SALT, a crypto-collateralized online lending platform, announced on last week that beginning October 1st it will offer the just released PAX Gold (PAXG) as a collateral type for clients seeking to use their digital assets as collateral to secure a USD loan. The online lender… Read More
Read more in: Blockchain & Digital Assets | Tagged collateral, cryptocurrency, digital currency, pax gold, paxg, salt
Collateral, a UK-based peer to peer lending platform, has reportedly gone into administration after trading without a proper license. According to various reports, a letter was sent to investors from the company’s administrator, named Gordon Craig, that stated the company was operating in the belief that… Read More
Read more in: Investment Platforms and Marketplaces, Global | Tagged administration, collateral, fca, financial conduct authority, online lending, p2p, peer to peer, uk, united kingdom
Would a “Safe Room,” a storage facility filled with 80 tonnes of silver and a tonne of gold, worth about S$120 million total, increase your confidence about participating in a peer-to-peer loan platform? Silver Bullion, a Singapore-based bullion retailer, is counting on it. The company just launched… Read More
Read more in: Asia | Tagged collateral, crowdfunding, funding societies, gold, gregor gregersen, loan, p2p, peer to peer, risk, silver, silver bullion, singapore, SME
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