YouHodler is a crypto-backed lending platform that is based in Cyprus and has bank accounts in Switzerland. It allows users to leverage their cryptocurrency assets to secure cash loans, and get fast liquidity without having to sell them.

Credium wants to create a blockchain protocol that will be a database for the credit industry. They hope to use blockchain technology to reduce inefficiencies and increase transparency, while eliminating intermediaries.
The loan servicing and credit industry is hugely important in the United States. However, the difficulties in accessing credit worthiness, and the speculative nature of the industry, lead to inefficiencies.
Credium is launching a utility token called CDM that will be used on its platform.