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Maple Solana

Crypto lender Maple Finance expands support to Solana

Crypto capital markets platform Maple Finance has expanded support to the Solana blockchain and has deployed a $45 million fund to spur ecosystem growth. Maple provides undercollateralized loans for institutional borrowers on Ethereum (ETH) and now Solana (SOL) from several pool delegates. The project stated in an Apr. 25 blog post that it has already “originated over $1.2 billion in loans and currently count over $900 million in TVL to the platform.” The ecosystem fund was launched in partnership with decentralized finance (DeFi) lending platform X-Margin, with capital being provided by USD Coin (USDC) issuer Circle, digital asset manager CoinShares and several unnamed projects native to Solana. MAPLE SOLANA IS NOW LIVE. With partners @xmargintrading @circlepay @CoinSharesCo and Solana na...