AI Infrastructure Firm Secures $500M On-Chain Loan, Bypassing Traditional Banks

A major artificial intelligence infrastructure company has successfully secured an on-chain loan facility worth up to $500 million, marking a significant shift from traditional banking systems. The deal, structured entirely on the blockchain, demonstrates the growing credibility and capability of decentralized finance (DeFi) protocols to facilitate large-scale institutional financing. By opting for an on-chain solution, the firm avoids conventional intermediaries, potentially reducing costs and increasing transaction transparency. This landmark agreement highlights the convergence of AI and blockchain technology, showcasing how crypto-native financial instruments are being adopted for real-world business operations and capital needs. The move is seen as a validation of DeFi's maturity and its potential to compete with established financial institutions for high-value corporate lending.