Tagged: cdp

Italy: Cassa Depositi e Prestiti Backs October

CDP Cassa Depositi e Prestiti has invested €25 million in the October SME V fund. October Italy CEO Sergio Zocchi thanked Cassa Depositi e Prestiti, noting the bank joins other European investors, such as European Investment Fund (EIF), Bpifrance, and Invest-NL, who will lend to… Read More

Italy: Cassa Depositi e Prestiti Invests €20 Million in October SME IV Fund

Cassa Depositi e Prestiti SpA (CDP) an Italian investment bank founded in 1850 in Turin that is largely owned by the Italian government, has decided to invest in digital lender October’s SME fund. According to a statement by CDP, the bank has committed €20 million… Read More

Decentralized Finance Protocol MakerDAO Shuts Down Single Collateral Lending System, Will Move to Multi-Collateral System

MakerDAO, a leading Ethereum-based lending system, is preparing to move to a multi-collateral DAI (MCD or Dai) system. The protocol’s community has closed down the single-collateral Dai (Sai) system, as the decentralized finance (DeFi) solution gets ready for the transition. MCD had been activated on… Read More

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