Founder of Crypto Exchange Hodl Hodl to Launch a Lending Platform
The founder and CEO of crypto exchange Hodl Hodl, Max Keidun, intends to launch the landing platform Debifi, he has announced at the Baltic Honeybadger conference.
According to him, the platform is planned to go live in the first quarter of 2023.
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In the first stage, Debifi will offer stablecoin loans to customers. Six months after the launch, users will also have access to fiat money loans. In both cases, cryptocurrencies will act as collateral.
Keidun has pointed out the company has already signed agreements with several liquidity providers. He has emphasized that only institutional entities with the necessary licenses, such as banks, will be able to join the platform.
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Debifi has also closed deals with exchange Bitfinex and crypto financing company XBTO.