NguThe Daily Hodl - Kunyaka oyi-1 odlulileyo - Ixesha lokufunda: imizuzu emi-2
Banking Giant Goldman Sachs Launching Its First-Ever Loan Collateralized by Bitcoin (BTC)
Banking and financial services titan Goldman Sachs is making its first-ever loan grant to a borrower fully backed by leading digital asset by market cap Bitcoin (BTC).
Ngo kutshanje umbiko, a spokesperson from the bank said that Goldman Sachs was interested in the deal because of its structure and 24-hour risk management.
This marks the first time the bank has offered a loan fully backed by a debtor’s Bitcoin stash, meaning that if the price of Bitcoin falls below a certain level, Goldman Sachs could force the borrower to add more collateral or liquidate the existing collateralized BTC.
Co-president of crypto investment firm Galaxy Digital Holdings tells Bloomberg that financial institutions lending to companies that provide digital assets as collateral is the “next step” for crypto-related services offered by blue-chip organizations.
Earlier this month, Goldman Sachs umemezele that they planned to offer a “full-spectrum” of services related to digital assets to high-net-worth clients with at least $25 million to invest.
At the time of the announcement, the head of digital assets for the bank’s private wealth management division, Mary Rich, said,
“We are working closely with teams across the firm to explore ways to offer thoughtful and appropriate access to the [crypto] ecosystem for private wealth clients, and that is something we expect to offer in the near term.”
Kutshanje, a isifundo by crypto exchange platform Bitstamp that surveyed over 5,500 institutional investors from across the globe found that 88% of them believe that crypto assets will eventually overtake traditional securities.
Hlola Price ActionUngaphoswa siBethi - Bhlisa ukufumana izilumkiso ze-imeyile ze-crypto ezithunyelwe ngqo kwi-inbox
Silandele Twitter, Facebook kwaye yocingo
Surf Umxube weHodl yemihla ngemihla
Jonga iiNtloko zeNdaba zamva nje
Iphepha elichazayo ukuba awusenanto oyifunayo: Izimvo ezivakaliswe kwiDaily Hodl ayizizo iingcebiso zotyalo-mali. Abatyalomali kufuneka benze unonophelo olufanelekileyo ngaphambi kokwenza naluphi na utyalomali olunomngcipheko omkhulu Bitcoin, cryptocurrency okanye ii-asethi zedijithali. Nceda ucebise ukuba ukudluliselwa kwakho kunye nokuthengisa kusemngciphekweni wakho, kwaye nayiphi na ilahleko onokufumana kuyo luxanduva lwakho. IDaily Hodl ayikukhuthazi ukuthengwa okanye ukuthengiswa kwayo nayiphi na imali yedijithali okanye iiasethi zedijithali, kwaye iDaily Hodl ayingomcebisi wotyalo mali. Nceda uqaphele ukuba iDaily Hodl ithatha inxaxheba kwintengiso ehambelana nayo.
Featured Image: Shutterstock/Rattanamanee Patpong/Konstantin Faraktinov
Iposi Banking Giant Goldman Sachs Launching Its First-Ever Loan Collateralized by Bitcoin (BTC) wabonakala kuqala IHodl yemihla ngemihla.
Umthombo wo kuqala: IHodl yemihla ngemihla