Blog - Florence Finance (Page 2)

The Low Down on Interest Rates and Financial Pyramids

The Low Down on Interest Rates and Financial Pyramids

Find out the biggest innovations that are setting crypto up to displace the most ingrained TradFi systems Interest rates play a crucial role in markets as they determine the cost of money over time. This, in turn, acts as the essential benchmark against, which all other financial assets are priced.

Community Update # 5

Community update

Community Update # 5

GM Florence family The new version of our Protocol has now been running for over a month without any fault. In streamlining how the protocol works, we introduced a new overarching token that will serve as the base currency (unit of account) for all Lending Vaults of the protocol: the

Real World Asset Lending: The Next Big Trend in Crypto?

Real World Asset Lending: The Next Big Trend in Crypto?

Find out how this $150 million investment in Real World Asset Lending is supporting our vision at Florence Finance Our friends over at MakerDAO have put their money where their mouth is, and together with Centrifuge, have made one of the most significant on-chain investments ($150m) into real-world assets to

Real-world vs. On-chain lending

Real-world vs. On-chain lending

Let me start by declaring that I am a massive proponent of blockchain technology and in particular what I think it can do to address the opaqueness and excessive leverage in our current financial system. .....That said, last year's events have again made it painfully obvious that we need to

Community Update #4

Community Update #4

Dear Community, First of all, we want to wish you all the best for the new year. I know it's been a bit quiet from the front as markets have been puking and the breaking of the "number go-up" tech that we usually depend on to tickle our dopamine receptors

Florence Finance

Decentralization of Credit Creation

The demise of free banking and the birth of central banks centralized the process of credit creation around the beginning of the 20th century. At the time this was a vast improvement over the "rogue" free banking landscape and must be appreciated as such, but as time progressed it has

Florence Finance has funded an additional €0.5m junior loan to our lending partner SwishFund

Florence Finance is proud to announce that it has funded an additional €500k junior real-world loan to lending partner SwishFund, this brings the total of our junior loans funded to SwishFund to €1.5m. We are making great progress in our mission to bring real-world assets and real yields on-chain.

Florence Finance and Caple provide the first €1.0M in loans to the Dutch healthcare SME market

Florence Finance & Caple fund the first €1.0M in real-world loans: We are pleased to announce that we have provided two loans in the form of 12-month working capital facilities to two distinct SME players in the Dutch healthcare market with clearly defined business strategies. The first €500k was granted

Stablecoin adoption & TradFi

The impact of stablecoins on banks: Are stablecoins the killer DeFi application and what, if any, is the impact on TradFi if they achieve mass adoption? That is the topic that I have been pondering and I want to share some of my thinking... not as conclusive arguments but more

Why non-bank SME lending?

As the Duke of Florence and an ex-banker myself I feel it my duty to write a piece where I delve into non-bank SME lending and explore the scale of the SME funding gap and how at Florence Finance we are striving to address this issue. Buckle up anon. Small

Florence.Finance Funding

Just over a year ago I seed-funded Florence.Finance with five other founders that believed in the idea of building a crypto-funded, Euro-denominated, SME lending business initially envisaged as a "safe haven" to weather the crypto winter. Since then we have raised more than 3 million USDC through MDC token

Florence Finance

Real World Lending — DeFi's Next Frontier

In a recent article "Number Three" Arthur Hayes eloquently describes the rise and fall of crypto lending and that, to date, credit was utilized to either lever speculative trading or finance assets through asset-backed loans (mostly to miners) within the crypto market. He goes on to say "The major use

Florence Finance X LTO Network

Florence Finance x LTO Network Partnership Announcement

At Florence Finance we are excited to announce we have partnered with award-winning Dutch blockchain, LTO Network to use their Proofi software and Decentralized Identities tech to usher in a second coming of the decentralized financial revolution. LTO Network is an award-winning hybrid blockchain that can be used to secure,

Florence Finance Caple Loan

Community update

Community Update #3

Dear community. Welcome to our third community update. It has been a while since the first two updates and quite a few things have happened. In a nut shell we have made huge progress on all fronts since the MVP and are now launching the actual protocol on Ethereum mainnet

Florence Finance Defi collateralized loan

Community update

Community Update #2

Dear community, Welcome to our second community update. It has been a while since the first issue and quite a few things have progressed. In a nut shell we managed to incorporate, finish up our MVP which we are looking to launch soon. Legal We achieved a major milestone last

Florence Finance Community Update

Community update

Community Update #1

Dear community, Thank you for taking interest in our project at such an early stage. This is the first issue of our weekly community update. The goal is to keep you informed about our progress and upcoming opportunities. Development Our main focus at this early stage in the project lies

Florence Finance Defi Real World Lending

Welcome to Florence Finance!

The cryptocurrency and DeFi space are growing at an impressive rate. Solutions like MakerDAO, Compound, or AAVE have proven that lending can be facilitated without the need for a trusted middleman. One thing the major DeFi lending platforms have in common is that they require their loans to be at