Lantern Finance, Inc. has made a significant move in the crypto lending space by adding three new assets to its platform. This expansion is designed to cater to the growing demand for diverse lending options in the United States. The publication provides the following information:
Newly Added Assets
The newly added assets include:
- Bitcoin Cash (BCH)
- Chainlink (LINK)
- Sui (SUI)
bringing the total number of supported collateral assets to twelve. This strategic decision comes at a time when many crypto investors are seeking more flexible lending solutions without the need to liquidate their holdings.
Loan Opportunities with Crypto Assets
With this update, customers can now leverage their crypto assets to secure loans, receiving same-day funding either directly into their bank accounts or as stablecoins in their wallets. Lantern Finance aims to bridge the gap in the lending market, providing users with more opportunities to utilize their digital assets effectively.
Recently, the Ondo Short-term US Government Bond Fund (OUSG) achieved a significant milestone, reaching over $770 million in total value locked. This development contrasts with Lantern Finance's recent expansion into crypto lending options. For more details, see more.
