Libra Credit and @BinanceLabs have partnered to address the growing global demand for liquidity of #crypto! @binance @LuHua10 @dschatt You can read more details via @Medium https://t.co/Ca6qghRyQN #blockchain #fintech #LibraCredit #cryptocurrency pic.twitter.com/J3N1rek7ia
— Libra Credit (@LibraCredit) July 27, 2018
According to the announcement, the partnership aims to address the “growing global demand for liquidity of crypto assets based on the Ethereum blockchain.” Libra Credit’s platform works to lend fiat and crypto denominated assets to users who pledge their cryptocurrencies, which now includes Binance Coin (BNB).
In a statement accompanying the announcement, Ella Zhang, the Head of Binance Labs, shares her confidence in the Libra Credit team.
The Libra Credit founding team has a wealth of experience and resources in financial services and payment solutions. They are committed to make long lasting impacts in the industry.
More: Binance Labs and Libra Credit Partner to Address Growing Global Demand for Liquidity of Crypto Assets
Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.