Tomorrow: Bitcoin-Backed Loans: What Borrowers Get Wrong.
@Two_Prime and BitGo break down rehypothecation, collateral safety, and the lessons borrowers learned the hard way from Genesis, BlockFi, and Celsius.
11 AM ET
Register now: us02web.zoom.us/webinar/regi…
Tomorrow — Two Prime and @BitGo on what borrowers actually get wrong in bitcoin-backed loans.
Register now if you haven't already: us02web.zoom.us/webinar/regi…
“Despite a band of cult followers trying to still explain the brilliance of Saylor’s ever-shifting plans, the market has started to grow skeptical."
Two Prime's @alexandersblume discusses $MSTR with Bloomberg @businessbloomberg.com/news/articles/…
Most bitcoin lending conversations start with the rate.
They should start with the custody terms.
Two Prime and @BitGo are getting into it on June 11th.
Bitcoin-Backed Loans: What Borrowers Get Wrong — register below.
us02web.zoom.us/webinar/regi…
$STRC is now trading over $5 below par. This product was marketed as safe yield. I was assured by all the geniuses this incredible product couldn’t do this. The AI ads of retired people by the pool with their life savings in STRC didn’t mention this part.
Every Bitcoin lending blowup taught borrowers the same lesson, just too late: you don't actually know your loan terms until something breaks.
@Two_Prime and BitGo walk through the parts that only matter at the worst possible moment, rehypothecation, custody, liquidation triggers.
June 11 · 11AM EDT · with @alexandersblume and @mtballensweig.
Reserve your spot: us02web.zoom.us/webinar/regi…
Three things most bitcoin borrowers don't fully understand until it's too late:
- What conservative LTV actually means when volatility spikes
- Who holds the collateral when the lender hits trouble
- How liquidation actually works in practice vs. in the term sheet
Two Prime x @BitGo - June 11th - 11:00 am ET
RSVP here: hubs.li/Q04hW5np0
Join Two Prime and @BitGo for a discussion on Bitcoin-Backed Loans: What Borrowers Get Wrong - featuring @alexandersblume and @mtballensweig.
This webinar will cover what institutional borrowers consistently get wrong before they sign: LTV ratios that look conservative until volatility tests them; custody arrangements that sound secure until the counterparty no longer exists; and liquidation mechanics that nobody explains until they are triggered.
June 11th at am ET - RSVP here: us02web.zoom.us/webinar/regi…
Digital Asset Market Structure 🏛️
How do regulators, institutions, and innovators build market structures that foster growth, manage systemic risk, and protect the economy?
BitGo CPO Nuri Chang hosted:
@Matt_Hougan of @Bitwise@alexandersblume of @Two_Prime
Igor Istratov of @FifthThird Bank
@macrocrunch of Bitcoin Standard Treasury Company
Watch now 👀
youtu.be/BVQvG6vqfyM