Maven 11 launches $40M lending pool on Maple as borrowers turn to DeFi

Cointelegraph

Published Aug 11, 2022 04:30PM ET

Updated Aug 12, 2022 06:20PM ET

Netherlands-based crypto investment firm Maven 11 has launched its third lending pool on Maple Finance, giving borrowers access to liquidity amid the bear market.

The $40 million pool financed by institutional lenders will be utilized by trading firms that include Wintermute, Auros and Flow Traders, among others, Maven 11 announced this week. The new pool is designed “specifically for institutions looking for yield opportunities,” the company said.

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