lending platform

According to reports, the DeFi lending platform Polytrade completed a seed round financing of $3.8 million, led by Alpha Wave, Matrix Partners, Polygon Ventures, and CoinSwitch Ven

According to reports, according to bankruptcy court documents, the bankruptcy lending platform Genesis has requested creditors to explain how much the company owes them before the deadline of May 22, and has requested an auction to be held by the deadline of June 27. Bidders considering the acquisition of Genesis must indicate their interest by May 5th. Genesis requires creditors to submit the amount owed by May 22 Analysis based on this information:The Genesis lending platform has requested creditors to submit reports regarding how much the company owes them before the May 22nd deadline. With this, Genesis hopes to gain an accurate picture of its debts and liabilities before it proceeds with its bankruptcy proceedings. The deadline for potential bidders to show their interest in acquiring Genesis is May 5th. It is common for businesses, especially those that are struggling, to file for bankruptcy to reorganize or free themselves of debt. In the case of Genesis, the platform is requesting…