Ribbon Finance mulls new DeFi lending pools for institutional borrowers
10/25 12:55
Ribbon Finance, a DeFi protocol that offers investors access to crypto structured products, is considering a second round of lending pools for its DeFi lending product Ribbon Lend.
The Ribbon community is considering onboarding a new set of institutional borrowers, according to a new governance proposal on the project’s forum. Four firms are currently under consideration: Parallel Capital, Amber Group, Auros, and Nibbio. Out of these four, the community will vote to select two of them. Ribbon Finance will then create two new lending pools for the selected institutional borrowers.
The governance proposal stated that the four firms under consideration have already been vetted.
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