Bullish Provides $100M Debt Facility to USD.AI for GPU-Backed AI Loans

·45 views

Cryptocurrency platform Bullish has committed a $100 million financing facility to USD.AI, a lending firm focused on artificial intelligence infrastructure. The capital will be used to fund GPU-backed loans, enabling businesses to secure financing using graphics processing units as collateral. The deal highlights growing institutional interest in bridging crypto-native capital with AI infrastructure demand. This move positions Bullish as an active participant in the emerging intersection of digital asset finance and AI hardware lending.

Read the full story at CoinDesk

This is an AI-generated summary. ShortSingh links to the original source for the complete article.

Discussion (0)

Crypto for Advisors: Wall Street is done waiting on Congress for crypto rules

0 comments Read more at CoinDesk

Crypto & Web3CoinDesk ·

Brooklyn prosecutors and FBI dismantle crypto fraud ring targeting Russian speakers

Brooklyn prosecutors and the FBI have taken down a large cryptocurrency fraud network that focused on Russian-speaking victims. According to the allegations, the operation drew people in through Russian-language Facebook advertisements and posed as financial advisers. The scheme is said to have stolen tens of millions of dollars from its targets. Victims were then approached a second time with false offers to recover their lost funds.

0 comments Read more at CoinDesk

Crypto & Web3CoinDesk ·

Ledger plans to turn its crypto hardware wallet into a smartphone

Crypto hardware wallet maker Ledger has unveiled a plan to transform its device into a smartphone. The device, called Atom, is designed to run everyday apps such as WhatsApp and Instagram. Users will be able to switch between standard smartphone functions and a secured mode dedicated to managing digital assets. The move comes as the company faces pressure in the market.

0 comments Read more at CoinDesk

Crypto & Web3CoinDesk ·

Bitcoin, copper, stocks and yields fall as gold rises

Bitcoin, copper, stocks and bond yields all declined in the latest market session while gold moved higher. The CoinDesk day-ahead preview for October 15, 2026 frames these moves as the market backdrop for the coming trading day. The source text provided is brief and does not detail specific drivers behind the moves. Readers seeking the reasons for these shifts would need the full CoinDesk report.

0 comments Read more at CoinDesk