eToro has secured a $250 million revolving credit facility from a syndicate of major global banks, the company announced Monday, bolstering its …
Credit
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DeFi
Sky’s new DeFi protocol Grove launches with $1B backing to bring institutional credit onchain
by shayaanby shayaanSky Protocol’s decentralized finance network has launched a new institutional-grade credit protocol with a $1 billion investment into tokenized credit. Grove, a …
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Barclays bank has announced it will block customers from using Barclaycard credit cards to buy crypto starting June 27 The move was …
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DeFi Development (DFDV), the Nasdaq-listed firm pursuing a solana SOL treasury strategy, is planning to get some more dry powder to boost …
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Regulation
Lawmakers push back on Trump’s stablecoin plan via credit card crackdown
by shayaanby shayaanA fresh battle on Capitol Hill is throwing the fate of a bill that would define the future of digital money in …
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The tokenized private credit market is quietly emerging as one of the fastest-growing sectors in real-world assets (RWA), with over $13.3 billion …
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U.S. stocks were little changed Monday as investors reacted to Moody’s Ratings stripping the U.S. of its last triple-A credit grade and …
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DeFi
Apollo’s Tokenized Credit Fund Set for Solana DeFi Debut as RWA Trend Expands
by shayaanby shayaanA tokenized version of a major private credit fund managed by Apollo will arrive on Solana’s SOL$164.84 decentralized finance (DeFi) ecosystem, bringing …
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Riot Platforms tapped on its Bitcoin holdings to secure and upsize the credit facility. Bitcoin mining in the United States has helped …
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The US has completely lost its highest credit rating, AAA, following the downgrade decision by Moody’s, the last of the leading credit …