Because cryptocurrency prices are almost comically volatile owing to challenges involved in valuing them, it’s hard to know when or why to sell. Enter crypto-asset backed loans, around which a small but growing number of startups is beginning to spring up. The idea is to lend money to cryptocurrency holders who don’t want to offload […]
View More BlockFi just gathered up $50 million to lend to bitcoin and ethereum holders who don’t want to cash out (yet)Category: SALT Lending
SALT Lending offers liquidity for cryptocurrency holders
SALT Lending has issued $40 million in asset-backed loans that are aimed at investors in cryptocurrencies to give them a bit of liquidity without the need to sell off assets. The company rolled out its first loans late in 2017 after two years spent developing the technology to make the loans work. SALT Lending relies on […]
View More SALT Lending offers liquidity for cryptocurrency holders