The firm introduced an upgraded credit underwriting process and appointed a new head of credit. The developments came after M11 Credit suffered $36 million of loan defaults on lending protocol Maple Finance following FTX's November collapse.
M11 Credit Resumes Crypto Lending on Maple Finance After FTX-Spurred Pause
Coin Desk - 5 Apr 2023 21:10
The firm introduced an upgraded credit underwriting process and appointed a new head of credit. The developments came after M11 Credit suffered $36 million of loan defaults on lending protocol Maple Finance following FTX's November collapse.
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