Wintermute Becomes One of Ribbon Lend's First Borrowers

Ribbon Finance announced that crypto market maker Wintermute and crypto HFT trading platform Folkvang have become the first two borrowers on Ribbon Lend. Regarding the recent Wintermute hack, Ribbon Finance said that it's been in direct communication with Credora Platform, a credit oracle, on the financial health of Wintermute, and is happy to have Wintermute as one of the first borrowers.