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The Daily Hodl 2022-05-05 18:45:47

Coinbase Uses Goldman Sachs’ First Bitcoin (BTC)-Backed Loan Product: Report

The largest cryptocurrency marketplace in the US is using Bitcoin (BTC) as collateral to get funding from a leading Wall Street bank. According to a new Bloomberg report, Coinbase put up an undisclosed amount of BTC while getting a loan from Goldman Sachs, a milestone event toward taking cryptocurrency mainstream with traditional institutions. Coinbase Institutional […]The post Coinbase Uses Goldman Sachs’ First Bitcoin (BTC)-Backed Loan Product: Report appeared first on The Daily Hodl.

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