Monday , December 23 2024
Home / Mike Norman Economics / Penny Crosman — Crypto lending may be risky, but these firms say they’ve solved the riddle

Penny Crosman — Crypto lending may be risky, but these firms say they’ve solved the riddle

Summary:
As a new crypto lender, Nexo, launches Monday, the fintechs that lend money to people based on the digital currency they own say they’re doing well even when cryptocurrency values plummet. Longish but interesting article that looks at three crypto lenders.American BankerCrypto lending may be risky, but these firms say they've solved the riddle Penny Crosman

Topics:
Mike Norman considers the following as important: ,

This could be interesting, too:

Mike Norman writes Peter Bofinger — The Mechanics of Cryptocurrency

Mike Norman writes Bill Black — Bitcoin Frauds Keep Growing

Mike Norman writes Jonah Ho — TheBitcoin Fallacy-Back to the Gold Standard

Mike Norman writes Ousmène Jacques Mandeng and Piroska Nagy-Mohacsi — Cryptocurrencies challenge the status quo

As a new crypto lender, Nexo, launches Monday, the fintechs that lend money to people based on the digital currency they own say they’re doing well even when cryptocurrency values plummet.
Longish but interesting article that looks at three crypto lenders.

American Banker
Crypto lending may be risky, but these firms say they've solved the riddle

Penny Crosman
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *