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London based DeFi lending platform that uses the Ethereum blockchain raised $400m in new funding led by WestCap and CDPQ.
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“We do not, in any circumstance, take customer assets and buy more of them or sell them because that’s not our business. Our business is to earn yield and . . . how we earn yield does not involve trading the asset itself,” he said.
https://www.ft.com/content/b47c9499-f4a6-46f4-991b-e8f7f20d49e2
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