FalconX and Ethena launch $1 billion institutional lending facility

AI Summary Cryptocurrency broker FalconX and stablecoin protocol Ethena have partnered to launch a secured lending facility. The launch was announced by the two firms, which gives large crypto investors a new credit channel built around bank-style custody controls. How will Falcon X and Ethena’s facility work? FalconX and Ethena have announced that they are partnering to... fulltext: 365 chars | fulltext source: rss-fallback | summary method: extractive Original: https://www.cryptopolitan.com/falconx-ethena-institutional-lending-market/ Source: CryptoPolitan