Celo announced via X on Thursday that Untangled Finance launched on the Celo blockchain. Untangled Finance is an alternative lending platform that allows users to bridge real-world assets to Defi.
Untangled brings assets like invoices and SME loans onchain, making RWAs available to investors globally, Celo added.
Celo is an open platform that supports various distributed applications, smart contract development and payments using e-mail addresses and phone numbers as public keys. CELO is up by 4% in the last 24 hours and is currently trading at $0.7836.