
The cryptocurrency lending market is experiencing a resurgence, with significant interest from institutional players. Recent data indicates that Compound Blue has seen $5.5 million borrowed against $10 million in collateral. Adam Sporn, Head of Prime Brokerage and U.S. Institutional Sales at BitGo, noted that the majority of current demand for borrowing in digital assets is centered around cash. This trend highlights the increasing integration of traditional finance (TradFi) into the crypto space, necessitating the development of familiar financial frameworks on-chain. Companies like Term Finance and Term Labs are recognized for their efforts in building these essential financial rails.




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Crypto lending is making a comeback—and institutional players are stepping in. “The majority of the demand for borrowing today in digital assets is around cash,” said Adam Sporn, Head of Prime Brokerage and U.S. Institutional Sales at BitGo. “It has been a constraint because
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