@FireOnNoiseApp 30 March 2021 more from that month

Bitcoin has a very high value, so it is possible to use it as collateral for borrowing dollars. This is a program launched in collaboration with Fidelity Digital Asset and Silvergate Capital, yesterday. In this collaboration, Fidelity Digital Asset (a large subsidiary of Fidelity Investment) is the custodian of the collateral program. The product will be marketed by Silvergate Capital. “The product name is SEN Leverage, which allows Bitcoin (BTC) owners to pledge their crypto assets to borrow US dollars. We chose Fidelity Digital Asset as the custodian, ”said Jon Melton, Director of Digital Asset Loans at Silvergate. Custodian is simply a service to store and manage assets, in this case crypto assets. #CryptoTrading