2
Digital bank Anchorage offers Ethereum-backed loans to institutions
source link: https://fintechranking.com/2021/06/04/digital-bank-anchorage-offers-ethereum-backed-loans-to-institutions/
Go to the source link to view the article. You can view the picture content, updated content and better typesetting reading experience. If the link is broken, please click the button below to view the snapshot at that time.
Digital bank Anchorage offers Ethereum-backed loans to institutions
Crypto custody bank Anchorage Digital is expanding its services into crypto-backed loans for institutional investors.
Clients at Anchorage can now access a line of USD credit backed by Ethereum through its partnership with U.S. commercial bank BankProv.
Anchorage Financing will introduce a simple way for investors to put their Ethereum holdings to work, enabling them to access USD to meet their needs without liquidating their holdings.
Read more: CoinTelegraph
Recommend
About Joyk
Aggregate valuable and interesting links.
Joyk means Joy of geeK