“French DeFi project Atlendis, recently secured a €1M loan and a crypto services provider license, setting a precedent for future regulatory guidelines. Atlendis now targets real-world assets and fintech companies, facilitating crypto-to-fiat transactions, and opening blockchain opportunities to non-crypto businesses.”
Search Results for: Atlendis
Atlendis Labs & Banxa: Merging DeFi with Traditional Finance – Pros, Cons, and Future Conflicts
Atlendis Labs recently launched its upgraded DeFi credit marketplace on Polygon’s blockchain, partnering with payment service provider Banxa. This platform bridges traditional finance with blockchain technology, offering compliant credit options to businesses while providing investors competitive yields. Despite potential risks, merging traditional finance and DeFi showcases a promising future in lending.
Uncollateralized Lending in DeFi: Atlendis Revolutionizes Access and Boosts Liquidity
Atlendis, an uncollateralized lending platform, introduces new features and a crypto on-ramp to revolutionize access to decentralized finance (DeFi) and boost liquidity. Unlike traditional overcollateralized loans, Atlendis streamlines borrowing, partnering with Credora for creditworthiness checks and offering a Know-Your-Customer option for pool compliance.