Valor Completes $19.50 million in Outstanding Loan Repayments, Returns 100 BTC and 5,000 ETH Collateral to Operational Scope
2024-05-08 08:41:30
Valor Inc., a subsidiary of publicly traded fintech company DeFi Technologies Inc., has announced that it has successfully repaid $19.5 million in outstanding loans. The digital asset collateral used for its loans, including 100 BTC and 5,000 ETH, has been re-released back into Valour's operating scope. These digital assets were previously used as collateral and can now be collateralized and generate additional revenue for Valour.
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