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
Read more in: Global, Investment Platforms and Marketplaces | Tagged cdp, italy, sergio zocchi
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
Read more in: Investment Platforms and Marketplaces, Global | Tagged cdp, italy, october, online lending, sergio zocchi
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
Read more in: Blockchain & Digital Assets, Global | Tagged cdp, collateralized debt positions, crypto-assets, dai, dao, decentralized finance, decentralized lending, defi, digital assets, distributed autonomous organization, eth, ether, ethereum, lending, maker foundation, makerdao, stablecoin, stablecoins
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