Kraken and Maple Launch On-Chain Institutional Lending Warehouse Facility on June 25

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According to The Block, Kraken and Maple launched an on-chain institutional lending warehouse facility on June 25, providing USDC liquidity for OTC lending operations to institutional and high-net-worth clients. Maple funds the facility through a revolving financing mechanism similar to traditional asset-backed securities, with bankruptcy-remote SPV structure protecting assets, while Kraken assumes first-loss risk as originator and servicer.
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