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DeFi

Kraken Extends $60M Nakamoto Loan

Crypto exchange Kraken has extended its $60 million loan to Nakamoto, with the maturity date pushed to December 2027.

Kraken Extends $60M Nakamoto Loan
Image: BullishMarketCap

Cryptocurrency exchange Kraken has extended a $60 million loan to Nakamoto, pushing the maturity date out to December 2027, according to Crypto Briefing.

Loan Terms and Extension

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The financing agreement, originally valued at $60 million, now gives the borrower additional time before repayment is due. The extension sets the final deadline for December 2027.

Key Facts

  • Borrower: Nakamoto
  • Lender: Kraken
  • Loan Amount: $60 million
  • New Maturity Date: December 2027
#Kraken#Nakamoto#Crypto

Source: news.google.com

This article is for information only and is not investment advice. BullishMarketCap news is produced with AI assistance from public sources and reviewed by our editors; see our editorial policy. Spotted an error? Tell us.

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