Decentralized Lending Protocol Centrifuge Accrues $6M Unpaid Debt

by Jeremy

Centrifuge’s mortgage dashboard additionally reveals there are 4 loans price $3.3 million late with cost in its REIF pool, which gives capital to finance business actual property mortgages. Nevertheless, REIF Monetary Investments, which is an funding firm that focuses on business actual property acquisitions, mentioned in an electronic mail that every one loans had an choice to increase with an extra 12 months, thus avoiding default. The agency added that it contacted Centrifuge to replace the dashboard.

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