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Anchorage Enables Onchain Lending Through Off-Chain Collateral Integration

Anchorage Digital partners with Spark to link traditional collateral with blockchain-based lending, expanding institutional access to DeFi services.

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Terms & Concepts
  • Onchain Lending: A blockchain-based process where loans are issued and managed via smart contracts, providing transparency and automation.
  • Off-Chain Collateral: Assets held outside the blockchain system used to secure loans within decentralized finance platforms.
  • DeFi: Short for Decentralized Finance, a blockchain-powered financial system enabling services without traditional intermediaries.