Paxos Labs to use $12M raise toward yield, lending, issuance tools
Backed by Blockchain Capital, the Amplify suite aims to enable platforms to generate yield and offer lending using customer-held digital assets.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Backed by Blockchain Capital, the Amplify suite aims to enable platforms to generate yield and offer lending using customer-held digital assets.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Paxos Labs and Theo bet tokenized commodities can do more than sit there
Tokenized commodities' shift to yield-bearing assets could democratize access to institutional-grade returns, reshaping investment...
FTX Bitcoin Bet Takes an Unexpected Turn as SWI Group Raises $900 Million
SWI Group has raised €800 million from institutional investors at a €6.1 billion valuation. The Singapore-incorporated, Amsterdam-...
This Sam Altman-Backed Life Insurer Runs Entirely on Bitcoin, and Just Raised $37.5 Million
The Bermuda-based insurer, which runs entirely on Bitcoin, drew the funding from existing backers led by Bain Capital Crypto after...
Bitcoin Life Insurer Meanwhile Raises $37.5M as Wealthy Families Look to Pass On Their BTC
Bitcoin Magazine Bitcoin Life Insurer Meanwhile Raises $37.5M as Wealthy Families Look to Pass On Their BTC Meanwhile, the first l...
Aave’s USDG rollover plan has a yield below most quoted borrowing rates
Aave’s proposed USDG rollover would let borrowers carry their stablecoin debt into a new fixed-yield USDG position, but the replac...
XRP’s next Wall Street expansion comes with an unexpected complication from Ripple
Evernorth is preparing to begin trading on Nasdaq on Monday, bringing approximately 473 million XRP into a publicly traded treasur...