Big news in the world of cryptocurrency! A big company called Bitwise invested in something called Maple Finance. Maple Finance lets people lend and borrow cryptocurrency in a safe way. It's like a digital bank for crypto!
- Bitwise put money into Maple Finance's Bitcoin loans.
- This shows more big companies are interested in using cryptocurrency.
- Maple Finance lets people earn interest on their Bitcoin, much more than a regular bank!
Fact | Number |
---|---|
Amount invested (approximately) | $5 million |
Total money in Maple Finance | Over $700 million |
Interest rate on Maple Finance | Over 9% |
Bitwise's total money managed | $12 billion |