Korea's Shinhan investment firm to offer peer-to-peer blockchain securities lending

South Korea's Shinhan Financial Investment will soon be offering peer-to-peer (P2P) stock lending via the blockchain designed to allow individuals to borrow and lend securities, according to reporting from the Economic News and other local Korean news outlets. With the new service, stock owners should be able to easily and cheaply lend shares directly, earning a fee in the process. CoinDesk explains that individual short sellers will potentially be able to borrow stock from willing counter-parties without having to pay exorbitant fees to large institutions.

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