CEX.IO Named in Top 20 Best Global Crypto Exchanges by
CEX.IO recently appointed Jonathan Wykes as the U.K. Managing Director, and Richard Evans as Managing Director for the Prime Liquidity Platform...
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CEX.IO recently appointed Jonathan Wykes as the U.K. Managing Director, and Richard Evans as Managing Director for the Prime Liquidity Platform...
Financial industry veteran with over 25 years’ experience to fuel the firm’s global and U.S. market expansion, developing its client base across the...
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Share this article LONDON, Feb. 10, 2021 /PRNewswire/ -- Crypto-backed lending service CEX.IO LOAN that launched in October 2020, has been experiencing major demand, receiving over $100M worth of loan requests to date. Most of the requests came from institutional investors, despite the service's popularity among retail clientele, as well. According to CEX.IO LOAN, such an increase in demand can be attributed to the institutionalization of the crypto-industry. Institutional investors in possession of cryptocurrencies regard it as collateral for borrowing funds and use it as such. They prefer...