Silvergate Announces Coinbase Custody as a Provider for Bitcoin Collateralized U.S. Dollar Loans
Retrieved on:
Mardi, mars 23, 2021
SEN Leverage provides secure, institutional-grade access to capital through U.S. dollar (USD) loans collateralized by bitcoin.
Key Points:
- SEN Leverage provides secure, institutional-grade access to capital through U.S. dollar (USD) loans collateralized by bitcoin.
- The investors collateral bitcoin is held by Coinbase Custody in a segregated cold storage account.
- Coinbase Custody maintains what it believes to be an industry-leading insurance policy to protect both online and offline assets across all of their products.
- Coinbase Custody operates as a standalone, independently-capitalized business to Coinbase, Inc. Coinbase Custody is a fiduciary under NY State Banking Law and a qualified custodian.