Fidelity Digital Assets and BlockFi Launch Bitcoin-Collateralized Cash Loans for Institutions
By Bhushan Akolkar
• 3 mins read
The penetration of Bitcoin in mainstream finance and the rising demand from institutions pushed Fidelity to come with offers of Bitcoin-backed cash loans. BlockFi will handle all the loan disbursement process while Fidelity Digital Assets will hold BTC as collateral in its custody.
