NewsMV
Kraken and Maple Finance have launched an onchain warehouse facility for crypto-backed institutional loans, transplanting a structure long used in traditional credit markets onto the blockchain.
The deal allows Kraken to grow its institutional lending book by tapping blockchain-based structured credit rather than funding every loan outright from its own balance sheet.
What a Warehouse Facility Actually Does In conventional finance, a warehouse line is a short-term revolving credit facility that lets lenders originate new loans before they are packaged and sold on.
The borrower draws on the warehouse to fund individual loans, then repays as those loans are sold or refinanced.
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