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MakerDAO voting on $100M loan participation with Florida commercial bank - Dr-Buzz4U

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MakerDAO voting on $100M loan participation with Florida commercial bank

Dr-tech February 17, 2023 news

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MakerDAO voting on $100M loan participation with Florida commercial bank

Crypto lending platform MakerDAO is voting on a new proposal to bring another commercial bank into its ecosystem, strengthening the connection between decentralized finance (DeFi) and traditional finance. As per MakerDAO’s governance forum, Cogent Bank — a Florida-based commercial bank — is proposing to participate with $100 million in loans to MakerDAO’s RWA Master Participation Trust. [...]