Diginex adds Borrowing and Lending capabilities : vimarsana.

Diginex adds Borrowing and Lending capabilities


December 22, 2020
SINGAPORE, Dec. 22, 2020 /PRNewswire/ -- Diginex Limited (Nasdaq: EQOS), a crypto exchange operator and full digital assets financial services company, announced today that it is expanding its product suite to add borrowing and lending facilities.
The technology will enable customers of Diginex to lend and earn interest on their Bitcoin assets and Ether, which is the asset of the Ethereum network, as well as borrow these cryptocurrencies against their existing crypto holdings.
The crypto borrowing and lending market has increased tenfold over the past 12 months. In 2020, crypto-backed loan volumes grew to $10 billion
[1] from just $1bn in 2019, driven by increased investment activity from institutions.

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