Credix Finance launches private lending pool on Solana, with investors including Solana Foundation and Keyrock.
2023-07-26 13:41
Odaily News: DeFi lending market Credix Finance announced on Wednesday that it has launched a new private credit lending pool using Solana. Qualified investors can deposit USDC into the pool to earn profits. The initial investors in the pool include the Solana Foundation and digital asset market maker Keyrock.
Credix Finance provides insured private credit loans to Colombian farmers with accounts receivable as collateral. Borrowers can earn an annual yield of almost 11%. The company believes that, given the capital demand in Colombia, the size of the aforementioned fund pool may expand to $150 million in the coming months. (CoinDesk)
Credix Finance provides insured private credit loans to Colombian farmers with accounts receivable as collateral. Borrowers can earn an annual yield of almost 11%. The company believes that, given the capital demand in Colombia, the size of the aforementioned fund pool may expand to $150 million in the coming months. (CoinDesk)
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