{"id":311886,"date":"2021-11-19T07:29:50","date_gmt":"2021-11-19T12:29:50","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=311886"},"modified":"2021-11-20T01:29:03","modified_gmt":"2021-11-20T06:29:03","slug":"maple-finance-launches-defi-syndicated-loan-with-alameda-research","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/maple-finance-launches-defi-syndicated-loan-with-alameda-research","title":{"rendered":"Maple Finance launches DeFi syndicated loan with Alameda Research"},"content":{"rendered":"
Alameda Research and Maple Finance have joined hands to launch the first syndicated loan in the decentralized finance (DeFi<\/a>) sector. Alameda Research is a fintech investment firm headed by San Bankman Fried, the CEO of the FTX exchange.<\/p>\n The partnership with Maple finance, an institutional capital marketplace that deals in digital assets, will launch the first syndicated loan in the DeFi sector. Through Maple Finance, Alameda Research will offer loans to accredited non-US financial institutions using the single-borrower DeFi lending pool.<\/p>\n Alameda Research will be the sole borrower of the pool. It will leverage its popularity in the market to receive better prices in loans. Some of the lenders who will be involved in this new initiative include CoinShares, Abra and Ascendex.<\/p>\n The firms have already set aside $25 million, and they are planning for this pool to hit $1 billion over the next year. Other firms that have fulfilled AML\/KYC compliance will also be included in this pool.<\/p>\nLaunching decentralized syndicated loans<\/h2>\n