The RWA lending protocol Goldfinch has reached an agreement with the $5 million loan defaulter on a loan restructuring plan

2023-09-14 23:52:55
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ChainCatcher news, according to TechCrunch, the RWA DeFi lending protocol Goldfinch has reached an agreement with a $5 million loan defaulter on a loan restructuring plan. This plan may recover the $5 million loan from the defaulter Tugende for its motorcycle financing project in East Africa.

The terms of the agreement have not been disclosed. Tugende co-founder and CEO Michael Wilkerson declined to reveal details of the restructuring plan but promised to provide more information in the coming weeks.

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