Bitdeer signs $400M AI cloud computing deal for Malaysia facility
Bitdeer expects revenue from the five-year agreement to begin in early 2027 as it builds toward 350 megawatts of AI cloud capacity by 2028. Bitcoin...
Tag : facility
FalconX, Ethena bring USDe backing assets into $1B institutional credit facility
The $1 billion facility will deploy assets backing USDe into overcollateralized institutional loans, expanding Ethena’s sources of returns beyond crypto basis strategies. FalconX and Ethena...
Rare Books Traced to Amazon AI Training Facility to Be Scanned and Destroyed
In brief An Apple AirTag hidden in a major book order led to an investigation that tracked the shipment to Amazon’s VGT3 warehouse in Las...
Zcash Miner Fortitude Powers Up Nebraska Facility as It Eyes Public Listing
In brief Fortitude brought a 12-megawatt mining facility in Grand Island, Nebraska, online, increasing its owned power portfolio to more than 60 MW. The company...
Kraken, Maple launch onchain warehouse facility for crypto-backed institutional loans
Crypto exchange Kraken and onchain asset manager Maple have launched an onchain warehouse financing facility for crypto-backed loans, applying a lending structure widely used in...
FalconX expands tokenized credit facility to Monad network in lending push
FalconX has expanded its tokenized structured credit facility to the Monad network, allowing institutional credit vault deposits to be used as collateral in decentralized finance...
Ripple Lands $200 Million Financing Facility to Expand Institutional Crypto Brokerage
In brief Ripple secured a $200 million debt facility from Neuberger Specialty Finance to expand Ripple Prime, its institutional prime brokerage platform. Ripple Prime has...
Ripple Secures Bullish $200M Debt Facility from Neuberger Berman to Launch Margin Trading
Ripple prime brokerage unit has secured a $200 million asset-based debt facility from Neuberger Berman, structured through the asset manager’s specialty finance group. This move...
Mantle tokenholders approve 30K ETH Aave credit facility after rsETH exploit
Mantle tokenholders backed a proposal authorizing a credit facility of up to 30,000 Ether (ETH), worth about $68 million, for Aave DAO, advancing remediation tied...