<div>
  <ul>
    <li>
      <p>
        Compound, a DeFi lending protocol, launched a new borrowing service for institutional clients via its subsidiary Compound Treasury which offers institutional clients access to the Compound protocol.&nbsp;
      </p>
    </li>
    <li>
      <p>
        The service will enable clients to borrow US dollars or USDC, a dollar-pegged stablecoin at a fixed 6% annual percentage rate (APR), while using crypto as collateral. The loans must be over-collateralized, enabling users to borrow assets worth up to 90% of their collateral&rsquo;s value.&nbsp;
      </p>
    </li>
    <li>
      <p>
        <b>Analyst Quicktake:</b>
         Compound competes with a number of other DeFi companies which offer institutional lending services such as 
        <a href="https://sp-edge.com/companies/518457">
          Aave
        </a>
        , 
        <a href="https://sp-edge.com/companies/715861">
          Anchorage
        </a>
        , and 
        <a href="https://sp-edge.com/companies/1313077">
          Maple Finance
        </a>
         the latter of which
        <a href="https://sp-edge.com/updates/12333">
           announced a USD 40 million lending pool
        </a>
         for institutional borrowers last month. Notably, this follow-up overcollateralized lending service may be an attempt by Compound to strengthen its 
        <a href="https://sp-edge.com/updates/10267">
          B- credit rating which it received from S&amp;P Global Ratings
        </a>
         on its enterprise credit facility in May. At the time, the company claimed that it was the first&nbsp; &quot;institutional DeFi&quot; product to be scored by a major credit rating agency.&nbsp;
      </p>
    </li>
  </ul>
  <p>
  </p>
</div>


<div>
  <p>
    <a href="https://www.coindesk.com/business/2022/09/14/defi-lender-compound-takes-bite-of-institutional-crypto-loans-pie/?utm_medium=referral&utm_source=rss&utm_campaign=headlines">
      Coindesk
    </a>
  </p>
  <p>
    <a href="https://thedefiant.io/balancer-wars-auras-path-to-dominance-in-ethereum-defi">
      Defiant
    </a>
  </p>
  <p>
    <a href="https://medium.com/compound-finance/compound-treasury-launches-borrowing-for-institutions-432af2cd7e6b">
      Company blog
    </a>
  </p>
  <p>
  </p>
</div>


All Updates

Compound launches institutional borrowing service

Compound’s enterprise credit arm receives S&P credit rating