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Credix Finance Proposes A Strategic Arranger Partnership With MakerDAO

Twitter icon  •  Published il y a 10 mois  •  Hassan Maishera

MakerDAO informed its community members via Twitter on Tuesday that Credix Finance proposes a strategic Arranger partnership with MakerDAO to enhance access to capital in Latin American markets.

MakerDAO informed its community members via Twitter on Tuesday that Credix Finance proposes a strategic Arranger partnership with MakerDAO to enhance access to capital in Latin American markets.

With an initial 150 million DAI facility, Credix aims to fund senior-secured structured debt to FinTech lenders as the Arranger. As the Arranger, Credix would handle sourcing, underwriting, and deal structuring for the proposed partnership with MakerDAO. Rigorous due diligence would be conducted at every stage to ensure transparency and reliability, the MakerDAO team added. 

MakerDAO is a Decentralized Finance (DeFi) project with a crypto-collateralized, stablecoin DAI pegged to the US dollar. Its community manages the coin via a Decentralized Autonomous Organization (DAO). MKR is trading at $636, up by more than 1% in the last 24 hours.

 

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Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.