The Daily Hodl
2020-12-10 16:30:08

Mainstream Investment Titan Fidelity Will Hold Bitcoin As Collateral for Cash Loans

Fidelity Digital Assets is now allowing its institutional clients to pledge Bitcoin as collateral against cash loans. The new offering, according to a press release, will target large institutional clients like hedge funds, miners, and over-the-counter trading desks, allowing them to liquidate their Bitcoin holdings and access capital without having to sell their positions. Fidelity […]The post Mainstream Investment Titan Fidelity Will Hold Bitcoin As Collateral for Cash Loans appeared first on The Daily Hodl.

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