1 min read
Bitfinex Amplifies Post on Bitcoin-Backed Credit and Tokenized Collateral
The post from @BFXSecurities discussed possible capital-markets uses for both financing tools.
Bitfinex amplified a post from @BFXSecurities discussing potential uses for Bitcoin (BTC)-backed credit and tokenized collateral in capital markets.
The post discussed possible applications but announced no specific product or transaction.
Riot Platforms repaid a $200 million Bitcoin-backed credit facility from Coinbase Credit on Sept. 21, releasing pledged collateral. TokenPost previously covered Riot Platforms’ repayment of the facility.