Linen App
44 Tehama St, San Francisco, California, 94105, United States
Overview
Bloqboard operates a platform that enables peer-to-peer lending of cryptocurrency via smart contracts and supports operations on ERC20 tokens. Co-founded by Alex Bazhanau and Vitaly Bahachuk, the product facilitates lending, borrowing and techniques used by equity traders, with a specific emphasis on enabling short selling. During a limited beta, approximately $150,000 in loans were borrowed through the service. The company plans to support more sophisticated token-lending use cases and envisions tokenized real assets serving as stable collateral to allow businesses and institutions to borrow stablecoins. Bloqboard’s lending system is powered by decentralized lending protocols; the app moved out of beta and is described as ready for business.
- Total raised
- $1M
- Funding rounds
- 1
- Latest round
- Equity
- Latest activity
- Nov 2018
Industries
- Apps
- Blockchain
- Cryptocurrency
- Ethereum
- Finance
- Financial Services
- Web3
Recent funding
Equity
Nov 2018
$1M