Tagomi Launches Lending And Borrowing Platform For Crypto Traders
- Tagomi, one of the leading cryptocurrency broker agencies, has announced that it is launching a lending and borrowing platform for cryptocurrency.
- Dennis Chou, director of trading at Pantera Capital, said that lending and borrowing facilities are common among traditional asset classes, and hence, institutional investors on traditional platforms take such facilities for granted.
- Johnson added that to facilitate short trades, or to lend the assets in their holdings, crypto investors have to look at a number of different lending platforms independently and then they have to manage their portfolios on these platforms separately.
- The company is backed by some top firms such as Pantera Capital, Thiel’s Founders Fund, and Digital Currency Group.
Read full article: insidebitcoins.com