🔎 RESEARCH: Tokenizing private credit changes the rails, not the credit itself.

European SMEs face a persistent funding gap, but bringing their loans onchain does not remove the need for borrower assessment, tangible collateral and legal recovery.

Across leading protocols, active loan books range from roughly $16M to $2.22B, while yields, sector exposure, fees and default histories vary widely.

Cointelegraph Research examines which crypto credit structures can realistically serve SMEs and where access, underwriting and enforcement still fall short.

The 8lends and Maclear AG case study looks at what tokenization changes, and what it does not:

https://s3.cointelegraph.com/reports/8lends_report.pdf

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🇺🇸 JUST IN: The National Fraternal Order of Police officially endorses the amended CLARITY Act.

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⚡️ NEW: Anthropic unveiled Claude Opus 5, calling it a thoughtful, proactive AI model that delivers near-frontier performance at roughly half the price of Fable 5.

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⚡ TECH: SpaceX's first Starship test since its IPO successfully reached space and deployed upgraded Starlink satellites.

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🔥 NEW: Fidelity has urged the Senate to pass the CLARITY Act.

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🔥 INTERESTING: IPOs have underperformed the market since 2019, per Apollo.

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🔥 TODAY: SK Group and NVIDIA launched a $500B+ AI partnership to build next-generation AI infrastructure and memory.

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⚡ UPDATE: No one is unstaking $ETH.

However, over 2.5M ETH is waiting to be staked.

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