Untangled launches USDC lending pool on Celo with an initial debt ceiling of $6 million

2024-05-02 23:12:59
Collection

ChainCatcher news, the tokenized real-world asset (RWA) platform Untangled Finance, supported by Fasanara Capital, launched the first private credit pool on the Celo (CELO) network with French fintech lending institution Karmen on Thursday. The fund pool is structured under Luxembourg securitization regulations, with an initial debt ceiling of $6 million, allowing qualified investors to deposit USDC stablecoins.

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
ChainCatcher Building the Web3 world with innovators