CashOn Launches Hong Kong’s First Digital Currency Lending Platform, Valued at US$10 Million, Matching Borrowers with Financial Institutions...
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Aug 01 2024Launch of Digital Currency Lending Platform: CashOn has introduced Hong Kong's first digital currency lending matching platform, enabling customers to access cash liquidity through digital currencies by connecting them with licensed financial institutions and simplifying the collateralized loan process.
Market Growth and Future Plans: The digital asset lending market is rapidly expanding, particularly in Asia, prompting CashOn to explore new business opportunities and expand into the ASEAN region with innovative Web3 e-payment solutions, while aiming for significant market value growth.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
