FIDELITY DIGITAL ASSETS has teamed up with a cryptocurrency lending platform to let customers pledge bitcoin as collateral.
PROVIDENCE – Fidelity Digital Assets has teamed up with a cryptocurrency lending platform to let customers pledge bitcoin as collateral, the company announced in December. The partnership with BlockFi and a CME Bitcoin Futures Block Liquidity Provider lets institutional customers pledge bitcoin as collateral in their cash loans through Fidelity’s platform. The new capability is…