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July 24, 2018 10:23 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/bafsBUJIzmk/
BlockFi just gathered up $50 million to lend to bitcoin and ethereum holders who dont want to cash out (yet)
Because cryptocurrency prices are almost comically volatile owing to challenges involved in valuing them, it’s hard to know when or why to sell. Enter crypto-asset backed loans, around which a small but growing number of startups is beginning to spring up. The idea is to lend money to cryptocurrency holders who don’t want to offload […]Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/bafsBUJIzmk/
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