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Allo Secures $100 Million Credit Facility to Expand Crypto Lending Platform

December 24, 2024
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Allo Secures $100 Million Credit Facility to Expand Crypto Lending Platform

December 24, 2024
Allo has secured a $100 million bitcoin-backed credit facility to expand its platform that helps institutions and individuals participate in crypto lending. The company’s solution bridges traditional finance with blockchain technology, Allo said in a Tuesday (Dec. 23) press release. “Bolstering its position in the bitcoin ecosystem, Allo has staked over 544 BTC (valued at […]