Crypto exchanges seeking to bolster sagging revenues are stepping up lending, potentially seeding the market with fresh risks less than a year after the last major crisis.
Recently launched programs from the likes of Coinbase Global Inc. and Binance come in many different guises, from margin loans meant to stimulate trading to facilitating borrowing through their platforms to making direct loans to clients.
Source: Crypto Lending Returns: Coinbase, Binance Try to Revive Revenues – Bloomberg
