Monday, December 18, 2023 There seems to be a war on cattle in D.C. From the supposed climate crisis linked...

December 19, 2023

Entertainment

Biden’s Hostage Strategy Falls Short When Compared To Trump’s – One America News Network

OAN’s Chanel Rion10:39 AM – Monday, December 18, 2023 There are eight American hostages still in the grasp of Hamas terrorists. While President Joe Biden...

December 19, 2023

Entertainment

Majority Of Americans Aged 18-24 Think Israel Should ‘Be Ended And Given To Hamas’ – One America News Network

Israelis wave their national flags during a march next to the Western Wall on May 13, 2018 in Jerusalem, Israel. (Photo by Lior Mizrahi/Getty...

December 19, 2023

Entertainment

Man Arrested After Bomb Threat Leads to Evacuation Of Fort Lauderdale-Hollywood Intl. Terminal – One America News Network

Planes sit at their gates after the Fort Lauderdale-Hollywood International Airport on April 13, 2023 in Fort Lauderdale, Florida. (Photo by Joe Raedle/Getty Images)...

December 18, 2023

Entertainment

Wall Street Journal Obtains Unseen Photos Of Bill Gates And Alleged Epstein Victim – One America News Network

(L) Pedestrians walk past the Wall Street Journal building at 1155 6th Avenue May 1, 2007 in New York City. (Photograph by Michael Nagle/Getty...

December 18, 2023
Advertisement
Back