M11 Credit has opened a new pool to lend to premier low-latency trading firms with market-neutral strategies that have a strong and established track record of borrowing from M11 Credit pools.

M11 Credit is strengthening its lending business with a new Head of Credit and an improved risk management framework. The expanded Pool Delegate team has established an enhanced underwriting process and credit policy and is implementing real-time monitoring tools for both on and off-chain assets.

M11 Credit’s existing pool with the same strategy is in run-off and will close once all loans are repaid and withdrawals processed. Auros is currently the sole borrower from the existing pool, and on 15 February 2023, after months of negotiations whilst Auros restructured following FTX’s bankruptcy, M11 Credit and Auros reached a positive resolution for full repayment of outstanding loans. Read more here.

About M11 Credit

M11 Credit is at the forefront of bringing traditional capital markets on-chain by offering liquidity providers access to risk-adjusted return opportunities and financing established and profitable businesses. An experienced team with backgrounds in leveraged finance, securities trading, and auditing manages the pools to ensure that yields are optimized, and value is created.