Diginex Expands Product Suite with Borrowing and Lending Facilities Launch

​Diginex Limited, a digital assets financial services company, announced that it has expanded its product suite to add borrowing and lending facilities, allowing the company's customers to lend and earn interest on their Bitcoin assets and Ether, as well as borrow these cryptocurrencies against their existing crypto holdings.

Integrated with Diginex's ecosystem, the new borrowing and lending platform will manage the entire lending lifecycle, actively managing collateral throughout the term and is a key to providing efficient and liquid markets. 

Further, it will provide licensed borrowing and lending capabilities, subject to regulatory approvals.

The ability to borrow and lend on the platform is key to Diginex's customer base of professional traders and will complement the planned suite of derivatives and trading tools including cross collateralization, portfolio margining and capital efficiency products that are being rolled out.

Richard Byworth, CEO of Diginex commented: “Borrowing and Lending provides yield to this asset class and a necessary hedge for derivative and volatility traders as we continue to expedite the growth of crypto derivatives. We look forward to completing the integration of this institutional grade technology.”

Shane Edwards, Head of Investment Products at Diginex, said: “With interest rates at historic lows there has never been a better time to offer crypto borrowing and lending. We are excited to unveil truly differentiated products with uniquely attractive risk return characteristics, unmatched in the traditional marketplace.”