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Ripple Extends $75M Credit Facility to Gemini as Exchange Pursues IPO
19.8.2025
Gemini's S-1 IPO filing revealed a lending deal with Ripple and a widening first-half loss as the company endeavors to become the third crypto exchange to go public in the U.S
Gemini Files for Nasdaq IPO With Ripple-Fueled Credit Facility Tied to RLUSD Access
18.8.2025
Gemini’s Nasdaq IPO filing unveils bold access to Ripple Credit and RLUSD-based liquidity, signaling a powerful fusion of stablecoin finance and institutional crypto dominance. Gemini Nasdaq IPO Filing Unlocks Ripple Credit Access and RLUSD-Based Liquidity Gemini Space Station Inc., the holding...
DeFi Dev Boosts Solana Treasury to $218M After Latest Purchase
29.7.2025
The Nasdaq-listed firm funded the acquisition by its $5 billion standing equity line of credit facility
Wellgistics Integrates XRP for Healthcare Payments via $50 Million Credit Facility
9.5.2025
Wellgistics Health has secured a $50 million credit facility to implement XRP-based treasury and payment systems, aiming to revolutionize transaction efficiency within its healthcare network. $50 Million Credit Line Fuels Wellgistics’ Blockchain Payment Initiative Wellgistics Health Inc. (Nasdaq:...
Coinbase Provides $100 Million Credit Facility to Bitcoin Mining Company Riot Platforms
24.4.2025
Riot Platforms, Inc. (NASDAQ: RIOT) has announced a $100 million credit facility with Coinbase Credit, Inc., a subsidiary of Coinbase Global, Inc. (NASDAQ: COIN). This multiple drawdown term loan facility will be available to Riot over a two-month period following the execution date. The company...
SOL Strategies Surges on Up to $500M Credit Facility for Solana Investment
23.4.2025
The Toronto-listed firm said it will use the capital to buy more SOL and expand its Solana validator business
Argentina Scores $20 Billion Key IMF Credit Facility, Terminates Currency Controls
13.4.2025
The government of Argentina has finalized a deal with the IMF for a 48-month credit facility worth $20 billion to support the ongoing macroeconomic stabilization of the nation’s economy. President Javier Milei also announced the end of long-standing currency controls. Argentina Gets $20 Billion...
Bitcoin Purchases Confined: IMF Approves $1.4 Billion Credit Facility for El Salvador
28.2.2025
The IMF, which informally approved the deal last year, states that this program aims to boost El Salvador’s finances and growth prospects. However, the Bukele administration must “confine” its bitcoin activities and purchases in return. Done Deal: IMF Greenlights $1.4 Billion...
Allo secures $100M Bitcoin-backed credit facility
19.12.2024
The Bitcoin-tied credit line was funded by a consortium of lenders, including Greengage and a “long-standing” US institution
Allo secures $100M Bitcoin-backed credit facility
19.12.2024
The Bitcoin-tied credit line was funded by a consortium of lenders, including Greengage and a “long-standing” US institution
Allo secures $100M Bitcoin-backed credit facility
19.12.2024
The Bitcoin-tied credit line was funded by a consortium of lenders, including Greengage and a “long-standing” US institution
Allo secures $100M Bitcoin-backed credit facility
19.12.2024
The Bitcoin-tied credit line was funded by a consortium of lenders, including Greengage and a “long-standing” US institution
Kraken Crypto Exchange Fined by Australian Court
24.8.2024
The Federal Court of Australia has ruled that Bit Trade Pty Ltd., operating crypto exchange Kraken in Australia, failed to meet regulatory obligations for its margin trading product. The product was offered without a required market determination, breaching the Corporations Act. ASIC emphasized...
Australian regulator claims win over Kraken’s Bit Trade in federal court
23.8.2024
A court has found Bit Trade offered a product without following design and distribution obligations and acted as a credit facility, in violation of Australian laws.
Bitcoin Miner Marathon Digital Terminates Credit Facility With Crypto Bank Silvergate
8.3.2023
The miner reduced its debt by $50 million and freed up about $75 million worth of bitcoin that was held as collateral
Reports Claim Beleaguered Crypto Exchange FTX Seeks Over $9 Billion From Investors
10.11.2022
On Nov. 10, 2022, two reports said that FTX CEO Sam Bankman-Fried (SBF) is canvassing for emergency funds up to $9.4 billion for the embattled exchange. One report says that SBF has solicited crypto companies like Tether, OKX, and Tron founder Justin Sun as well. FTX Is Reportedly Seeking Up...
BlockFi Secures USD 250M Credit Facility from Bankman-Fried's FTX
21.6.2022
Major crypto lender BlockFi said it secured a USD 250m loan from the FTX exchange in an attempt to bolster its balance sheet.
The revolving credit facility, which is a type of credit, "are intended to be contractually subordinate to all client balances across all account types (BIA, BPY & loan...
BlockFi Receives $250M Credit Facility From FTX
21.6.2022
The proceeds will be used to fulfil client balances across all accounts
Israel's Pro Crypto Move, Shanghai's Metaverse, Bitcoin-Backed USD 100M Credit Facility + More News
31.12.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Israel's Pro Crypto Move, Shanghai's Metaverse, Bitcoin-Backed USD 100M Credit Facility + More News
Bitcoin Mining Company Griid Plans for Public Listing on NYSE via SPAC Deal
30.11.2021
After the vertically integrated bitcoin self-mining company Griid revealed it secured a $525 million credit facility from Blockchain.com, the company revealed it plans to go public via a special purpose acquisition company (SPAC) deal. Griid will be listed on the New York Stock Exchange (NYSE)...