Digital Asset Exchange Crypto.com Rolls Out Support for Under-the-Radar DeFi Altcoin
Singapore-based digital asset exchange Crypto.com is adding support for another low-cap decentralized finance (DeFi) altcoin. The exchange's customers can now trade the native token of Ribbon Finance (RBN), a suite of DeFi protocols that aims to help users access crypto-structured products. RBN is trading at $0.34 at time of writing.
Timeline of Ribbon-finance
Ribbon Finance mulls new DeFi lending pools for institutional borrowers - The Block
The DeFi lending platform is asking its community to select two out of four institutional borrowers for onboarding. The post Ribbon Finance mulls new DeFi lending pools for institutional borrowers appeared first on The Block.
Updates on Ribbon Finance's Suite of Products - The Block
Quick take Ribbon gained popularity as structured products protocol and being one of the first movers in the decentralized options vault space. In the past several months, however, Ribbon has expanded their suite of products substantially. Among others, Ribbon now offers exotic options vaults, undercollateralized lending, and a native options DEX which will be explored here.