Posted 3/20/2024, 11:00:00 AM
Lithuanian Bank Meld Partners with Swarm to Offer Crypto Loans Backed by Real-World Assets
- Meld, a crypto-friendly Lithuanian bank, plans to offer lending/borrowing against tokenized real-world assets (RWAs) to retail investors
- Partnership with DeFi platform Swarm Markets, which has an RWA trading platform and German regulatory license
- Could allow retail investors to use RWAs as collateral to get loans to buy more crypto in a bull run
- Meld recently secured Lithuanian virtual asset service provider (VASP) license
- Tokenized RWAs expected to become a multi-trillion dollar market; Meld has 75,000 waiting for early platform access