Lending

Financial technology company SoFi announced the phased rollout of SoFi Crypto, a new product allowing its large customer base to buy, sell, and hold dozens of cryptocurrencies directly within their main banking application.

Celsius (CEL) is the native cryptocurrency of the Celsius Network, a decentralized lending and borrowing platform built on the Ethereum blockchain.

JUST (JST) is a cryptocurrency and blockchain project build on the TRON blockchain network.

DeFiChain (DFI) is a blockchain platform that is specifically designed for decentralized finance (DeFi) applications.

UnFederalReserve Token (ERSDL), rebranded to Residual Token (eRSDL), is the native cryptocurrency token associated with the UnFederalReserve ecosystem.

The DeFi Pulse Index (DPI) is a cryptocurrency index token that represents a diversified portfolio of decentralized finance (DeFi) tokens.

NEXO is a cryptocurrency-backed lending platform that offers users the ability to borrow funds using their digital assets as collateral.

2020 is the year of DeFi. The total market value, user volume, and lock-up funds pf DeFi have skyrocketed, driving the rapid rise of decentralized lending, derivatives, decentralized stablecoins, DAOs, DEXs, oracles, etc.

CoinLoan, an Estonia-based startup, has launched a crypto-to-fiat lending platform where cryptocurrency is used as collateral. From now on, crypto-backed loans are available for users all over the world. On CoinLoan, everyone can become a lender or a borrower, on his or her own terms. The platform’s primary objective is to link counteroffers and ensure the safety of the deal.