Crypto lending platform Block Earner completes $8 million in new round of financing, led by Titan Fund

According to Odaily Planet Daily, Australian crypto lending platform Block Earner has announced the completion of a new $8 million funding round, led by Titan Fund, a subsidiary of Hong Kong-based CMCC Global, with participation from local Australian investment firm King River Capital. The new funds will be used to advance the launch of its Bitcoin-backed home loan deposit product, allowing customers to use their Bitcoin and other digital assets as collateral for personal loans. The product will reportedly allow repayments in Australian dollars, Bitcoin, or a combination of the two. (Smartcompany)