Topic: [ANN] HODL Finance - Crypto-backed loans on demand - page 3. (Read 469 times)

Will you update info here?

How soon it will arrive?

Half a year has passed, but there are still no updates?

And where is link to your twitter?

HODL Finance is the European digital lending company. HODL Finance issues loans backed by cryptocurrency and other digital assets. Founded by the shareholders of the peer-to-peer lending platform, SAVY, HODL Finance now serves clients around the world.





The first and the most important product HODL Finance is focused at the time of launch is crypto-backed loans. A crypto-backed loan is similar to a regular secured loan, where a borrowed amount of money is expected to be paid for interest. The only difference is that cryptocurrency or other crypto-asset are provided as collateral. The lender can repossess the collateral in the case of default.

[ subject to change ]

In addition to the most popular cryptocurrencies, like BTC and ETH, our partners' tokens will be also accepted as collateral to get loans from HODL Finance. Token holders will be able to collect a crypto-backed loan by providing token instead of crypto-currency as collateral.  



It is possible to tokenize pretty much any asset. Such assets that are not physical in nature, for instance, trademarks or copyrights etc. are easier to tokenize. It is also easier to combine them with digital blockchain-based systems. These assets will also be accepted as forms of collateral in the future. And this is not the end! Another asset class the most likely to be tokenized soon is art. And even expensive champagne.

[ arriving soon ]

The borrower will be able to collect their crypto-backed in their free HODL Finance credit card. The greatest benefit is speed because the transfer of the loan to SWIFT account can take up to several days.

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