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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

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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.

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