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Link to Coinbase Article: Dharma Labs Raises $7 Million From Green Visor, Coinbase and Polychain "If ethereum is the protocol for decentralized global finance, then it’s going to need a lending tool built just for crypto. That’s the thesis of Dharma Labs, which built the Dharma protocol for decentralized lending businesses. Its first product, Dharma Lever, is in a closed alpha release now, enabling loans for traders and large crypto holders." "Now the startup has secured $7 million to build out the product in a round led by Green Visor Capital, a fintech-focused venture capital firm.
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@miguel @Tim @JoelKatz Sharing some thoughts and I hope you find some time in your busy schedule to read this. We have seen the miracle of speculation and healthy investors confidence in the last few weeks. Off course we are happy, and i am sure Ripple is too. But what sustains this confidence is fulfillment of perceived use-cases. hence, I feel it is very important to keep the connectivity of this confidence going, by making sure the expected use-cases go to production in a timely manner as expected and reported in various news. if this speculation turns into factual realit
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- ripple to production
- banks
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