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Element Raises $4.4M to Offer High Yield Crypto Loans

Element Raises $4.4M to Offer High Yield Crypto Loans – Decrypt

In brief Element has raised $4.4 million from top tier investors, including Andreessen Horowitz The startup promises to let ordinary investors earn high yields from lending out their Bitcoin and Ethereum Element’s CEO says this yield to more liquidity in Ethereum lending markets In the fast growing world of -short for decentralized finance -it’s common to hear of traders earning double digit interest rates when they lend out their crypto.