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Cryptocurrency Ecosystem => Bitcoin Forum => Bitcoin News & Updates => Topic started by: jings009 on November 07, 2018, 03:40:58 AM

Title: First Bitcoin-Backed Loans Issued to a Canadian Company
Post by: jings009 on November 07, 2018, 03:40:58 AM

A Canadian lender has issued the country’s first cryptocurrency-backed loan to a local company. Using Bitcoin (BTC) as collateral, Ledn has issued a loan in Canadian dollars to Bylls, a Bitcoin payment processing platform. According to Francis Pouliout, CEO of Bylls, the loan allowed the company to leverage their crypto capital and solve important issues for the company.
Source: https://cryptovest.com/news/first-bitcoin-backed-loans-issued-to-a-canadian-company/?utm_source=Investing.com&utm_medium=PartnerFeeds