Thursday, November 14, 2019

Automated crypto lending platform Compound raises $25M Series A from a16z, says it now has over $150M worth of assets on its platform (Jeff John Roberts/Fortune)

Jeff John Roberts / Fortune:
Automated crypto lending platform Compound raises $25M Series A from a16z, says it now has over $150M worth of assets on its platform  —  At a time when high interest savings accounts are languishing at an anemic 2%, Craig Hammell found a way to earn more than 8% this past summer.



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Sources: Cantor Fitzgerald agreed to invest as much as $600M in Tether for about a 5% stake in the past year; Cantor holds most of Tether's $134B in assets (Wall Street Journal)

Wall Street Journal : Sources: Cantor Fitzgerald agreed to invest as much as $600M in Tether for about a 5% stake in the past year; Canto...