Figure Acquires Kiavi for $717M
@FigureTech agrees to acquire Kiavi for $717M, integrating AI real estate lending onto blockchain. Sixth Street supports the deal, targeting $7B+ annual loan volume. #Update #Blockchain
Crypto Lending
DeFi Giant Morpho Raises $175M at $2B
Morpho raises $175M from Paradigm, A16z Crypto, and Ribbit at a $2B valuation as its TVL hits $6.6B, highlighting institutional DeFi demand. #Update #Crypto
Wintermute Launches $10B DeFi Lending Network
Wintermute launches Armitage on Morpho with two USDC vaults, enhancing DeFi lending with institutional risk management and liquidity. Plans include cross-chain expansion. #Update #DeFi
Blockfills CEO Nicholas Hammer Steps Down
@Blockfills CEO Nicholas Hammer has resigned amid $75 million losses and suspended client withdrawals; Joseph Perry is interim CEO. The firm is seeking a buyer. #Update #Crypto $BTC $ETH
Blockfills Up for Sale After $75M Loss
@Blockfills, backed by Susquehanna, seeks a buyer after $75 million losses and halted withdrawals amid market downturn. Bitcoin trades under $70K, while Ether remains below $2K. #Update #Crypto $BTC $ETH
Sberbank Launches Crypto-Backed Loans Initiative
@Sberbank is set to offer crypto-backed loans, having issued Russia’s first bitcoin-backed loan to IntelionData, with digital asset issuance reaching RUB 408 billion ($5.3 billion) in 2025. #Update #Crypto $BTC
Bitcoin Lending Surges Amid Market Recovery
@GregoryMall discusses the resurgence of bitcoin-backed lending, highlighting the shift towards stricter risk management in CeFi and a robust recovery in DeFi credit markets. #Update #Crypto $BTC
Maple Finance Launches On-Chain Credit Strategies
@MapleFinance and @ElwoodTech partner to enhance institutional access to digital asset credit markets, addressing operational challenges for banks and asset managers. #Update #Crypto $BTC $ETH
Crypto Lending Platform Adds New Tokens
@CompoundFinance adds $ETHENA and $MNTL tokens to its lending platform as stablecoins and liquid staking tokens continue driving DeFi’s TVL growth. • #Update • #Crypto • @CompoundFinance • (+3) • ↗