Banks

Blockchain-Backed Loans Hit $582M, Doubling Yearly Figures
Blockchain

Blockchain-Backed Loans Hit $582M, Doubling Yearly Figures

Blockchain-based lending is rising, showing a significant uptick, with the value of active tokenized private credit reaching $582 million. This marks a whopping 128% increase from the figures recorded just a year ago, according to data from real-world asset loan tracker RWA.xyz. Despite falling from the $1.5B peak in June 2022, the resurgence reflects growing […]

Dec. 18, 2023