Fence raises $20M from Galaxy to tokenize $6T asset-backed finance market
Fence netted $20 million from Galaxy Digital to tokenize a $6 trillion asset‑backed finance market that still runs on manual,…
Tag: AssetBacked
Apollo Took 100% Loss on Asset-Backed Loan Deemed Protected
Apollo Global Management Inc. took a roughly $170 million hit after an asset-backed financing for Amazon brand aggregator Perch was…
Trump’s Greenland reversal sparks crypto sell-off; Holders shift to asset-backed models delivering up to $6,600 a day
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes…
As crypto markets stall, some investors turn to asset-backed contracts generating over 3,000 XRP in daily settlements
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes…
Asset-backed finance is growing fast and drawing new scrutiny
A version of this article appeared in CNBC’s Inside Alts newsletter, a guide to the fast-growing world of alternative investments,…
DevvStream Completes $10M Initial Funding to Launch $300M Asset-Backed Digital Infrastructure and Sustainability Strategy
This content is provided by a sponsor. PRESS RELEASE. CALGARY, Alberta–(BUSINESS WIRE)–DevvStream Corp. (Nasdaq: DEVS) (“DevvStream” or the “Company”), a…
Concord Raises $1.7 Billion Through Asset-Backed Security
Concord has raised $1.765 billion through an asset-backed security (ABS), the company formally announced on Tuesday (July 22), issuing a…