Fidelity and BlockFi Partner to Provide Bitcoin-Collateralized Cash Loans
Fidelity and BlockFi Partner to Provide Bitcoin-Collateralized Cash Loans Last Updated: 11 December 2020 Fidelity Digital Assets, the crypto-focused arm of investment giant Fidelity Investments, is expanding its service offering to customers. Per a Bloomberg report from earlier this week, the crypto investment subsidiary has partnered with top crypto lender BlockFi to disburse loans to institutional investors looking to pledge Bitcoin as collateral. Easy Loans for Bitcoin Hodlers As the report explained, the loans will come from BlockFi. Fidelity’s institutional custod...
Source: insidebitcoins.com