Jul 26, 2023 9:41 pm
Credix Finance Launches Private Credit Pool on Solana, Investors Include Solana Foundation and Keyrock
Odaily Planet Daily News DeFi credit market Credix Finance said on Wednesday that the company has opened a new private credit lending pool using Solana, and qualified investors can deposit USDC in the pool to obtain income. The first investors in the pool include the Solana Foundation and digital asset market maker Keyrock.
Lenders can earn almost 11 percent annualized returns on insurance-protected private credit backed by receivables to Colombian farmers, according to Creditix Finance. It believes that, based on Colombia's capital needs, the size of the above-mentioned capital pool may be expanded to US$150 million in the next few months. (CoinDesk)