{"id":57419,"date":"2023-09-06T03:28:05","date_gmt":"2023-09-06T07:28:05","guid":{"rendered":"https:\/\/ifintechworld.com\/uncategorized\/coinbase-to-launch-new-lending-platform-aimed-at-large-institutional-investors\/"},"modified":"2023-09-06T03:28:07","modified_gmt":"2023-09-06T07:28:07","slug":"coinbase-to-launch-new-lending-platform-aimed-at-large-institutional-investors","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=57419","title":{"rendered":"Coinbase to launch new lending platform aimed at large institutional investors"},"content":{"rendered":"<div>\n<div id=\"imgCarousel\" class=\"imgCarousel\">\n<p><span class=\"text\">\u00a9 Reuters. Employees of Coinbase Global Inc, the biggest U.S. cryptocurrency exchange, watch as their listing is displayed on the Nasdaq MarketSite jumbotron at Times Square in New York, U.S., April 14, 2021. REUTERS\/Shannon Stapleton<\/span><br \/>\n<i class=\"imgGrad\"><\/i>\n<\/div>\n<p>By Jaiveer Shekhawat<\/p>\n<p>(Reuters) &#8211; Crytocurrency exchange Coinbase (NASDAQ:) Global is launching a digital asset lending platform aimed at large institutional investors, a company spokesperson told Reuters on Tuesday. <\/p>\n<p>Coinbase has raised $57 million for its new crypto-lending platform, a regulatory filing showed. <\/p>\n<p>The crypto industry, which was reeling from several high profile failures, got a boost last week after a three-judge panel ruled that the Securities and Exchange Commission (SEC) was wrong in rejecting Grayscale&#8217;s proposed bitcoin ETF without explaining its reasoning. <\/p>\n<p>Coinbase last month had secured approval to offer cryptocurrency futures to U.S. retail customers, scoring a major regulatory win. <\/p>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.investing.com\/news\/stock-market-news\/coinbase-to-launch-new-lending-platform-aimed-at-large-institutional-investors-3168058\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00a9 Reuters. Employees of Coinbase Global Inc, the biggest U.S. cryptocurrency exchange, watch as their listing is displayed on the Nasdaq MarketSite jumbotron at Times Square in New York, U.S., April 14, 2021. REUTERS\/Shannon Stapleton By Jaiveer Shekhawat (Reuters) &#8211; Crytocurrency exchange Coinbase (NASDAQ:) Global is launching a digital asset lending platform aimed at large [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2609,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[1],"tags":[83],"class_list":["post-57419","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-uncategorized","tag-featured","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Coinbase to launch new lending platform aimed at large institutional investors | iFintechWorld<\/title>\n<meta name=\"description\" content=\"\u00a9 Reuters. Employees of Coinbase Global Inc, the biggest U.S. cryptocurrency exchange, watch as their listing is displayed on the Nasdaq MarketSite\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=57419\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Coinbase to launch new lending platform aimed at large institutional investors | iFintechWorld\" \/>\n<meta property=\"og:description\" content=\"\u00a9 Reuters. 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