The funds will be borrowed from BlockTower Capital through Clearpool, which launched in March.
Jane Street Capital, one of the world's biggest market makers, is pushing into decentralized finance as it plans to borrow up to $25 million in the stablecoin USDC.on Tuesday, the funds will be borrowed from BlockTower Capital through Clearpool, which launched in March. Clearpool is a decentralized capital markets ecosystem which provides uncollateralized liquidity from a group of lenders.
This is the first time a major Wall Street institution has borrowed through a DeFi protocol, Clearpool said in the release.
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