Lendingblock, an institutional platform for collateralised crypto-currency lending, has announced Genesis Capital as the latest participant in its Institutional Advisory Group.
As part of the advisory group, Genesis Capital, will work with Lendingblock to ensure that the platform meets the complex needs and high standards demanded by institutional users.
“We’re delighted to be working with Genesis, who are one of the largest and most respected pioneers of the digital asset economy,” says Steve Swain (pictured), CEO of Lendingblock. “We are building the secured financing backbone of this new economy from the ground up, so the active support of our advisory group is absolutely critical to ensure we launch the platform that the industry needs.”
“Lendingblock clearly sees the growing need for borrowing and lending digital assets. We welcome the launch of this platform and are pleased to be part of the collaborative working-group,” says Michael Moro, CEO of Genesis.
Lendingblock is an open venue for fully collateralised cryptocurrency loans, linking institutional borrowers and lenders. It is the first platform to bring cross-blockchain securities lending to the crypto world.
