The crypto lending platform Block Earner has completed a new round of financing of $8 million, led by Titan Fund

according to SmartCompany, the Australian crypto lending platform Block Earner has announced the completion of an $8 million new funding round, led by Titan Fund under CMCC Global, with participation from local Australian investment firm King River Capital.

It is reported that the new funds will be used to advance the launch of its Bitcoin-backed home loan deposit product, allowing customers to use their held Bitcoin and other digital assets as collateral for personal loans. This product will allow repayments in Australian dollars, Bitcoin, or a combination of both.