Crypto start-up Block Earner raises $8m from CMCC Global, King River Capital
Block Earner, a start-up preparing to offer bitcoin-backed loans for home deposits, has raised fresh capital from investors that values the business at $75 million.
The Sydney-based business, which is being pursued by the corporate regulator for operating a previous product without a licence, will use the funding from venture capital investors to establish a niche in the crowded home lending market: using bitcoin as security for a loan.
Loading…
