Goldman Sachs Is Launching Its First-Ever Loan Collateralized By Bitcoin!
2 years ago
5
Goldman Sachs is making its first-ever loan to a borrower secured entirely by Bitcoin. The methodology and 24-hour risk management aroused Goldman Sachs' interest in the purchase. If the value of Bitcoin falls below a certain level, Goldman Sachs may demand the borrower to submit additional collateral or sell the present collateral.
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